News

ICC BASCAP publishes first report on counterfeiting and piracy in Vietnam

“Vietnam is in the process of integration in the international forum and engaging in efforts to attract more FDI and enhance growth locally. This requires Vietnam to improve on its international commitment to strengthen IPR enforcement and protect businesses. The BASCAP Vietnam report will serve as a useful tool in this process.” Vu Anh Duong, Secretary General and Vice President of VIAC said

VIAC welcomed representative delegation of The Chinese Arbitration Association (CAA)

This visit aimed at strengthening CAA’s cooperation framework with arbitral institutions in Vietnam, as well as to assisting Taiwanese enterprises based in Vietnam with alternative dispute resolution such as arbitration and mediation.

Message from the Secretary General 2019

"I would like to send my deep appreciation to our arbitrators, our mediators and my wonderful colleagues at VIAC and VMC for all the energy and devotion that you have brought to our works. I am so eager to start the New Year of the Golden Pig with your new ideas, new projects, big plans and all of our effort for another successful year of VIAC".

Trade disputes on the rise in Vietnam

According to Mr. Vu Anh Duong, vice president and general secretary of the VIAC, one of the reasons for the record high number of disputes at the center is the vibrant activity of the Vietnamese economy, with significant business cooperation and investments.

Cooperative agreement signing ceremony between VIAC and PCA

According to the singed Cooperative Agreement, VIAC would be joining the list of “appointing authorities” executing the appointment of arbitrators pursuant to the designation of the Secretary General of PCA. Additionally, hearings under PCA Rules of Arbitration held in Vietnam shall be organized and supported by VIAC. The Agreement also provided cooperative proposals between VIAC and PCA through co-hosting events and arbitration training courses.

Transshipment risks for steel makers

The process, known as transshipment, requires manufacturers to set up a plant in Vietnam or collaborate with Vietnamese factories. This year, transshipment has reared its head as a major cause of the US-China tensions, and Vietnam is now caught in the middle.

Hong Kong court refuses to enforce an arbitral award on the basis of violation of public policy

Leave to enforce the Award was originally granted by the CFI on 28 August 2017 as part of the standard procedure in an  ex parte  application for leave.  The Respondent then applied to the CFI to set aside the enforcement order on the following grounds.

Signing of co-operation agreement with CIArb and ICDR/AAA

Mitigating investment risk – treaty planning and damages claims against state entities

More generally, claims brought by financial institutions may also arise from interest in an investment (such as an oil, gas or mining concession) where the host state passes legislation nullifying or modifying the relevant contract, or interferes with performance of the contract or breaches it, or indeed where the state expropriates the investment in its entirety.