Vietnamese Courts’ Annulment and Non-Recognition of Foreign Arbitral Awards: Inconsistencies with the New York Convention and International Norms
This article explores the significance of foreign arbitral awards and the New York Convention in international arbitration. It highlights the inconsistencies in Vietnamese courts’ recognition of foreign awards, the impacts on investor confidence, and recommendations for legal reforms to align with international standards. Understanding these dynamics is essential for enhancing Vietnam’s attractiveness for foreign investment and improving the arbitration ecosystem.