October 2, 2025Oct 2 Photo courtesy of Vietnam A new draft Law on Specialised Court outlines roles for foreign judges at the International Financial Centre, requiring judges to have ten years of relevant experience. The law, currently open for public opinion by the Supreme People’s Court, will set the foundation for resolving investment and business disputes. It specifies the court's structure, powers, and the legal procedures it will follow. The draft law aims to establish a structured mechanism for handling cases involving international investment and business issues. The specialised court will include a first instance court, an appeal court, and support functions. It will handle disputes using foreign laws, precedents, and international commercial customs. Judges, both foreign and Vietnamese, are appointed for a five-year term. The draft law emphasizes special policies related to remuneration and benefits to attract qualified personnel. Additionally, the procedural regulations at the court are designed to be efficient, aligning with common law traditions, and ensuring transparency with document sharing and evidence verification. The chief justice of the specialised court will resolve jurisdictional disputes, with the final say in such conflicts. Special incentives for judges and court staff include remuneration and benefits comparable to executive and supervisory agency levels. Moreover, training programs will be in place to ensure the competency of personnel involved. Looking ahead, the draft law proposes simplified procedures for quick resolutions compared to standard legal processes. It includes provisions for adversarial trials and clarifies the enforcement of judgments, granting specialised court judges the authority to issue enforcement decisions. The implementation of these regulations will be guided by the Supreme People’s Court. Key Takeaways New draft law for a specialised court requires judges with ten years' experience. The court will resolve cases at the International Financial Centre. Regulations include efficient procedures and enforcement of legal judgments. Click here for more Vietnam stories Adapted by ASEAN Now from Vietnam News 2025-10-02
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