Lending activities always carry numerous risks due to various reasons, such as borrowers failing to repay, repaying incompletely or late, or losing the ability to pay. To mitigate these risks, lenders often require borrowers to implement security measures such as...
Life insurance is a product of insurance companies, established through life insurance contracts with clear benefits and terms to protect participants from health events or physical and life risks. Therefore, many people have been purchasing life insurance in various...
In the context of Vietnam’s economy, deducting employees’ wages is a contentious issue, especially when considering its legality and fairness. However, the question remains whether wage deduction is a reasonable and fair method for both parties. In this article,...
The land use rights mortgage contract is one of the most common methods that the borrower chooses to mortgage their land use rights as collateral to borrow credit from the bank. In practice, there are many disputes arising from the non-performance of the borrower with...
In the current market economy, it is not uncommon for a business to initiate bankruptcy proceedings when they are unable to repay the debts. When a debtor falls into bankruptcy, the rights of creditors are often threatened. To protect these rights, Vietnamese law...