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
In the context of increasingly diverse and complex commercial activities, the need for dispute resolution mechanisms that offer flexibility and efficiency has become more prominent than ever
The process of resolving commercial disputes through arbitration is founded on the fundamental principle of respecting the parties’ agreement. In practice, once a dispute arises, the parties often cannot agree on the arbitrator who will resolve the dispute. Accordingly, the following issue occurs: “If the parties fail to agree on the appointment of an arbitrator, how and by whom will the appointment be made?”
Analysis of cases where the respondent fails to submit a statement of defense or is absent from the arbitral hearing session under the 2010 Law on Commercial Arbitration and the MCAC Rules of Arbitration.
The Middle Commercial Arbitration Center (MCAC) recommends that the parties in the contract use the following model arbitration clause: