Specialized Courts
Specialized courts are unique judicial institutions that quickly and effectively resolve investment, business, and financial disputes according to international standards.
The Court, comprising the Court of First Instance, the Court of Appeal, and supporting staff, has jurisdiction to resolve disputes between IFC members, and with domestic and foreign organizations and individuals, as well as to recognize and enforce foreign judgments and awards within the IFC.
The parties may agree to apply international law, precedents, and commercial practices; proceedings are primarily conducted in English or bilingually (English-Vietnamese). The panel of judges includes both Vietnamese and international experts, the procedural process is streamlined, electronic litigation and online trials are applied, ensuring rapid enforcement.
The Court, comprising the Court of First Instance, the Court of Appeal, and supporting staff, has jurisdiction to resolve disputes between IFC members, and with domestic and foreign organizations and individuals, as well as to recognize and enforce foreign judgments and awards within the IFC.
The parties may agree to apply international law, precedents, and commercial practices; proceedings are primarily conducted in English or bilingually (English-Vietnamese). The panel of judges includes both Vietnamese and international experts, the procedural process is streamlined, electronic litigation and online trials are applied, ensuring rapid enforcement.