Trade Financing In Vietnam

Trade finance has increased the importance of secured lending. There is a clear understanding of the variety of assets that can be used as security. Using dynamic assets such as accounts receivable and inventory as security is common. The increase in trade and the growing sophistication of the law have propelled change. Moreover, with trade has come the need to adhere not only to Vietnamese legal and commercial practices, but also to international practices. Clearly, security agreements fashioned in Vietnam are closer to international norms.

This article discusses the use of a company's assets such as receivables and inventory as collateral to finance trade.

Secured transactions