What foreign arbitration award is recognized and enforced in Vietnam?
The following arbitral awards are recognized and enforced in Vietnam:
-
- An arbitral award from a foreign country which is a signatory to an international treaty with Vietnam on the recognition and enforcement of foreign arbitral awards;
- Foreign arbitral awards, other than the awards mentioned above, will be recognized and enforced on reciprocal principles.
- Additionally, a foreign arbitral award must be the final award of the arbitral tribunal, fully settles the dispute, ends the arbitration proceedings and is enforceable.