Điện thoại: (+84) 935 925 068
The Middle Commercial Arbitration Center (MCAC) was established under Decision No. .../BTP-GP dated... of the Minister of Justice and Decision No. .../QD-BTP date... of the Minister of Justice on the grant of license for establishment of Commercial Arbitration Center in Vietnam. The Department of Justice of Da Nang City issued the Certificate of Operation Registration No. .../TP-DKHD-TT dated... to MCAC.
115 Nguyen Van Linh, Hai Chau District, Da Nang City
contact@mcac.vn
(+84) 935 925 068
Monday – Friday/8AM – 5PM
7th floor, Muong Thanh building, 115 Nguyen Van Linh, Da Nang city
Is the statute of limitations for commercial arbitration 02 years or 03 years? A detailed analysis of the differences between the 2010 Law on Commercial Arbitration and the 2015 Civil Code
Understanding arbitration fees under Article 34 of the 2010 Law on Commercial Arbitration and MCAC Rules. Under what circumstances are fees refunded?
Within the framework of commercial arbitration, an arbitral award constitutes the final outcome of the arbitral proceedings and is final and binding upon the parties. In practice, however, after an award has been rendered, certain technical errors, ambiguities in wording, or omissions of claims duly submitted by the parties during the proceedings may arise. In order to remedy such deficiencies without altering the substantive nature of the award, the Law on Commercial Arbitration 2010 (LCA 2010) permits the correction, interpretation, and supplementation of arbitral awards in specific circumstances.
The Middle Commercial Arbitration Center (MCAC) recommends that the parties in the contract use the following model arbitration clause: