Arbitration Rules
The Rules of Arbitration of the Vietnam Traders Arbitration Centre shall apply to resolve disputes at the Vietnam Traders Arbitration Centre. These Rules shall apply to resolve the disputes of which the arbitral proceedings commence on or after 16 July 2018 unless the parties have agreed otherwise.
TABLE OF CONTENTS
Article 1. Scope of application
Article 2. Interpretation
Article 3. Notice and document; calculation of periods of time
Article 4. Participation in arbitral proceedings
Article 5. Commencement of arbitral proceedings
Article 6. Multiple contracts
Article 7. Request for Arbitration
Article 8. Delivery of Notice and Request for Arbitration
Article 9. Statement of Defence
Article 10. Counterclaim
Article 11. Number of Arbitrators
Article 12. Constitution of an Arbitral Tribunal comprising three Arbitrators
Article 13. Constitution of an Arbitral Tribunal comprising a Sole Arbitrator
Article 14. Withdrawal of the Request for Arbitration and/or the Counterclaim; amendment and/or supplement to the Request for Arbitration, the Counterclaim, the Statement of Defence, and/or the Statement of Defence against the Counterclaim
Article 15. Consolidation of arbitrations
Article 16. General provisions in respect of Arbitrators
Article 17. Replacement of Arbitrators
Article 18. Power of the Arbitral Tribunal to verify facts
Article 19. Power of the Arbitral Tribunal to collect evidence
Article 20. Power of the Arbitral Tribunal to summon witnesses
Article 21. Power of the Arbitral Tribunal to order interim measures
Article 22. Place of arbitration
Article 23. Language of arbitration
Article 24. Applicable law
Article 25. Hearings
Article 26. Postponement of hearings
Article 27. Absence of parties
Article 28. Jurisdiction of the Arbitral Tribunal
Article 29. Mediation
Article 30. Stay of dispute resolution
Article 31. Principles for making Arbitral 30 Awards and Decisions by an Arbitral Tribunal
Article 32. Arbitral Awarsd
Article 33. Correction and interpretation of 32 the Arbitral Award; making an additional Arbitral Award
Article 34. Costs of arbitration
Article 35. Payment of costs of arbitration
Article 36. Decision as to the costs of arbitration and other expenses
Article 37. Expedited procedure
Article 38. General provisions
Annex 1. Model Arbitration Clause
Annex 2. Expedited Procedure Model Clause
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.