News

  • Launching Ceremony of Vietnam Mediation Centre and the Official Release of VMC Mediation Rules 2018 18/06/2018 16:05

    On 29 May 2018, the Vietnam International Arbitration Centre ran the Launching Ceremony of Vietnam Mediation Centre (“VMC”), a division of Vietnam International Arbitration Centre in Hanoi. VMC is the first unit in Vietnam to provide professional service of commercial mediation under the Decree No. 22/2017/ND-CP dated 24 February 2017 on commercial mediation.

  • Third Party Funding in Asia: whose duty to disclose? 04/06/2018 08:59

    Keen to ensure the new regime works, the Singapore Ministry of Law is already seeking feedback on whether cases are being funded, businesses are benefiting from the liberalisation, and whether 

  • 1st International ADR Conference at the Dusit Thani 30/05/2018 15:52

    In the conference, Mr. Phan Trong Dat (VIAC Vice General Secretary) presented about the enforcement of Mediated Settlement Agreement in Vietnam. Dat supposed that the enforceability of mediated settlement agreements is maybe the most important factor contributing to the success of mediation.

  • Vietnam launches mediation centre for trade-related issues 30/05/2018 15:31

    According to Tran Huu Huynh, President of the VIAC, Vietnam is considered a country with high and stable economic growth in the region and in the world. The Vietnamese Government has made a number of strong commitments and actions to reform in a more facilitative fashion, aiming to build a favourable business climate for investors, including the finalisation of a legal framework for the methods of settling trade disputes.

  • Many FDI firms choose commercial arbitration in resolving disputes 22/05/2018 14:11

    Phan Trong Dat, Deputy Secretary General of the Vietnam International Arbitration Centre (VIAC) said at a recent seminar that the rate of disputes in Vietnam has increased in the last three years with over a half of commercial arbitration cases at VIAC being resolved in foreign languages (mainly English).

  • The 6th FDI Moot Asia-Pacific Regional Rounds 10/04/2018 09:47

    The 2018 FDI Moot case considers how a new government has suspended the extraction of a rare earth, for which a foreign investor held the sole mining concession. The suspension was based on a study showing increased health risk in the nearby population. The suspension, confiscation of rare earths already prepared for export and customers’ contract terminations led the investor to shut down its operations, only then to discover government plans to license extraction by another investor.

  • Message from the Secretary General 2018 03/04/2018 16:22

    The Government enacted Resolution No. 19/2017/NQ-CP on continuing to implement main duties and solutions for improving business environment and enhancing national competitiveness in 2017 and orientation towards 2020. Consequently, according to the rating report issued by the World Bank, Vietnam has increased 14 levels in terms of business environment index and ranked 68th out of 190 economies in the world.

  • VIAC and THAC signed the Co-operation Agreement 03/04/2018 14:47

    On 15 March 2018, Vietnam International Arbitration Centre (VIAC) welcomed a visit from Thailand Arbitration Centre (THAC) delegates. Mr. Tran Huu Huynh (President of VIAC) and Mr. Pasit Asawawattanaporn (Director of THAC) together with other members of VIAC and THAC attended the meeting and witnessed the signing of the Co-operation Agreement between the two centres.

  • Commercial Arbitration in the ASEAN Region Poised to Increase Confidence in Foreign Investment 21/03/2018 10:19

    ASEAN, the Association of Southeast Asian Nations, has been progressing toward achieving its height- ened goal of an integrated AEC.

  • Indonesia: Enforceability of Foreign Anti-Suit Injunctions under Indonesian Law 07/03/2018 16:20

    There have been a number of occasions in Indonesia when domestic court proceedings and foreign arbitration proceedings of the same matter were carried out concurrently. 

  • VIAC Arbitrator attends the 68th session of Working Group II, UNCITRAL 01/03/2018 16:03

    From 3-9 February, 2018, at the United Nations Headquarters, New York, PhD., Lawyer Le Dinh Vinh - Director of Vietthink Law Firm cum VIAC Arbitrator has attended the 68th session of Working Group II of the United Nations Commission on International Trade Law (UNCITRAL). The session aims at discussing the Draft Convention of the United Nations on Enforcement of International Commercial Settlement Agreements Resulting from Mediation.

  • CIArb Diploma in International Commercial Arbitration 2018 01/03/2018 14:49

    Following the success in Hong Kong 2017 and Singapore in 2016, this pre-eminent tertiary course offers a prestigious globally recognised qualification and is aimed at meeting the increasing demands for accredited arbitrators and arbitration practitioners to resolve cross-boder disputes in the Asia Pacific.

  • 2017 Year-in-Review: Top 5 in International Arbitration 12/01/2018 14:03

    2017 was a busy year for international arbitration. Taking a walk down memory lane, we saw new players and new industries entering the game, institutions adopting new rules, and we have some new challenges to tackle.

  • Mediation and Arbitration: The Differences 12/12/2017 16:15

    Mediation and commercial arbitration are two alternate dispute resolutions (outside courts) recognized by Vietnamese Rules. According to the law, these methods are based on the voluntariness of the agreement between each party and are enforced by number of rules such as: Resolution No.22/2017/NĐ-CP about Mediation and Commercial Arbitration Rules 2010.

  • ASEAN - China and Hong Kong Free Trade Area Conference: How to Benefit Enterprises? 07/12/2017 10:44

    The trade and investment relationship with China occupy a large proportion of Vietnamese enterprises' business activities. With the support of many important agreements and commitments between Vietnam and China, total bilateral trade value between these two countries has increased. 

  • Enforcement of Mediated Settlement Agreements in Vietnam: A Step Forward the International Trend? 17/11/2017 14:34

    It is the first legislation on commercial mediation which is inspired by the UNCITRAL Model Law, but includes several local modifications.

  • Promoting Investment among APEC Economies 08/11/2017 15:58

    (Ho Chi Minh City - 4 November 2017) Last week, Vietnam Business Lawyer Club (VBLC) co-operated with Inter-Pacific Bar Association and Vietnam International Arbitration Centre to organize the “Promoting Investment among APEC Economies” Conference. With many interesting discussion panels, the conference attracted lawyers, big corporations and policy makers from all over the region.

  • Conference on International Arbitration Training Day 2017: Introduction of IBA Soft Law 08/11/2017 09:12

    On November 4 in Hanoi, Vietnam International Arbitration Centre (VIAC) in cooperation with the Asia Pacific Arbiration Group under International Bar Association (IBA) organized the International Arbitration Training Day 2017: Introduction of IBA Soft Law. The program attracted a large number of arbitrators, lawyers from Vietnamese businesses. The program aims to assist Vietnamese Businesses in gaining international experience in the use of international arbitration to settle disputes.

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