Pros and cons of the delocalisation theory in international commercial arbitration

Delocalization theory provides an approach to international arbitration laws, which enhances the parties’ autonomy and contractual freedom in process. The core of this is supporting recognition enforcement foreign arbitral awards even though these are regarded null voided original country. Based on doctrinal analysis delocalization as well opinions some national courts recognizing enforcing awards, research identifies that disadvantages overwhelm its advantage consequently, deemed unrealistic course practice. It does not enable resolving commercial disputes via be more attractive, domestic laws should rather flexible selective awards. Against background result, comments toward Vietnam law suggestions for reform have thus been built increase efficiency process