News

VIAC and BIAC Deal on ADR

28/04/2016 13:51

 

Bangladesh International Arbitration Centre (BIAC) signed Cooperation Agreement with Vietnam International Arbitration Centre (VIAC) on resolution of commercial dispute through Alternate Dispute Resolution (ADR).


Muhammad A. Rumee Ali, Chief Executive Officer of the BIAC signed the agreement with Vu Anh Duong, Secretary General of the VIAC in Hanoi, Vietnam recently.


This Cooperation Agreement is intended to explore areas for co-operation in respect of the use of facilities and services of both the centres on alternative dispute resolution (ADR).


Duong expressed his gratitude for taking such initiatives of signing the agreement and helping both the countries to work together for resolving commercial disputes between the business of both the countries.


Mahbubur Rahman, BIAC Chairman and ICC Bangladesh President, Mahbub Jamil, Chairman of ICE Technologies Limited & Former Chairman of Singer Bangladesh Ltd,  Aftab ul Islam, President and CEO of IOE (Bangladesh) Ltd, Kutubuddin Ahmed, Chairman, Envoy Group and former president, BGMEAm, R. Maksud Khan, Chairman, Bengal Fine Ceramics Ltd, Anis A Khan, Managing Director and CEO, Mutual Trust Bank Ltd, Mohammad Shajahan Khan, Managing Director, S.S. Shipping and Chartering Ltd and Ataur Rahman, Secretary General, ICC Bangladesh attended the signing ceremony.

---

Arccoding to the Daily sun on April 26th 2016

Share Post
SOME OTHER NEWS
  • Transshipment risks for steel makers 16/11/2018 15:00

    The escalating trade dispute between the US and China is causing headaches for Vietnam when dealing with the re-routing of goods, and could lead to it becoming a “transshipment hub” for overseas products.

  • Hong Kong court refuses to enforce an arbitral award on the basis of violation of public policy 02/11/2018 09:30

    The Hong Kong Court of First Instance (“CFI”) refused to recognize and enforce an arbitral award (“Award”) of the China Guangzhou Arbitration Commission (“Commission”) on the basis that enforcement under section 95(3)(b) of the Hong Kong Arbitration Ordinance would be contrary to the public policy of Hong Kong

  • Signing of co-operation agreement with CIArb and ICDR/AAA 15/10/2018 11:21

    On October 12th 2018, Vietnam International Arbitration Centre (VIAC) has signed a Memorandum of Understanding (MoU) with the Chartered Institute of Arbitrators, London Branch and a Cooperation Agreement (CA) with the International Centre for Dispute Resolution (ICDR), a division of the American Arbitration Association (AAA) as part of the opening ceremony for the Introduction to International Arbitration Course, hosted by VIAC and CIArb, London and sponsored by ICDR at Deutsche Haus Building, Ho Chi Minh City.

  • Mitigating investment risk – treaty planning and damages claims against state entities 27/08/2018 10:27

    What do these three scenarios have in common? An investor is negotiating a contract with a state entity in a high-risk jurisdiction. An investor – an individual or a corporate entity – is considering how to structure its holdings in a tax efficient manner. An investor is facing potential asset nationalisation or breach by a state entity of its contractual obligations.

  • Firms suggested using mediation to resolve commercial disputes 23/08/2018 11:50

    Phan Trong Dat, Deputy Secretary General of the Vietnam International Arbitration Centre (VIAC) and Deputy Director of the VMC, said mediation is appropriate for Asian culture since Asians prefer to settle disputes in a peaceful way. According to Dat, mediation is simply a negotiation with the participation of an independent mediator who can help both parties discuss their matter and reach their own agreement.

  • Simplified procedure for foundation of standard LLCs 26/07/2018 14:37

    The Austrian Parliament recently passed an amendment to the law on limited liability companies (LLCs) aimed at simplifying the foundation of a special kind of LLC. The purpose of the changes – and the simplifications associated with them ­– have been hotly debated.

  • Taxation of bitcoin and other cryptocurrencies 26/07/2018 14:34

    The meteoric rise and subsequent tailspin in the price of bitcoin has incited rampant investment in cryptocurrencies. Over 1,400 coins or tokens are now in circulation. Often lost in the resplendence and chicness of buying and selling cryptocurrencies are the tax consequences.

  • 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.

    REGISTER EMAIL WITH VIAC