Fostering sustainable development under the EU–Vietnam Investment Protection Agreement: a need for enhancing cooperation through support mechanisms

Dung Tran Viet () and Huong Nguyen Thi Lan ()
Additional contact information
Dung Tran Viet: International Law Faculty, Ho Chi Minh City University of Law
Huong Nguyen Thi Lan: International Law Faculty, Ho Chi Minh City University of Law

TalTech Journal of European Studies, 2025, vol. 15, issue 2, 193-210

Abstract: 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.

Keywords: EVIPA; general exceptions; IIA; Investment Court System; ISDS; right-to-regulate clause; sustainable development (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/bjes-2025-0028 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:bjeust:v:15:y:2025:i:2:p:193-210:n:1013

DOI: 10.2478/bjes-2025-0028

Access Statistics for this article

TalTech Journal of European Studies is currently edited by Tanel Kerikmäe and Matti Rudanko

More articles in TalTech Journal of European Studies from Sciendo
Bibliographic data for series maintained by Peter Golla ().