A new grant released from the Agency for International Development allocates $2.5 million dollars to “manage activities that promote the utilization of commercial and investment Alternative Dispute Resolution (ADR) in Vietnam to improve rule of law, support judicial reform, and enhance the business environment for both local and international businesses.”
Alternative dispute resolution refers to techniques of settling disagreements outside of the judicial system. In the U.S., it typically refers to arbitration, where both parties agree to have a neutral third party make a binding decision, or mediation, where a neutral third party helps guide the two parties in conflict to a non-binding mutually agreeable resolution.
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