According to the Rules of Arbitration of VIAC, Parties are required to appoint arbitrators within the list of arbitrator of VIAC to resolve disputes without foreign elements. But Parties are free to appoint arbitrators outside the list of arbitrators to resolve disputes with foreign elements.

Consultation on conditional business sectors for foreign investors
Question: Our company is a wholly foreign-owned enterprise and is currently planning to cooperate with a Vietnamese company to jointly invest in and operate a