An Overview of the Ordinance on Commercial Arbitration of Vietnam of February 25, 2003 - WAMR 2003 Vol. 14, No. 8

An Overview of the Ordinance on
Commercial Arbitration of Vietnam
of February 25, 2003
by
Tran Tuan Pong, Esq.
[Member, Bar Association of Hanoi City, Vietnam;
LL.B., Hanoi University; LL.M., Tulane University;
Fulbright Scholar; email: phong@vilaf.com.vn]
and
Duyen Vo, Esq.
[Member, New York Bar Association and Bar Association
]
[Both authors are associated with VILAF-HONG DUC/Vietnam
International Law Firm: Hanoi Office: International Centre, Unit 01, 7/F,

1. Background
To date, arbitration has not been viewed as among the
“mainstream” modes of dispute resolution in Vietnam. Few companies
take their cases to arbitration centers even though courts in big cities are
overloaded. The main impediment for arbitration is the lack of a
government system that provides for the coercive arbitral awards. This is
ironic because one can seek the enforcement of a foreign arbitral award
under the 1958 New York Convention on Recognition and Enforcement of
This article is from World Arbitration and Mediation Review.

Table of Contents:

Originially from: World Arbitration and Mediation Review (WAMR) 2003 Vol. 14, No. 8

1. Background

To date, arbitration has not been viewed as among the

“mainstream” modes of dispute resolution in Vietnam. Few companies

take their cases to arbitration centers even though courts in big cities are

overloaded. The main impediment for arbitration is the lack of a

government system that provides for the coercive arbitral awards. This is

ironic because one can seek the enforcement of a foreign arbitral award

under the 1958 New York Convention on Recognition and Enforcement of