CRITERIA OF ARBITRATORS 

A person with all the following qualifications may act as arbitrators:

1.    General conditions:

a) Having full civil legal capacity as prescribed in the Civil Code;

b) Age from 30 to 65;

b) University-graduated and having experience to work in this field no less than 8 years, except for experts with high level of profession and experience, or in special cases an expert with highly specialized qualifications.

c) Committing to resolve the disputes independently, objective and fair.

d) Passionate about commercial arbitration and dedicated to contributing to the development of commercial arbitration in Vietnam.

2.  Additional conditions:

In addition to the conditions provided in paragraph 1 above, person filing application for admission for arbitrator shall satisfy one of the conditions as follows:

a) Having been arbitrator in the five previous disputes resolved by arbitration, or

b) Introduced by the professional society in nationwide level, or university or academy, or

c) Introduced by at least one of members of the Executive Committee.

The satisfaction of the applying person of those conditions does not guarantee that such person shall ex officio be admitted as arbitrator by the Centre. The consideration of the admission of a person as arbitrator of the Centre falls within the authority of the Executive Committee of the Centre.

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.