The Commercial Arbitration Ordinance is promulgated to regulate arbitration activities in the commercial field, applicable to parties participating in arbitration and arbitration organizations.
Các điểm cốt lõi
- Parties participating in arbitration → have/no have rights/obligations → There is no specific provision regarding the rights/obligations of parties participating in arbitration
- Arbitration organizations → have/no have rights/obligations → There is no specific provision regarding the rights/obligations of arbitration organizations
🌐 Tác động xã hội từ văn bản này
- Ensuring fair and effective access to commercial disputes through the arbitration system, reducing the burden on the court system
- Creating a favorable business environment, promoting commercial cooperation among parties
❓ Câu hỏi thường gặp
Who does the Commercial Arbitration Ordinance apply to?
This Ordinance applies to parties participating in arbitration and arbitration organizations in the commercial field.
What rights do parties participating in arbitration have?
There is no specific provision regarding the rights of parties participating in arbitration in this document.
What obligations do arbitration organizations have?
There is no specific provision regarding the obligations of arbitration organizations in this document.
Toàn văn
ORDER OF THE STATE PRESIDENT
Regarding the promulgation of the Commercial Arbitration Ordinance
CHAIRMAN OF THE STATE COUNCIL OF THE SOCIALIST REPUBLIC OF VIET NAM YEAR
Pursuant to Article 103 and Article 106 of the Constitution of the Socialist Republic of Vietnam in 1992, amended and supplemented by Resolution No. 51/2001/QH10 dated December 25, 2001 of the Tenth National Assembly, tenth session;
Pursuant to Article 19 of the National Assembly Organization Law,
BASED ON Article 51 of the Law on Enacting Legal Normative Documents;
THE WE PROMULGATE:
The Commercial Arbitration Ordinance.
Has been Within 10 working days from the date of receipt of the dossier as mentioned in Sub-clause b, Clause 1, Article 3 above, the Ministry of Foreign Affairs will review and submit to the competent authority for decision (Issues exceeding the Ministry of Foreign Affairs' jurisdiction will be referred to the Prime Minister for consideration and decision).The Standing Committee of the National Assembly of the Socialist Republic of Vietnam, Term XII adopted on February 25, 2003./.
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