Do the parties have the freedom to choose the law applied in the arbitration proceedings to resolve the dispute?
The applicable law in dispute resolution by arbitration are provided in Article 14 of The Arbitration Law 2010 as follow: 1. For disputes without foreign elements, the arbitration tribunal shall apply the law of Vienam in order to resolve the dispute. 2. For disputes with foreign elements, the arbitration tribunal shall apply the law chosen […]
Which disputes can be resolved by arbitration?
According to Article 2 of The Law on Commercial Arbitration of Vietnam in 2010 (hereinafter “The Arbitration Law 2010”), arbitration has competence in resolving the following disputes: 1.Disputes between parties arising from commercial activities. 2.Disputes arising between parties at least one of whom is engaged in commercial activities 3. Other disputes between parties which the law stipulates that […]
What is Commercial Arbitration?
Commercial Arbitration is a method to resolve disputes arising from commercial activities agreed by the parties and conducted in accordance with the provisions of law. The dispute resolution can be conducted by the Arbitration Tribunal of an arbitration centre or established by the parties. If you would like further information on What is Commercial Arbitration?, please either email […]