Scope of regulation

This Law provides for the jurisdiction of commercial arbitration, forms of arbitration, arbitration institutions and arbitrators; arbitration order and procedures; rights, obligations and responsibilities of parties in arbitral proceedings; courts’ jurisdiction over arbitral activities; organization and operation of foreign arbitrations in Vietnam, and enforcement of arbitral awards.

Arbitration's jurisdiction to settle disputes

1. Disputes among parties which arise from commercial activities.

2. Disputes among parties at least one of whom conducts commercial activities.

3. Other disputes among parties which are stipulated by law to be settled by arbitration

 This Law takes effect on January 1, 2011.

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