High time to amend the Law on commercial arbitration
Sep 01, 2020*Assoc. Dr. DO VAN DAI, Lecturer at Ho Chi Minh City University of Law, VIAC Listed Arbitrator After a 10-year implementation, the Law on Commercial Arbitration has revealed many shortcomings and proved inconsistent with recently revised regulations.
Shortcomings of Law provisions on the Enforcement of Arbitral Awards
Sep 01, 2020This statement was given at the Conference on Risk Prevention and Dispute Resolution by Arbitration in Construction. The Conference was organized by the Vietnam International Arbitration Center (VIAC) in collaboration with the Advocacy Committee to establish the Vietnam Construction Law Association this morning (June 16th, 2020) in Hanoi.
A separate Law on Commercial Mediation is needed
Sep 01, 2020Mr. Tran Huu Huynh, Lawyer and Chairman of VIAC, expressed his confidence in the development of commercial mediation. However, legislations on Commercial Mediation only exist at the Decree level.
Ownership, risk-sharing must be clarified in PPP law: experts
May 20, 2020Ownership rights and risk-sharing mechanisms must be clarified in public-private partnership (PPP) law to encourage the participation of private investors and ensure efficiency as well as transparency of PPP projects, according to Tran Chung, Chairman of the Vietnam Association of Road Traffic Investors.
Press release "Vietnam CISG Pre-Moot 2019"
Oct 28, 2019The United Nations Convention on Contracts for the International Sale of (CISG) is one of the most successful treaties in the field of international trade. Vietnam joined the CISG to become the 84th member of this Convention. Since January 1, 2017, the CISG has come into effect in Vietnam, marking an important milestone in its process of participating in multilateral treaties on trade and contributing to its improvement of the legal system on international trade towards a modern and fair legal framework in compliance with international practices.
The Singapore Mediation Convention: What Does it Mean for Arbitration and the Future of Dispute Resolution?
Oct 26, 2019Speaking in 2016 , the Chief Justice of Singapore called for a shift from viewing “ADR” as alternative dispute resolution, to appropriate dispute resolution. The underlying idea is that modern legal systems should provide a diversified range of dispute resolution options so parties can pick the mode of justice that is most suited to the subject matter, parties and desired outcomes.
[Conventus Law] Asia-Pacific Arbitration Report 2019
Oct 26, 2019A breakdown of the type of cases recorded by CIETAC, BANI, KCAB, SIAC and VIAC reveals a number of similarities and differences in the type of disputes in the Asia-Pacific region. Trade and sales appear in the top five types of disputes filed in all Asia-Pacific jurisdictions. Similarly, construction also appears in the top five types of disputes filed at BANI, KCAB, SIAC and VIAC.