VIAC e-Newsletter - Issue 23.12.07
Jan 25, 2024The Vietnam International Arbitration Center (VIAC) e-Newsletter is published biweekly on the VIAC website and LinkedIn page. The newsletter includes updates on news, upcoming events, and information related to the topic of alternative dispute resolution (ADR). To FOLLOW/SUBSCRIBE to the e-Newsletter, please click HERE .
VIAC as Academic sponsor for the VMOOT 2023 Competition
Dec 22, 2023On 27 November 2023, Hanoi Law University and Ho Chi Minh City University of Law entered the Final match of the VMoot 2023. It marked the 7th VMoot – a national-level competition – that has been held, equivalent to the long-term academic sponsorship provided by the Vietnam International Centre (VIAC) to the competition. The event was sponsored by YKVN Law Firm, Vietcombank Tan Binh Branch, LNT & Partners Law Firm, DL & Partners Law Firm, ASL Law Firm, Southern Commercial Arbitration Center (STAC), WESET English Center, and the Law TV as a media sponsor.
Vietnam CISG Pre-Moot 2024
Dec 22, 2023The Vietnam CISG Pre-Moot has been successfully taken place for five seasons. Embarking on the next leg of this journey, Vietnam CISG Pre-Moot 2024: Enigmatrix has officially kicked off, welcoming outstanding candidates - brave warriors who will use their legal knowledge and skills to resolve disputes in international trade. This year, Vietnam CISG Pre-Moot 2024 will continue as a mock arbitration hearing based on cases concerning the 1980 Vienna Convention. Foreign Trade University, Vietnam International Arbitration Centre (VIAC), and other organizing committees aspire that Vietnam CISG Pre-Moot 2024 will serve as a stimulating academic platform for students to enhance their legal knowledge and skills while expanding their network with other students and professionals.
VIAC & USAID co-hosts the Arbitrator Skills Camp
Dec 22, 2023HANOI, Vietnam – On the morning of 29 November 2023, the Vietnam International Arbitration Centre (VIAC) and the United States Agency for International Development (USAID), in collaboration through a technical assistance mechanism, proudly announced the commencement of “ Arbitrator Skills Camp ”. This training, set to unfold over five consecutive days (from 29 November to 03 December 2023), is dedicated to enhancing the capacity and skills of arbitrators who participate in dispute resolution through arbitration in Vietnam.
Seminar on dispute resolution strategies for enterprises in the Asia-pacific region: International arbitration and alternative dispute resolutions
Dec 18, 2023As per the Regional Economic Outlook, Asia and Pacific report published by the International Monetary Fund (IMF) in October 2023, the Asia-Pacific region maintains its economic dynamism despite the ongoing challenges anticipated in the global economy in the near future. Furthermore, numerous Free Trade Agreements (FTAs) have been established and put into effect by regional countries, contributing to the institutionalization of the region and facilitating trade and investments among contracting parties. Concurrently, Asia-Pacific's vibrant economy has also attracted considerable interest from major economies, firmly solidifying its role as an important force driving global economic growth. Nonetheless, being a potential and attractive investment region, Asia-Pacific has experienced a rising volume of transactions, marked by an increase both in value and scale of transactions, as well as potential for legal risks and disputes. Accordingly, there is an urgent need for the development and proficient implementation of alternative dispute resolution (ADR) mechanisms alongside conventional methods to address disputes arising from international transactions.
INTERNATIONAL DISPUTES RESOLUTION IN A POST-PANDEMIC ERA: TRENDS AND CHALLENGES
Dec 12, 2023Following the COVID-19 pandemic, international trade witnessed a robust recovery and growth, resulting in a significant increase in both the number and value of transactions. Consequently, the number of disputes has also increased, with a concomitant increase in complexity. In this context, businesses are particularly interested in resolving disputes effectively through alternative dispute resolution (ADR) methods, particularly mediation and arbitration. In order to use these methods effectively, it is important for businesses and ADR users not only to possess a comprehensive understanding of the fundamental knowledge and skills required, but also need to keep up with the trends in dispute resolution practice.
VIAC and VCCI cohost Launching Seminar of Review report on public-private partnership (PPP) model contracts & report on mobilizing new financing to infrastructure projects in Vietnam.
Dec 07, 2023HANOI, Vietnam – On the morning of 16 November 2023, Vietnam International Arbitration Centre (VIAC) and Vietnam Chamber of Commerce and Industry (VCCI), with the technical assistance of United States Agency for International Development (USAID), cohosted “Launching Seminar of Review report on Public-private partnership (PPP) model contracts & Report on mobilizing new financing to infrastructure projects in Vietnam”.
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Investment Legal Support Forum for investors in Ho Chi Minh City 2023
Nov 07, 2023As the country’s economic locomotive, Ho Chi Minh City has long been considered a preferred destination for many prospective investors. Compared to other areas, Ho Chi Minh City is permitted to implement a specific mechanism that aligns with the city's scale and development orientation. This can be viewed as an opportunity, but simultaneously poses numerous challenges for the business community, investors, especially amidst the unsettled business operation legal framework, which is constantly evolving and reforming.
Introduction of the report on Mobilizing New Financing for Infrastructure Projects in Vietnam
Nov 09, 2023According to the Global Infrastructure Outlook , Vietnam will need over US$ 600 billion to reach its infrastructure goals by 2040. The traditional sources of funding will be insufficient to address such financing needs. Vietnam’s infrastructure has mostly been financed directly by the government and other public agencies, such as local governments and state-owned enterprises, while private participation has been limited. As government budgets are further burdened by COVID-19-related expenditures, the fiscal ability to fund and finance new infrastructure is increasingly constrained. As a result, the Government of Vietnam needs to identify new ways to mobilize resources for new infrastructure.
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