Tough odds for VN market upgrade

Việt Nam’s securities market has a 25 per cent chance of being upgraded to the “emerging market” status from its current “frontier market” level by 2021, according to Võ Trí Thành, senior economist at the Central Institute for Economic Management (CIEM) cum VIAC arbitrator.

Conference on International Arbitration Training Day 2017: Introduction of IBA Soft Law

Mr. Vu Anh Duong – Vice President of VIAC said: “The principle of arbitration requires the parties to have an arbitration agreement. It is necessary to draw up an arbitration clause that is legally enforceable and practicable. Therefore, when a dispute arises, it can be resolved by arbitration.”

Forgiving tax debts must be done transparently

A recent proposal by the Ministry of Finance to clear over VNĐ26.5 trillion (US$1.16 billion) of tax arrears, accounting for more than a third of all tax arrears and irrecoverable fines, has raised public concern about the fairness and transparency of handling tax debts.

[Hanoi - HCMC] A Strategic Approach to International Arbitration in Vietnam and Korea: Commerce, Investment and Infrastructure

Mine declines: Good news for sustainability

The GSO attributed the slump to the plummet in crude oil and coal exploitation. This consequence is directly related to Việt Nam’s past development strategy, when the mining industry still occupied an important position. 

VIAC welcomed Vice Secretary of Permanent Court of Arbitration

VIAC and PCA agreed to sign a Co-operation Agreement in dispute settlement to improve the quality of arbitral award in PCA, especially with cases with Vietnamese elements such as the parties’ nationality in dispute, the applicable law ...

[HCMC] Asean Legal Business: Vietnam 2017 in-house Legal Summit

Insurance books should not be used as collateral

Lawmakers, lawyers and leaders from Vietnam Social Security (VSS), a State agency in charge of the country’s social insurance programme, have all advised against the practice of using social insurance books as collateral by banks, credit institutions and small loan businesses at a conference last week on the subject.  

VIAC welcomed representative delegation of Samsung Vietnam

Mr. Vu Anh Duong (General Secretary cum Permanent Vice President of VIAC) and Mr. Phan Trong Dat (Deputy Secretary General of VIAC) shared current situation of resolving dispute in general as well as dispute resolution through arbitration, mediation in particular.