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Notice on mortgage over receivables in Vietnam

Vietnam - May 31 2022 Mortgage over receivables (thế chấp khoản phải thu) is a very common type of mortgage in Vietnam. Article 33 of Decree 21/2021 provides that a…

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

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

New guidance on foreclosure of shares and other securities registered with the Vietnam Securities Depository

Vietnam - November 1 2020 On 26 August 2020, the Vietnam Securities Depository (VSD) issued Decision 154/QD-VSD (Decision 154/2020) to allow a lender who has taken a mortgage…

Nguyen Quang Vu

The Vietnam Supreme Court’s opinion on unauthorised corporate loans

Vietnam - April 30 2020 In September 2019, the Supreme Court has given an important opinion to lower courts about how to deal with a loan agreement by a borrower who has…

Nguyen Quang Vu