Title: Decree 63/2011/ND-CP of july 28, 2011, detailing and guiding a number of articles of the Law on Commercial Arbitration

Type: Decree

Issuing Agency: Government

Responsible Agency: Relevant Agencies

Issuing Date: 28-07-2011

This Decree details and guides a number of articles of the Law on Commercial Arbitration on the management of arbitration; procedures for registration or termination of operation, revocation of establishment licenses and operation registration papers of arbitration centers and arbitration center branches; procedures for establishment, registration or termination of operation, revocation of establishment licenses and operation registration papers of Vietnam-based branches or representative offices of foreign arbitration institutions; and enforcement of decisions of arbitration councils on application of provisional urgent measures.

Tasks and powers of the Ministry of Justice

The Ministry of Justice shall take responsibility before the Government for performing the state management of arbitration and has the following tasks and powers:

1. To elaborate and submit to the Government or the Prime Minister for promulgation legal documents on organization and operation of arbitration; to guide the implementation of legal documents on arbitration.

2. To grant and revoke establishment licenses of arbitration centers; to grant and revoke establishment licenses of Vietnam-based branches or representative offices of foreign arbitration institutions; to approve changes in establishment licenses of arbitration centers under this Decree.

3. To approve charters of arbitration centers.

4. To announce lists of arbitrators of arbitration institutions operating in Vietnam; to disclose information on establishment, operation and termination of operation of arbitration institutions.

5. To guide and organize the propagation and dissemination of the arbitration law.

6. To enter into international cooperation in the field of arbitration.

7. To guide the professional training and retraining of arbitrators.

8. To examine, inspect and handle violations of the arbitration law.

9. To settle complaints and denunciations about arbitration in accordance with law.

10. To promulgate and guide the uniform use of forms of documents and papers relevant to arbitration institutions.

 

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