Law on Commercial Arbitration in Vietnam No. 54/2010/QH12 dated June 17, 2010 takes effects on January 01, 2011 (replace Ordinance on Commercial Arbitration in Vietnam No. 08/2003/PL-UBTVQH11 dated February 25, 2003), prescribes contents, such as: Arbitration's jurisdiction to settle disputes (Article 2), Identification of courts which have competence over arbitral activities (Article 7), Loss of the right to protest (Article 13), Forms of arbitration agreement (Article 16),  Invalid arbitration agreements (Article 18), Petitions and enclosed documents (Article 30), Formation of ad hoc arbitration councils (Article 41), The arbitration council's jurisdiction to collect evidence (Article 46), Contents, form and validity of an arbitral awards (Article 61) and other provisions. 

DMS Law office in Vietnam advises the following contents: 

Arbitration's jurisdiction to settle disputes

Interpretation of terms

Principles of dispute settlement by arbitration

Conditions for dispute settlement by arbitration

Courts' refusal to accept cases in which there is an arbitration agreement

Identification of courts which have competence over arbitral activities

Identification of judgment enforcement agencies competent to enforce arbitral awards or decisions of arbitration councils on the application of interim urgent measures

Negotiation and conciliation during arbitral proceedings 

Applicable laws for dispute settlement

State management of arbitration

Forms of arbitration agreement

Consumer right to select dispute settlement modes 

Conditions and procedures for the establishment of arbitration centers

Registration of the operation of arbitration centers

Announcement of the establishment of arbitration centers

Legal entity status and structure of arbitration centers

Rights and obligations of arbitration centers

Termination of the operation of arbitration centers

Petitions and enclosed documents

Time of commencing arbitral proceedings

Notification of petitions

Statute of limitations for initiating a lawsuit for dispute settlement by arbitration 

Withdrawal of petitions or counter-claims; modification and supplementation of petitions, counter-claims or self-defense statements 

Formation of an arbitration council at an arbitration center 

Consideration of invalid or unrealizable arbitration agreements, jurisdiction of an arbitration council

Complaints and settlement of complaints about an arbitration council's decision on the non -existence, invalidation or unrealizableness of an arbitration agreement, and jurisdiction of the arbitration council 

The arbitration council's competence to apply interim urgent measures

Procedures for the arbitration council to apply interim urgent measures

The arbitration council's jurisdiction and procedures for changing. supplementing or canceling interim urgent measures

Responsibilities of requesters for application of interim urgent measures

The court's jurisdiction, order and procedures for applying, changing or canceling interim urgent measures

The Law on Commercial Arbitration 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./.