Why is banks’ credit activities potential risk of bad debt

Why is banks’ credit activities potential risk of bad debt

Following the current trend of globalization, many forms of lending by banks have become easier for customers. With only some basic personal documents, an individual customer is also eligible to be granted a credit card with a limit of up to tens to hundreds of...
Happy Lunar New Year!

Happy Lunar New Year!

Dear Clients and Partners, TNTP International Law Firm and Associates (“TNTP”) announces the following Lunar New Year holiday schedule: Friday, January 20, 2023 to Sunday, January 29, 2023. Joining the atmosphere to welcome The Spring of Quy Mao in 2023, TNTP would...
Cases the Arbitration Agreement is invalid

Cases the Arbitration Agreement is invalid

In Sale and Purchase Contracts, Principal Contracts, etc., the dispute settlement clause can be stated as “in case the dispute cannot be resolved by negotiation, one of the parties can settle the dispute at Arbitration”. This Agreement is known as the Arbitration...
Distinguishing the relationship between fines for violations and compensations for damages in the 2015 Civil Code and the 2005 Commercial Law

Distinguishing the relationship between fines for violations and compensations for damages in the 2015 Civil Code and the 2005 Commercial Law

Fines for violations and compensations for damages are two sanctions mainly applied to the violating party. Due to the different application subjects, there are some differences between fines for violations and compensations for damages in the 2015 Civil Code (“CC”)...