THE LEGAL FRAMEWORK OF CIVIL PROCEEDINGS OF THE SOCIALIST REPUBLIC OF VIETNAM

The economic and legal active reform is the result of the active policy of the state in Vietnam. Over the past 30 years, a major economic leap which has helped to achieve a tangible result meanly the reduction of poverty has been made. The economic situation demonstrates constant growth. The extreme poverty rate has been reduced to below 3 per cent. After rising 6.8 percent in 2017, statistics indicate that GDP growth accelerated to 7.1 percent in 2018. Vietnam was the first state that signed a free trade Agreement (signed on May 29, 2015, entered into force on October 5, 2016) with Eurasian Economic Union (EAEU). The Russian-Vietnamese high-level working group on priority investment projects, chaired by the Ministers of industry and trade, is an effective tool for promoting investment cooperation. The constant growth of economic cooperation between two countries makes necessary to develop mechanisms for disputes resolution. New economic relations need their legal consolidation and regulation. The diversity of economic relations leads to disputes, which require the development of an effective mechanism for their resolution. Judicial remedy is the most popular, therefore the same needs to be reformed. The adoption of the "Strategy of judicial reform until 2020" led to a number of changes, such as amendments to the basic law of the country, the adoption of new laws, changes in the legal system. In the present article the author investigated the main sources of civil procedure, analyzed the basic legal principles of civil proceedings. The article reveals the change in the legal system of Vietnam, in which the explanations of the Peoples' Supreme court as a source of law that plays a special role.