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VOL. 8, ISSUE 1 (2026)
Designing Financial Dispute Resolution in an International Financial Centre: The Case of Vietnam
Authors
Nguyen Thien Trang, Mai Le Tra My, Hoang Nguyen Bao Nhi
Abstract
Vietnam’s establishment of an International
Financial Centre marks a significant shift in
its approach to financial dispute resolution. This article examines recent legal reforms governing
specialized courts and international arbitration, arguing that Vietnam is
pursuing a distinctive hybrid model that incorporates selected international
practices within its civil law system. Through comparative analysis with
Singapore and Dubai, the article reveals both convergence with global standards
and path-dependent institutional choices. While existing scholarship emphasizes
substantive financial regulation, this study addresses the procedural
foundations of dispute resolution credibility. The analysis demonstrates that
although legal reforms enhance Vietnam’s international legitimacy, the regime’s
effectiveness ultimately depends on consistent judicial practice and restrained
application of public policy and state interest exceptions that could undermine
arbitral finality.
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Pages:77-80
How to cite this article:
Nguyen Thien Trang, Mai Le Tra My, Hoang Nguyen Bao Nhi "Designing Financial Dispute Resolution in an International Financial Centre: The Case of Vietnam". International Journal of Law, Policy and Social Review, Vol 8, Issue 1, 2026, Pages 77-80
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