Vietnam International Arbitration Centre at the Chamber of Commerce and Industry of Vietnam

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==General Information==
==General Information==
* Official name: Vietnam International Arbitration Centre at the Chamber of Commerce and Industry of Vietnam
* Official name: Vietnam International Arbitration Centre at the Chamber of Commerce and Industry of Vietnam

Revision as of 17:52, 2 June 2010


Contents

General Information

  • Official name: Vietnam International Arbitration Centre at the Chamber of Commerce and Industry of Vietnam
  • Country: Vietnam
  • City: Ha Noi
  • Type of organization: Chamber of Commerce
  • Date of creation: 1993
  • Interests: Arbitration
  • Fields of expertise: Commercial and business disputes

Description

Origin

The Vietnam International Arbitration Centre at the Vietnam Chamber of Commerce and Industry (the “VIAC”) was established under the Decision No. 204/TTg dated 28 April 1993 issued by the Prime Minister of the Socialist Republic of Vietnam on the basic of merging the Foreign Trade Arbitration Committee (established 1963) and the Maritime Arbitration Committee (established 1964). The VIAC has jurisdiction over disputes arising from commercial activities among businesses.

As an institution administering arbitration, VIAC is committed to complete impartiality and transparency in all that it does for parties.

Rules of Arbitration

On their website, you can access to the Rules of Arbitration of the Vietnam International Arbitration Centre at the Vietnam Chamber of Commerce and Industry that shall apply to resolution of all disputes arising from commercial activities, where:

  • The parties agree to choose the Vietnam International Arbitration Centre and/or its Rules of Arbitration to resolve the dispute; or
  • The parties agree to choose the Vietnam International Arbitration Centre to resolve the dispute, but fail to choose any other rules of arbitration.

As for arbitration of a dispute involving a foreign element, the parties are free to agree on the language to be used in the arbitral proceedings. In the absence of any agreement by the parties to that effect, the language shall be Vietnamese. The parties may require the Centre to provide interpreter(s) and shall pay fees thereof.

Contact

09 Dao Duy Anh, Dong Da, Ha Noi

Phone : 84 4 574 2021/574 2022 ext. 206, 306.

Fax: 84 4 574 2020/574 2030

Email: viac-vcci@hn.vnn.vn

Official Website

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