BEIJING, Feb. 15, 2025 /PRNewswire/ -- A news report from chinadaily.com.cn:
As the global influence of the Guangdong-Hong Kong-Macao Greater Bay Area in arbitration continues to grow, the Shenzhen Court of International Arbitration, or SCIA, is supporting Chinese business enterprises in their global ventures.
It's also contributing to international trade and economic exchanges, according to industry experts and corporate representatives at a dialogue held on Feb 12 in Shenzhen, South China's Guangdong province.
SCIA council members from Hong Kong, Macao and overseas, along with over 50 representatives from major Chinese companies, discussed global economic trends, challenges and opportunities for Chinese enterprises.
They highlighted the crucial role of international arbitration in resolving disputes in trade, investment, finance and maritime commerce.
Liu Xiaochun, SCIA president and executive chairman of the South China International Arbitration Center (HK), stressed the importance of leveraging international rules and Hong Kong and Macao's strengths to protect the rights of Chinese enterprises overseas.
"We need to build a stable, transparent, fair and predictable market-oriented, rule-of-law and international business environment," he said.
Under the framework of "one country, two systems and three legal jurisdictions", the SCIA aligns rules with Hong Kong and Macao to facilitate business in common law and Portuguese-speaking countries.
Liu noted that Hong Kong's resources connected SCIA to common law countries, while Macao's unique legal system strengthened links to Portuguese and Spanish-speaking nations – providing professional and transparent dispute resolution services for Chinese enterprises.
Roberto Azevêdo, SCIA council member and former director-general of the World Trade Organization, underscored that international dispute resolutions provided stability to global trade relations. He said that the SCIA played a vital role in ensuring robust mechanisms for resolving international commercial disputes.
Anthony Neoh, SCIA vice-chairman, highlighted the council's international composition – including experts in China, from Hong Kong and Macao – which enhanced confidence in its legal and arbitration systems.
"We are connected with judicial institutions in Shenzhen, Hong Kong and Macao. The courts and arbitration institutions across these three regions are organically integrated, enhancing confidence in our legal and arbitration systems," Neoh added.
To better serve Chinese and foreign clients and meet the demand for risk prevention and dispute resolution in the international operations of enterprises, the SCIA continues to promote its international development.
In 2024, it accepted a record 14,518 commercial arbitration cases, with the total disputed amount reaching 142.27 billion yuan ($19.67 billion) – maintaining its position among the top three arbitration institutions globally.
The number of newly accepted international commercial arbitration cases rose to 520, a whopping year-on-year increase of 25.6 percent. Meanwhile, the geographic coverage of global clients expanded further, with parties from 64 countries and regions involved, representing a 45 percent year-on-year increase.
To date, the SCIA has served parties from a cumulative 142 countries and regions. Of its 2,087 arbitrators, currently, 733 are from overseas, accounting for 35.12 percent of the total.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
SCIA boosts global ventures of Chinese enterprises
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HO CHI MINH CITY, Vietnam, Jan. 12, 2026 /PRNewswire/ -- Digital travel platform Agoda reveals that Vietnam is becoming an increasingly popular year-end travel choice for families in the region and beyond. Based on searches made between September and November 2025 for stays during December 2025 and January 2026, Agoda recorded a 30% increase in family travel interest to Vietnam compared with the same period the previous year.
Agoda data shows that Vietnam is attracting more international families than ever this winter holiday season. South Koreans take the lead as the top market interested in traveling to Vietnam in December and January, with families from India, Singapore, Australia, and Malaysia rounding out the top five. Notably, Agoda reported that Indian families showcased the highest growth in travel interest to Vietnam during this period, with a 186% increase in searches. Malaysians also, are expressing strong growth in interest, with a 74% increase in searches, highlighting Vietnam's appeal as a family destination in Southeast Asia and beyond.
Families are choosing Vietnam for its storied culture and cuisine, diverse landscapes, and abundance of family-friendly resorts and attractions.
Phu Quoc Island leads as the most sought-after destination among international family travelers with a 47% increase in searches, popular for its sandy beaches, calm waters, and nature parks ideal for multi-generation vacations. Da Nang follows with 42% growth in travel interest, noted for its beaches, soft adventure activities, and access to Ba Na Hills theme park. Nha Trang comes in third place, remaining a favorite for its long coastline, family-oriented resorts, and island experiences. In fourth place, Ho Chi Minh City appeals with its vibrant food scene, entertainment complexes, and day trips to the Mekong Delta. In the north, Hanoi continues to draw families with its cultural landmarks, museums, and festive atmosphere, rounding out the top five most family-friendly year-end destinations in Vietnam.
Meanwhile, although Vietnamese families traditionally travel less internationally at the end of the year – typically preferring to wait for the Lunar New Year - China is becoming a noticeable exception. Among the top 20 outbound destinations preferred by Vietnamese families during the December-January period, searches for Shanghai increased 58%, while Beijing increased 59%. This shift is supported by the launch of new direct routes between Hanoi and selected Chinese cities earlier this year, making end-of-year overseas trips more accessible than ever.
Vu Ngoc Lam, Country Director at Agoda, said: "It is wonderful to see Vietnam increasingly chosen as an end-of-year holiday destination for families from across Asia and beyond. Agoda's data shows that travelers are recognizing Vietnam's family-friendly appeal, which further strengthen its position on the global travel map. As more families plan their festive-season or year-end getaways, we are delighted to support them through Agoda's simple, intuitive platform and our wide range of stays, flights, and activities."
With over 6 million properties, 130,000 flight routes, and 300,000 activities, all bookable in one seamless itinerary, Agoda helps families plan memorable year-end holidays, whether they choose a peaceful beach break, a cultural city escape, or an international exploration to mark the close of the year.
HO CHI MINH CITY, Vietnam, Jan. 12, 2026 /PRNewswire/ -- Digital travel platform Agoda reveals that Vietnam is becoming an increasingly popular year-end travel choice for families in the region and beyond. Based on searches made between September and November 2025 for stays during December 2025 and January 2026, Agoda recorded a 30% increase in family travel interest to Vietnam compared with the same period the previous year.
Agoda data shows that Vietnam is attracting more international families than ever this winter holiday season. South Koreans take the lead as the top market interested in traveling to Vietnam in December and January, with families from India, Singapore, Australia, and Malaysia rounding out the top five. Notably, Agoda reported that Indian families showcased the highest growth in travel interest to Vietnam during this period, with a 186% increase in searches. Malaysians also, are expressing strong growth in interest, with a 74% increase in searches, highlighting Vietnam's appeal as a family destination in Southeast Asia and beyond.
Families are choosing Vietnam for its storied culture and cuisine, diverse landscapes, and abundance of family-friendly resorts and attractions.
Phu Quoc Island leads as the most sought-after destination among international family travelers with a 47% increase in searches, popular for its sandy beaches, calm waters, and nature parks ideal for multi-generation vacations. Da Nang follows with 42% growth in travel interest, noted for its beaches, soft adventure activities, and access to Ba Na Hills theme park. Nha Trang comes in third place, remaining a favorite for its long coastline, family-oriented resorts, and island experiences. In fourth place, Ho Chi Minh City appeals with its vibrant food scene, entertainment complexes, and day trips to the Mekong Delta. In the north, Hanoi continues to draw families with its cultural landmarks, museums, and festive atmosphere, rounding out the top five most family-friendly year-end destinations in Vietnam.
Meanwhile, although Vietnamese families traditionally travel less internationally at the end of the year – typically preferring to wait for the Lunar New Year - China is becoming a noticeable exception. Among the top 20 outbound destinations preferred by Vietnamese families during the December-January period, searches for Shanghai increased 58%, while Beijing increased 59%. This shift is supported by the launch of new direct routes between Hanoi and selected Chinese cities earlier this year, making end-of-year overseas trips more accessible than ever.
Vu Ngoc Lam, Country Director at Agoda, said: "It is wonderful to see Vietnam increasingly chosen as an end-of-year holiday destination for families from across Asia and beyond. Agoda's data shows that travelers are recognizing Vietnam's family-friendly appeal, which further strengthen its position on the global travel map. As more families plan their festive-season or year-end getaways, we are delighted to support them through Agoda's simple, intuitive platform and our wide range of stays, flights, and activities."
With over 6 million properties, 130,000 flight routes, and 300,000 activities, all bookable in one seamless itinerary, Agoda helps families plan memorable year-end holidays, whether they choose a peaceful beach break, a cultural city escape, or an international exploration to mark the close of the year.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Agoda Data Shows Vietnam Rising as a Favorite End-of-Year Destination for Families Across Asia and Beyond
