The signing ceremony of the Memorandum of Understanding (MOU) between Thailand arbitration Center (THAC) and Vietnam International Arbitration Center (VIAC) was held on 15 March 2018 at VIAC, Hanoi, Vietnam. Mr. Pasit Asawawattanaporn, THAC Managing Director, and Mr. President TRAN HUU HUYNH of VIAC signed the MoU on behalf of THAC and VIAC.
This MoU signals a strengthening of the ties between both institutions to promote and facilitate international arbitration. Under the MoU, both institutions will be able to request for hearing facilities, conduct joint seminars and conferences, share resource persons and jointly promote activities in support of ADR. We confident that this MoU will strengthen institutional ties and capacity building of persons involved in ADR.