Nguyen Hoang Duy

Venture North Law

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Potential loss of priority upon re-registration of security interest over listed securities with Vietnam Securities Depository

Vietnam - October 30 2021 From 1 January 2021, Decree 155/2020 requires securities interests (e.g., a mortgage) over listed securities to be registered with the Vietnam…

Nguyen Quang Vu

Regulations governing debt sale and purchase business activity

Vietnam - July 30 2021 Currently, the debt sale and purchase activity of entities not being credit institutions is no longer a conditional business activity. Specifically…

Hoang Thi Thanh Thuy

Difference between right to recourse in factoring and right to cancel debt sale & purchase agreement upon occurence of events of default

Vietnam - July 30 2021 A is a debt trading company (Debt Purchaser). 1.2. B (Debt Seller) is a party that sells goods to the buyers (Goods Buyer) under a goods sale and…

Hoang Thi Thanh Thuy

New Decree On Security Interest In Vietnam

Vietnam - June 30 2021 On 19 March 2021, the Government has issued Decree 21 guiding the Civil Code on obligation performance security (Decree 21/2021). Decree 21/2021…

Nguyen Quang Vu

Can the secured party in a secured transaction be different from the obligee under Vietnamese law?

Vietnam - May 31 2021 Under Vietnamese law, it is a common understanding that the obligee (e.g, the lender) must be the secured party (e.g., the mortgagee) in a secured…

Nguyen Quang Vu