The services of debt collection in Vietnam has become increasingly challenging due to strict regulations introduced in recent years. With the ban on traditional debt recovery services in January 2021, businesses seeking to recover overdue payments have been compelled to adopt new strategies. This shift has highlighted the essential role of debt recovery lawyers in Vietnam, who provide a legal, … Read More
For foreign enterprises operating in Vietnam, navigating the local financial landscape often comes with unique challenges. Among these challenges, managing and recovering bad debts in Vietnam can be particularly complex due to Vietnam’s specific legal framework. Whether caused by delayed payments, financial instability, or non-cooperative debtors, unresolved debts can significantly impact business revenue and stability. Law firms in … Read More
Navigating debt collection in Vietnam presents unique challenges due to the country’s legal framework that prohibits the registration and operation of debt collection services as a business line. Despite this, businesses must still find ways to recover outstanding debts to maintain cash flow and financial health. The following explores how companies can effectively manage Vietnam … Read More
In the operation of the enterprises, the arising of bad debts could be unavoidable. However, in order to be able to file lawsuit and collect debts and minimize bad debts in practice, there are still many difficulties. Currently, the debt recovery litigation procedures according to the provisions of the law still encounter many challenges and … Read More
During the course and development of any enterprise, encountering bad debts is an inevitable challenge. However, the reality of debt collection practices in Vietnam reveals various difficulties and inefficiencies. While businesses seek more efficient strategies, the current debt collection practices in Vietnam are riddled with legal complications and inadequacies. It’s crucial for businesses to find … Read More
The debt recovery process in Vietnam is challenging as any other countries in Southeast Asia. As Vietnam continues to attract foreign investment due to its rapid growth and strategic location, many businesses face difficulties when dealing with unpaid debts. We need to first agree, each country is different. One can not apply the similar approach in debt … Read More
Debt collection has always been a complex and sensitive process, but in Vietnam, it has become even more challenging due to recent changes in the law. Since early 2021, traditional debt recovery services have been banned in Vietnam, forcing businesses and creditors to rely on alternative means for debt collection. This legislative shift has heightened … Read More
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Email: ant@antlawyers.vn
