Fostering sustainable development under the EU–Vietnam Investment Protection Agreement

A Need for Enhancing Cooperation Through Support Mechanisms

Bibliographic Data

ID6455984
AuthorsTran Viet Dung (Ho Chi Minh City University of Law), Nguyen Thi Lan Huong (Ho Chi Minh City University of Law)
Year2025
Volume15
Issue2
Pages193-210
Publication date2025-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueTalTech journal of European studies/TalTech journal of European studies (JOURNAL)
Journal identifiersISSN: 2674-4619 • E-ISSN: 2674-4600
PublisherDe Gruyter (PUBLISHER • DE)
DOI10.2478/bjes-2025-0028
OpenAlexW4411745170
LanguageEN
Citations received1
References cited21

The EU–Vietnam Investment Protection Agreement ( EVIPA ), signed by the parties in 2019, represents a significant shift from traditional investment treaties by integrating sustainable development objectives and explicitly recognizing the host state’s regulatory autonomy. The agreement also includes a number of provisions aimed at balancing investor protection with public policy goals. However, concerns persist regarding the clarity and effectiveness of these novel regulations for achieving this balance. The parties to the EVIPA have agreed to introduce a groundbreaking investment dispute settlement mechanism designed to enhance legal stability and clarity in the treaty’s interpretation and implementation. This study underscores the importance of prioritizing these mechanisms while addressing existing limitations in the regulatory framework, particularly concerning the right to regulate and exception clauses

Business · Economics · Foreign direct investment · International economics · International investment · International trade · Investment (military · Investment protection · Political science · Sustainable development · Innovation Policy and RD · International Arbitration and Investment Law · State Capitalism and Financial Governance

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