Vietnamese
Third-party funding in arbitration (Part 1): An introduction to a new concept under the VIAC arbitration rules 2026
Third-party funding in arbitration (Part 1): An introduction to a new concept under the VIAC arbitration rules 2026
The Vietnam International Arbitration Centre ("VIAC" or the "Centre") has issued its 2026 Arbitration Rules (the "2026 Rules"), which apply to arbitrations commenced on or after 1 July 2026. Among the changes, the 2026 Rules address third-party funding ("TPF") for the first time, by requiring a funded party to disclose its funding agreement and the identity of its funder (Article 16.7).
Jurisdiction of commercial arbitration over real estate disputes
Jurisdiction of commercial arbitration over real estate disputes
The jurisdiction of commercial arbitration rests on two independent conditions that must be satisfied together: subject-matter jurisdiction — the dispute must fall within a category that the law permits to be resolved by arbitration; and jurisdiction by agreement — the parties must have a valid arbitration agreement.
Conditions for commercial arbitration in Vietnam
Conditions for commercial arbitration in Vietnam
Dispute resolution through arbitration is increasingly chosen by businesses due to its flexibility, confidentiality, and efficiency. However, not all disputes can be referred to arbitration. So, under Vietnamese law, what conditions must be satisfied for a dispute to be resolved by arbitration?
