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In Conversation with the VTA President and the Asian Institute of Alternative Dispute Resolution (AIADR)
In Kuala Lumpur, Malaysia, Arbitrator Phạm Xuân Sang, President of the Vietnam Traders Arbitration Centre (VTA), shared insights with the Asian Institute of Alternative Dispute Resolution (AIADR) on the development of commercial arbitration in Vietnam within the broader context of the country's economy after nearly 40 years of Đổi Mới (Renovation). This discussion was featured in the "ADR Centurion" journal, published on December 1, 2024, by AIADR.
The conversation between the President of the Vietnam Traders Arbitration Centre (VTA) and the Asian Institute of Alternative Dispute Resolution (AIADR), conducted by Mr. Sagar Kulkarni, Chairperson of the ESC, AIADR. Please refer to the full document below:
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.