Vision - Mission - Core Values
Vision :
To become the leading trusted arbitration institution for resolving business disputes.
Mission :
VTA provides a reputable and effective mechanism for resolving commercial disputes, founded on respect, adherence to the highest legal standards, and a commitment to the business community and society.
Core values :
“RAPID” is created by a combination of 05 elements: Respect – Alternative – Prestige – Intelligence – Dedication. VTA pursues the “RAPID” value in all activities, especially arbitration proceedings so that based on the trust of entrepreneur community and society, VTA shall reach its vision and mission in the near future.
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Respect: Respect for the truth; prioritizing the parties' right to choose and agree; respecting the parties and VTA’s core values. |
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Alternative: Promoting Alternative Dispute Resolution (ADR) methods. |
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Prestige: Be loyal and protect the mission and VTA’s values; commitment to keep prestige to the parties. |
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Intelligence: Understanding the matter, creative thinking, and delivering value. |
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Dedication: To handle matters with all effort for the justice, the sake of the parties, VTA’s one and for its own self. |
VTA’s Model Arbitration Clause: “Mọi tranh chấp phát sinh từ hoặc liên quan đến hợp đồng này sẽ được giải quyết bằng trọng tài tại Trung tâm Trọng tài Thương nhân Việt Nam (VTA) theo Quy tắc tố tụng trọng tài của Trung tâm này”. “Any dispute arising out of or in relation with this contract shall be resolved by arbitration at the Vietnam Traders Arbitration Centre (VTA) in accordance with its Rules of Arbitration”.
The Vietnam Trade Arbitration Center (VTA) is responsible for organizing and coordinating the resolution of business disputes through institutional arbitration, with jurisdiction over disputes including: (i) disputes arising from commercial activities between parties; (ii) disputes involving at least one party engaged in commercial activities; and (iii) disputes as prescribed by law to be resolved by arbitration.