Arbitration in Vietnam 2024 Edition
25/01/2024 15:00
This updated edition provides an incisive analysis of the current state of commercial arbitration practice and trends on the recognition and enforcement of foreign arbitral awards and setting aside applications in Vietnam, presenting crucial insights and the latest developments that are essential for legal practitioners and businesses operating in the region.
Our latest edition delves into the complicated realm of recognition and enforcement of foreign arbitral awards in Vietnam. We offer a thorough analysis of the rejected petitions for recognition, examining the underlying reasons that may not align with the intent of the New York Convention. Public consultation has been made in the year 2023 and debate is ongoing in efforts to amend Vietnam’s Law on Commercial Arbitration considering the thorny issues (mostly arising from those rejected petitions over the years) raised by practitioners and stakeholders in the practice of arbitration in Vietnam.
Moreover, the 2024 edition uniquely features a new chapter offering invaluable case studies on court judgments supportive and assistive to arbitration, making it an indispensable resource for legal professionals seeking a deeper understanding of the complexities and nuances – procedural and substantive – in the practice of arbitration in Vietnam.
Whether you are a seasoned legal expert or a business professional doing business in Vietnam, this treatise is a must-read; a roadmap whenever contracting parties are embroiled in a dispute and find themselves resolving such disputes by way of arbitration with the ensuing enforcement route that may only be available in Vietnam.