Launching Ceremony of Vietnam Mediation Centre and the Official Release of VMC Mediation Rules 2018
Oct 26, 2019In the ceremony, VMC proudly introduced its first 11 Mediators who are also reputable experts in many fields of commercial activities to be listed in the VMC’s List of Mediators. The List is expected to be good recommendations for disputing parties for their selection of mediator(s) and shall be expanded with more brilliant faces in near future.
1st International ADR Conference at the Dusit Thani
Oct 26, 2019In 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
Oct 26, 2019According to Mr. 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
Oct 26, 2019Mr. 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).
Message from the Secretary General 2018
Oct 26, 2019In 2018, towards the 25 th anniversary (28 April 1993 – 28 April 2018), VIAC will keep striving; deserves to be a reliable address and the prioritized selection in any case of disputes. We believe with the solid foundation as well as our determination, VIAC will have a successful new year.
VIAC and THAC signed the Co-operation Agreement
Oct 26, 2019This MoU signals a strengthening of the ties between both institutions to promote and facilitate international arbitration. Under the MoU, both institutions will be able to request for hearing facilities, conduct joint seminars and conferences, share resource persons and jointly promote activities in support of ADR.
VIAC Arbitrator attends the 68th session of Working Group II, UNCITRAL
Oct 26, 2019Following the well-deserved achievement of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York, 1958), it is a concerted attempt to develop the United Nations Convention on International Mediation that the international community has as yet made to establish an effective legal instrument as well as a framework for enforcement of international commercial settlement agreements resulting from mediation (the“Settlement Agreement”).
Mediation and Arbitration: The Differences
Oct 26, 2019Mediation 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.
Promoting Investment among APEC Economies
Oct 26, 2019“A thorough co-operation in term of economic within APEC is a good sign for development. However, this also leads to the increase of commercial disputes among corporations, businesses in the member countries. Therefore, VIAC will continue to co-operate with other arbitration centres in the region to improve and update its dispute settlement procedure to achieve efficiency and boost the economy within the region”
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