Banking and Finance Dispute Lawyer in Vietnam

Vietnam State Bank Guides Intermediary Payment Services under Circular 23

In recent years, digital wallet have been a trend in fintech because of the competitive development from the foreign investors to banks in Vietnam or of large technology companies and corporations which are also gradually entering the financial technology market to challenge the conventional banking in Vietnam. In a nutshell, digital wallet, also known as … Read More

Banking and Finance dispute Lawyer in Vietnam

Banking and Finance in Vietnam

Banking and finance sector always attract investors as the growth of financial services in a growing economy. Our banking and finance lawyers in Vietnam constantly monitor the changes of the Vietnam regulations to update our client and provide them with best service. Banking system in Vietnam has been organized according to the traditional model in … Read More

What Must Be Included in the Bank Guarantee Letter in Vietnam

What Must Be Included in the Bank Guarantee Letter?

The guarantee commitment must include the following contents: a) Applicable regulations; b) Serial numbers and guarantee commitment form; c) Information about parties in the guarantee relationship; d) Date of guarantee issuance, guarantee validity commencement and/or cases in which the guarantee validity begins; dd) Date of validity termination and/or cases in which the guarantee validity is … Read More

What are Application Dossiers to Apply for Bank Guarantee in Vietnam

What are Application Dossiers to Apply for Bank Guarantee?

According to Vietnam Law on Credit Institution, and Circular 07/2015/TT-NHNN, the application dossiers for bank guarantee are: a) Written request for guarantee;b) Materials related to customers;c) Materials on guaranteed obligations;d) Materials on security (if any);dd) Materials related to other parties (if any). How ANT Lawyers Could Help Your Business? The changes of laws will be … Read More

What are Rights and Obligations of the Obligee?

The rights and obligations of the obligee are as following: Rights of the obligee: a) Request the guarantor, the guarantee-confirmation issuing party to fulfill guarantee obligations; b) Request the guarantor, the guarantee-confirmation issuing party to fulfill obligations and liabilities agreed upon in the guarantee commitment; c) File a lawsuit in accordance with laws if the … Read More

Bank Guarantee in Vietnam

What is Bank Guarantee Letter?

According to Vietnam Law on Credit Institution, and Circular 07/2015/TT-NHNN on bank guarantee, bank guaranteeĀ refers to a type of credit whereby the guarantor undertakes to act on behalf of the obligor to fulfill their financial obligations to the obligee in the event the obligor fails to fulfill or insufficiently fulfill their agreed-upon obligations to the … Read More

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We are available at offices in central of Hanoi, Ho Chi Minh City and Da Nang that help cover through out Vietnam.

Tel: +84 24 730 86 529
Email: ant@antlawyers.vn