ADHOC ARBITRATION

ADHOC ARBITRATION

ADHOC ARBITRATION

ADHOC ARBITRATION

ADHOC ARBITRATION
ADHOC ARBITRATION
ADHOC ARBITRATION
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Although Members of ADR Vietnam Chambers LLC are listed on different panels of various arbitration institutions such as ICC, SIAC, HKIAC, KCAB and VIAC but we wish to promote ad-hoc arbitration under relevant provisions of Law on Commercial Arbitration 2010 and UNCITRAL Arbitration Rules 2013 as well as specific arbitration agreements. Ad hoc arbitration means the form of dispute resolution in accordance with the provisions of this Law and the order and procedures as agreed by the parties. Parties are, therefore, strongly recommended to incorporate a standard ad hoc arbitration agreement in their contracts as follows:

“Any dispute, controversy or claim arising out of or relating to this contract, or the breach, termination or invalidity thereof, shall be settled by ad-hoc arbitration in Vietnam in accordance with the UNCITRAL Arbitration Rules for the time being in force.

The arbitration shall be administered by...

The appointing authority shall be the Competent Court of Vietnam under Law on Commercial Arbitration 2010.

The number of arbitrators shall be _________________*.

The language to be used in the arbitral proceedings shall be ________________.”

ADR Vietnam Chambers LLC cannot act as the Appointing Authority under UNCITRAL Arbitration Rules but may render our administrative supports to administer ad hoc arbitration in accordance with UNCITRAL Notes on Organizing Arbitral Proceedings. In order to select a suitable arbitrator, parties are recommended to consult with Note to National Committees and Groups of the ICC on the Proposal of Arbitrators. Members of ADR Vietnam Chambers are available for interview as guided by CIArb’s Interviews for Prospective Arbitrators. Our Members are required to strictly comply with the Chartered Institute of Arbitrators Code of Professional and Ethical Conduct for Members. ADR Vietnam Chambers may negotiate with parties on behalf of its members on their Terms of Appointment including Remuneration. You are kindly invited to make an enquiry about our services by using a standard form.

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