How Payment by Documentary Credit in International Commerce Works

How Payment by Documentary Credit in International Commerce Works?

In the realm of international trade and finance, the use of letters of credit (LC) is common practice. A letter of credit provides a secure payment method for parties involved in cross-border transactions, ensuring that both the buyer and seller are protected. Given the intricate nature of LC transactions and the potential risks involved, the … Read More

How Non-voting Depositary Receipt Work?

How Non-voting Depositary Receipt Work?

Decree No. 60/2015/ND-CP (Decree 60) amending and supplementing a number of articles of Decree No. 58/2012/ND-CP issued by the Government on May 26th, 2015 has lifted foreign ownership limit of the public enterprises (with conditions) and permitted enterprises operating in all sectors and areas without restriction on foreign ownership to self-set out limits of foreign … Read More

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