Dispute Resolution Among Investors in PPP Projects Involving a Foreign Investor: Jurisdiction and Venue

View Post in Vietnamese: >> Tranh chấp giữa các nhà đầu tư dự án PPP trong đó có một nhà đầu tư nước ngoài được giải quyết ở đâu?

Regarding the issue of resolving disputes in PPP project investment according to the latest regulations. Could you please clarify which authority will resolve disputes between investors, including at least one foreign investor?

Clause 4, Article 97 of the Law on Investment in the form of Public-Private Partnership 2020 (effective from January 01, 2021) stipulates:

Disputes between investors, including at least one foreign investor; disputes between a PPP project investor or enterprise and a foreign organization or individual shall be resolved at one of the following agencies or organizations:

- Vietnamese Arbitration;

- Vietnamese Courts;

- Foreign Arbitration;

- International Arbitration;

- Arbitration established by agreement between the disputing parties.

Thus, disputes between investors, including at least one foreign investor, will be resolved at one of the five aforementioned agencies.

Respectfully!

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