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Invoice financing: A cashflow management alternative
Invoice financing, which allows sellers to obtain funds against the security of invoices drawn on their buyers, is at its core a short-term cashflow management tool.
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Letters of Credit: The traditional solution to secure payment (Part 2/6)
Letters of Credit (LCs) have long been a preferred risk management tool, favoured for their ability to provide security to both buyer and seller.
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Credit risk management instruments driving trade around the world (Part 1/6)
Globalisation has brought growing competition to world trade and with it a need to take down barriers to win new customers. As a result, companies are increasingly choosing to trade on an open account basis.
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DECREE NO. 13/2023/ND-CP ON PERSONAL DATA PROTECTION
On 17 April 2023, the Government has officially issued Decree No. 13/2023/ND-CP on Personal data protection. The issuance of this Decree after years of discussion has caught the utmost attention of companies relating to the processing of personal data in Vietnam.
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