The Southern Trade Arbitration Center (STAC) was established under Decision No. 799/QD-BTP dated June 5, 2017 of the Ministry of Justice, License No. 17/BTP/GP dated June 5, 2017 of the Ministry of Justice and Operation Registration Certificate No. 14/TP/DKHĐ-TT issued by the Department of Justice of Ho Chi Minh City on June 30, 2017, that serves the function of resolving disputes by Trade Arbitration or Trade Mediation for:
- Disputes between the parties arising from trade activities;
- Disputes arising between parties in which at least one party is involved in trade activities;
- Other disputes between the parties as prescribed by law shall be resolved by Arbitration.