A new expert council dedicated to FinTech and digital economy disputes was launched in Ho Chi Minh City on May 29, marking a significant step in preparing Vietnam’s legal infrastructure for the operation of Vietnam's International Financial Centre (VIFC).
The Vietnam International Arbitration Centre (VIAC) Panel of Fintech and Digital Economy Dispute Specialists is expected to help VIAC develop specialized dispute resolution frameworks tailored to digital finance, digital assets and other emerging sectors, supporting Vietnam’s ambition to become a regional gateway for international capital flows.
Speaking at the event, Professor Le Hong Hanh, Chairman of VIAC, emphasized that developing the VIFC requires not only modern financial and technological infrastructure but also a transparent legal framework aligned with international standards. He noted that an effective dispute resolution system is a key factor in enhancing the competitiveness of international financial centres.
Mr. Nguyen Khanh Ngoc, President of the Vietnam Lawyers Association, echoed the view, stressing that transparent regulations and efficient dispute settlement mechanisms are essential for strengthening investor confidence and ensuring a sustainable business environment.
The event also witnessed the signing of cooperation agreements between VIAC, the Vietnam Association of Financial Investors, and the Vietnam Blockchain and Digital Assets Association.
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