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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 article provides a detailed analysis of legal regulations on the grounds for setting aside commercial arbitral awards, current inadequacies, and orientations for legal improvement in Vietnam
Explore a detailed analysis of the latest amendments in the Draft Law on Commercial Arbitration. Discover changes in jurisdiction and the future of dispute resolution in Vietnam with MCAC.
100 Answers on Commercial Arbitration” is an in-depth publication developed by the MCAC Commercial Arbitration Center, systematically compiling 100 essential questions and answers on commercial arbitration. The material covers key aspects ranging from fundamental concepts, jurisdiction, and arbitral procedures to the legal effect and enforcement of arbitral awards.
This publication assists businesses, legal practitioners, and commercial individuals in properly understanding and effectively applying arbitration as a dispute resolution mechanism, in accordance with Vietnamese law and international practice.