Region: Vietnam

German and Portuguese entities have launched an ICC claim against Vietnam and two state-owned banks over the alleged misappropriation of €10 billion in funds.

28 February 2023

Vietnam is facing its second ever ICSID case after a pair of Chinese construction companies filed a claim under a rarely used investment treaty.

30 November 2022

An industrial park developer and its chairwoman founder have launched a billion-dollar treaty claim against Vietnam over an alleged campaign to force the company into bankruptcy, as a prior arbitration brought by her moves to the merits phase.

04 July 2022

A SIAC tribunal has ordered a Vietnamese media group to pay nearly US$27 million to the Korean buyers of its interest in an electronic payments business that was implicated in an illegal online gambling ring.

13 January 2022

A US court has ruled that a lawsuit brought against King & Spalding by a former client over the division of the proceeds of a US$45 million investment treaty award against Vietnam should go to arbitration.

13 January 2022

A Dutch national who won a US$45 million investment treaty award against Vietnam is suing his arbitration counsel King & Spalding, accusing the firm of colluding with third-party funder Burford Capital to cheat him out of his due share of the proceeds.

15 June 2021

A Singapore oil and gas company says it has settled a SIAC claim against a subsidiary of Japan’s Inpex Corporation over the purchase of a US$14 million stake in a Vietnamese offshore gas block.

12 November 2020

Affiliates of Boston-based insurer Liberty Mutual have lodged an ICSID claim against Venezuela after selling their local operations amid hyperinflation and foreign exchange restrictions.

05 November 2020

A Korean real estate investor has threatened Vietnam with a US$79 million investment treaty claim over the alleged expropriation of its stake in a Ho Chi Minh City housing project.

22 October 2020

Featured in The Asia-Pacific Arbitration Review 2021

11 June 2020