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
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
In Vietnam’s evolving socio-economic landscape, debt trading contracts have become increasingly significant. Recognizing debts as tradeable commodities, the legal system in Vietnam allows for the transfer of debt through debt trading contracts. However, for these debt trading contracts to be legally binding and effective in enforcing rights and obligations, it’s imperative to understand and adhere … 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
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Email: ant@antlawyers.vn
