Vietnam always treasures and appreciates the role of the Permanent Court of Arbitration (PCA) in assisting countries to peacefully settle international disputes by arbitration procedures and international conciliation, Prime Minister Pham Minh Chinh has told PCA Secretary General Marcin Czepelak.
Minister of Foreign Affairs Bui Thanh Son and Secretary-General of the Permanent Court of Arbitration (PCA) Marcin Czepelak on November 24 cut the ribbon to inaugurate the PCA representative office in Hanoi where the nameplate reads "House of Peace".
Hanoi will create the best possible conditions for the operation of the representative office of the Permanent Court of Arbitration (PCA) in the city, a local official has said.
Prime Minister Pham Minh Chinh received visiting Secretary-General of the Permanent Court of Arbitration (PCA) Marcin Czepelak in Hanoi on November 21.
Although mediation and arbitration are more cost-efficient than litigation when it comes to commercial dispute settlement, they are less frequently used by firms in Vietnam, according to Hoang Minh Chien, Deputy Director General of the Vietnam Trade Promotion Agency.
The trend of international economic integration has been opening up many trade opportunities for the Vietnamese business community. However, there are also many scams that cause local firms to suffer heavy losses.
Vietnam should improve its legal framework to maintain the attractiveness of the domestic investment environment to foreign firms, Vu Tien Loc, President of the Vietnam International Arbitration Centre (VIAC) has said.
Vietnam is spreading a message among domestic and foreign business community that the country will not let COVID-19 to hold back its pace of development and Vietnam has been and will continue to be the top destination for investors, said Vu Tien Loc, President of the Vietnam International Arbitration Centre (VIAC).
The Permanent Court of Arbitration’s 2016 ruling that rejected China’s irrational claim over 80 percent of the East Sea held great significance in the legal process in the area, according to a thematic report by two Russian scholars.
Malaysian Minister of Foreign Affairs Hishammuddin Tun Hussein affirmed the country’s standpoint on the East Sea issue during the ASEAN-US Foreign Ministers’ Meeting held virtually on July 14.
Dr Gerhard Will, a German expert on the East Sea, stressed that the Permanent Court of Arbitration (PCA)’s ruling on the Philippines’ lawsuit against China holds a solid legal basis and high value in the settlement of disputes in the East Sea.
The international community has continuously called on parties concerned to follow international practices and rules, especially the 1982 United Nations Convention on the Law of the Sea (UNCLOS) amid the complicated developments in the East Sea.
Australian Minister for Foreign Affairs Marise Payne has affirmed Australia’s position which is guided by principled support for international law and the 1982 United Nations Convention on the Law of the Sea (UNCLOS).
The international community has long benefited from the rules-based maritime order, where international law, as reflected in the 1982 UN Convention on the Law of the Sea (UNCLOS), sets out the legal framework for all activities in the oceans and seas, US Secretary of State Antony Blinken has said.
Vietnam’s stance on the settlement of disputes in the East Sea is clear and consistent, spokeswoman of the Ministry of Foreign Affairs Le Thi Thu Hang on July 12.
Japanese Foreign Minister Motegi Toshimitsu on July 12 issued a statement calling on relevant sides to comply with the Permanent Court of Arbitration (PCA)’s ruling in settling disputes in the East Sea, internationally known as the South China Sea.
The Association of Southeast Asian Nations (ASEAN) has a central role to play in the settlement of East Sea issues, with the international norms and behaviours being stated in the 1982 United Nations Convention on the Law on the Law of the Sea (UNCLOS), wrote a recent article published on the news site Latestmalaysia.com.
Sergey Tolstov, an expert at the Institute of World History, the National Academy of Sciences of Ukraine, has published an article highlighting the role of international law and the significance of the Permanent Court of Arbitration (PCA)’s ruling in settling disputes in the East Sea.
Politics
