The Legal Framework for Arbitration in Vietnam

General Information:

• UNCITRAL Model-Law based: No.
• Legal Provisions: Law 54 on commercial Arbitration of 17 June 2010. The English version is available on the website of the Vietnam International Arbitration Centre.

Multilateral conventions:

• New York Convention: Yes (ratification/accession: 12 September 1995); reservations: reciprocity; commercial disputes.
• European Convention: No.
• ICSID Convention: No.
• Energy Charter Treaty: No.

Arbitral institutions:

• Vietnam International Arbitration Centre

Last updated September 2010