Established in 1993, TRACENT, among few oldest arbitration institutions in Vietnam, is an independent, professional and neutral not-for-profit arbitration institution. Its main scope is to provide settlements and resolutions for commercial disputes, domestic and international wide, by means of arbitration and mediation. As a party to the 1958 New York Convention, TRACENT arbitration awards are enforceable in over 150 countries worldwide. TRACENT has an experienced international panel of nearly 100 expert arbitrators contributing to TRACENT Rules which are efficient, cost-effective and flexible, incorporate features from commercial, civil and arbitration legal systems. TRACENT is proud of its highest enforcement rule rate in Vietnam.