Abstract

Against the backdrop of Vietnam’s establishment of international financial centers, establishing a specialized court with a modern judicial framework is essential to strengthening investor confidence and enhancing the competitiveness of the legal environment. Employing analytical and comparative methods, this article examines Vietnam’s current legal framework for safeguarding the independence of specialized courts within international financial centers and identifies existing legal gaps concerning organizational structure, jurisdiction, and procedural rules. Drawing on relevant international experience from selected jurisdictions, particularly the United Kingdom and Singapore, the article proposes recommendations for improving the legal framework and ensuring its effective implementation in Vietnam.

Keywords: International financial centers; judicial independence; jurisdiction; specialized courts.