News

DZUNGSRT & ASSOCIATES LLC HAS SECURED ITS TOP-TIER RANKINGS IN BOTH DISPUTE RESOLUTION AND SHIPPING IN THE LEGAL 500 ASIA-PACIFIC 2019

It’s 2 years in a row that we have achieved top-tier rankings in the Legal 500 Asia-Pacific for the two main practices of our firm including dispute resolution and shipping. This is indeed our great pleasure and honor.

In Dispute Resolution, our Founder, Mr. Nguyen Manh Dzung, who is now an independent arbitrator and mediator is in the list of leading individuals and our Arbitration Counsel, Ms. Nguyen Thi Thu Trang is also in the list of next generation lawyers.

In shipping, our name is given a prominent position in the ranking list and our Managing Partner Dang Viet Anh is one of the leading individuals. As mentioned in the Legal 500, our shipping team, led by our Managing Partner Dang Viet Anh, has handled various matters including vessel collisions, salvage, charterparty disputes, ship arrests, cargo disputes as well as shipbuilding matters. Other lawyers of note in this practice include Ms. Vu Phuong Trang and Senior associate Nguyen Le Quynh Chi.

The Legal 500 is one of legal directories useful for law firms and in-house counsels. It reflects a subjective overview, based on systematic research and the ranking is updated annually.


VIETNAM BECOMES A MEMBER OF THE UN COMMISSION ON INTERNATIONAL TRADE LAW

During the 55th Plenary Meeting on Monday 17 December 2018 within the 73rd session of the United Nations General Assembly, the UN member states elected new members for the UN Commission on International Trade Law (UNCITRAL). At the meeting, Vietnam was chosen by 157 out of 193 states to become a member of the Commission. This is the first time Vietnam was elected for this position and its tenure would be from 2019 until 2025.

The Commission was established by the UN General Assembly in 1966 “to promote the progressive harmonization and unification of international trade law”. Since then, the Commission has made significant contributions to achieve this mandate, including preparing and promoting the application of international conventions and model laws in the field of international trade law. The Commission prepared among others the UN Convention on Contracts for the International Sale of Goods 1980 (the CISG), the UN Convention on the Carriage of Goods by Sea 1978 (the Hamburg Rules), the Convention on the Recognition and Enforcement of Foreign Arbitral Awards 1958 (the New York Convention), the Model Law on International Commercial Arbitration 1985, the Arbitration Rules 1976, as well as certain practical notes and guidelines in different areas of international trade law. These instruments are regarded as some of the most prominent successes in the harmonization process of international trade law and the Commission is regarded as a core legal body of the UN.

In recent years, Vietnam has actively integrated into the world economy and already been a party to the CISG and the New York Convention prepared by the Commission. Over the past years, Vietnam has participated in the Commission’s affairs as an observer to actively contribute to the meetings and discussions of some Commission’s Working Groups. The Commission’s model rules and guidelines have also been used by Vietnamese entities in their business operation and dispute resolution. Vietnam’s official membership in UNCITRAL shows the worldwide recognition of our contribution to the common work of the international community and marks a further deep step of Vietnam into multilateral legal integration. Membership of UNCITRAL would help Vietnam up to speed with the most current developments and trends in international trade law and enable us to revise national laws on trade, thereby reducing obstacles and facilitating international trade. Most importantly, this is a great opportunity for Vietnam to a construct and shape common international rules right from the stage of discussion and negotiation with regard to the issues that Vietnam is having a concern about especially investor-state dispute settlement, international commercial dispute settlement, and electronic commerce.


DZUNGSRT & ASSOCIATES LLC HAS BEEN RANKED BAND 2 IN DISPUTE RESOLUTION IN ASIA-PACIFIC BY CHAMBERS AND PARTNERS 2019

We are pleased to announce that we have achieved Chambers and Partners Band 2 ranking in the practice of Dispute Resolution in Asia – Pacific. Dispute resolution is one of our main services.

Our Partner Nguyen Ngoc Minh has been individually recognized as an Up and Coming Lawyer for Dispute Resolution in Asia – Pacific. According to the Chambers research, he is a notable practitioner who has been praised by interviewees as “a brilliant and articulate, and also very hard-working” lawyer.

Chambers and Partners ranking is based on their independent research which have been trusted by a lot of firms across many practice areas and geographies in years. Chambers identifies the best law firms and individual lawyers globally.


AN AWARD OF AROUND 2 MILLION USD SECURED

The arbitration team of Dzungsrt & Associates LLC has secured an award of around 2 Million USD for our international client in a construction arbitration at the VIAC. The Case has been ongoing for three years and involved multiple issues of EOT, price adjustment and contract finalisation.

Our Dispute Resolution Practice is headed by Mr Dang Viet Anh – Managing Partner and Mr. Nguyen Ngoc Minh – Partner, who are both CEDR Accredited Mediators, with other members such as Ms. Tran Ha Han – Senior Associate, Ms. Nguyen Thi Thu Trang – Arbitration Counsel, Ms. Nguyen Le Quynh Chi – Associates and Ms. Dang Vu Minh Ha – Associate. They are all experienced, capable and enthusiastic.


TWO PARTNERS OF DZUNGSRT & ASSOCIATES HAVE BEEN GRANTED WITH CERTIFICATES FOR CEDR ACCREDITED MEDIATORS

At the end of January 2018, CEDR, the largest conflict management and resolution consultancy in the world, for the very first time in Vietnam, directly organised a training course on mediator skills with the collaboration of IFC Vietnam Ministry of Justice and Vietnam International Arbitration Centre (VIAC).

Two Partners of Dzungsrt & Associates,  Mr. Dang Viet Anh (Saigon Office) and Mr. Nguyen Ngoc Minh (Hanoi Office) who participated in the training course and have been granted with certificates for CEDR Accredited Mediators.

Mediators achieving CEDR accreditation are recognised internationally as offering a service of quality and integrity. Besides our participation in drafting Decree No. 22/2017/ND-CP on Commercial Mediation, we consider this event one of our successes in the aim to strengthen our practice in the field of Mediation in Vietnam.

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