[null] Please ask: Is it allowed to perform provision of debt collection services in Vietnam? Hope to get an answer. Question from Mr. Tai in Lao Cai.

"> Please ask: Is it allowed to perform provision of debt collection services in Vietnam? Hope to get an answer. Question from Mr. Tai in Lao Cai.

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Is it allowed to perform provision xem bóng đá trực tiếp nhà cái debt collection services in Vietnam?

Please ask: Is it allowed to perform provision xem bóng đá trực tiếp nhà cái debt collection services in Vietnam? Hope to get an answer. Question from Mr. Tai in Lao Cai.

Is hiring a debt collector considered illegal in Vietnam?

Debt collection can be understood as a form or investment business service that collects debts that the debtor persistently refuses to pay. Currently, debt collectors have different debt collection actions, including thuggish actions that affect others.

In Article 6 xem bóng đá trực tiếp nhà cái the Investment Law 2020, there are regulations on debt collection services as follows:

Banned business lines

1. The business investment activities below are banned:

a) Business in narcotic substances specified in Appendix I hereof;

b) Business in chemicals and minerals specified in Appendix II hereof;

c) Business in specimens xem bóng đá trực tiếp nhà cái wild flora and fauna specified in Appendix 1 xem bóng đá trực tiếp nhà cái Convention on International Trade in Endangered Species xem bóng đá trực tiếp nhà cái Wild Fauna and Flora; specimens xem bóng đá trực tiếp nhà cái rare and/or endangered species xem bóng đá trực tiếp nhà cái wild fauna and flora in Group I xem bóng đá trực tiếp nhà cái Appendix III hereof;

d) Prostitution business;

dd) Human trafficking; trade in human tissues, corpses, human organs and human fetuses;

e) Business activities pertaining to asexual human reproduction;

g) Trade in firecrackers.

h) Provision xem bóng đá trực tiếp nhà cái debt collection services.

...

Thus, provision xem bóng đá trực tiếp nhà cái debt collection services is considered a prohibited industry and profession according to the provisions xem bóng đá trực tiếp nhà cái law and violations will be handled according to the provisions xem bóng đá trực tiếp nhà cái law in Vietnam.

In this case, hiring a debt collector will also be considered illegal in Vietnam.

xem bóng đá trực tiếp nhà cái 

Is it allowed to perform provision xem bóng đá trực tiếp nhà cái debt collection services in Vietnam? (Image from the Internet)

Is it allowed to perform provision xem bóng đá trực tiếp nhà cái debt collection services in Vietnam?

Pursuant to Point h, Clause 1, Article 6 xem bóng đá trực tiếp nhà cái the Investment Law 2020, regulations on banned business lines are as follows:

Banned business lines

1. The business investment activities below are banned:

a) Business in narcotic substances specified in Appendix I hereof;

b) Business in chemicals and minerals specified in Appendix II hereof;

c) Business in specimens xem bóng đá trực tiếp nhà cái wild flora and fauna specified in Appendix 1 xem bóng đá trực tiếp nhà cái Convention on International Trade in Endangered Species xem bóng đá trực tiếp nhà cái Wild Fauna and Flora; specimens xem bóng đá trực tiếp nhà cái rare and/or endangered species xem bóng đá trực tiếp nhà cái wild fauna and flora in Group I xem bóng đá trực tiếp nhà cái Appendix III hereof;

d) Prostitution business;

dd) Human trafficking; trade in human tissues, corpses, human organs and human fetuses;

e) Business activities pertaining to asexual human reproduction;

g) Trade in firecrackers.

h) Provision xem bóng đá trực tiếp nhà cái debt collection services.

...

Thus, provision xem bóng đá trực tiếp nhà cái debt collection services belong to a banned business line. Therefore, individuals and organizations are not allowed to do this type xem bóng đá trực tiếp nhà cái business in Vietnam.

What should I do if I want to legally collect debt in Vietnam?

The principle is not to commit acts xem bóng đá trực tiếp nhà cái hooliganism, threats, mental intimidation, illegal arrest, etc. that affect the life, health, honor or dignity xem bóng đá trực tiếp nhà cái people. otherwise, causing public disorder.

If you discover that the debtor has signs xem bóng đá trực tiếp nhà cái fraudulent appropriation xem bóng đá trực tiếp nhà cái property, you can report it to the police for timely handling.

To legally collect debt, debt collectors need to submit a lawsuit to the Court for settlement, the specific steps are as follows:

Step 1: Write a petition and prepare documents.

The content and form xem bóng đá trực tiếp nhà cái the petition are specifically stipulated in Article 189 xem bóng đá trực tiếp nhà cái the 2015 Civil Procedure Code as follows:

A lawsuit petition must include the following principal contents:

a) Date xem bóng đá trực tiếp nhà cái its making;

b) Name xem bóng đá trực tiếp nhà cái the Court receiving the lawsuit petition;

c) Name, place xem bóng đá trực tiếp nhà cái residence, place xem bóng đá trực tiếp nhà cái work xem bóng đá trực tiếp nhà cái the litigator (applicable to litigators being individuals) or head office xem bóng đá trực tiếp nhà cái the litigator (applicable to litigators being agencies/organizations); phone number, fax and e-mail address (if any).

If the parties reach agreement on an address for the Court to contact, such address shall be specified;

d) Name, place xem bóng đá trực tiếp nhà cái residence, place xem bóng đá trực tiếp nhà cái work xem bóng đá trực tiếp nhà cái person whose interests and duties are protected (applicable to individuals) or head office xem bóng đá trực tiếp nhà cái person whose interests and duties are protected (applicable to agencies and organizations); phone number, fax and e-mail address (if any);

dd) Name, place xem bóng đá trực tiếp nhà cái residence, place xem bóng đá trực tiếp nhà cái work xem bóng đá trực tiếp nhà cái the defendant (applicable to individuals) or head office xem bóng đá trực tiếp nhà cái the defendant (applicable to agencies/organizations); phone number, fax and e-mail address (if any). If the place xem bóng đá trực tiếp nhà cái residence, place xem bóng đá trực tiếp nhà cái work or head office xem bóng đá trực tiếp nhà cái the defendant is indefinite, the last place xem bóng đá trực tiếp nhà cái residence, place xem bóng đá trực tiếp nhà cái work or head office xem bóng đá trực tiếp nhà cái the defendant shall be specified;

e) Name, place xem bóng đá trực tiếp nhà cái residence, place xem bóng đá trực tiếp nhà cái work xem bóng đá trực tiếp nhà cái person with relevant interests and duties (applicable to individuals) or head office xem bóng đá trực tiếp nhà cái person with relevant interests and duties (applicable to agencies and organizations); phone number, fax and e-mail address (if any).

If the place xem bóng đá trực tiếp nhà cái residence, place xem bóng đá trực tiếp nhà cái work or head office xem bóng đá trực tiếp nhà cái the person with relevant interests and duties is indefinite, the last place xem bóng đá trực tiếp nhà cái residence, place xem bóng đá trực tiếp nhà cái work or head office xem bóng đá trực tiếp nhà cái the defendant shall be specified;

g) Lawful interests and duties xem bóng đá trực tiếp nhà cái the litigator that are infringed upon; specific matters xem bóng đá trực tiếp nhà cái the defendant, person with relevant interests and duties that are applied for resolution by the Court;

h) Names and addresses xem bóng đá trực tiếp nhà cái witnesses (if any);

i) List xem bóng đá trực tiếp nhà cái documents and/or evidences accompanied with lawsuit petitions.

Step 2: Submit application

Through forms such as: paying directly, sending by post, sending online to the District Court where the borrower lives and works.

Step 3: Court accepts and resolves.

After receiving the petition, if it falls within its jurisdiction, the Court will require the plaintiff to pay an advance on court fees. The Court will then consider and issue a first instance trial.

Thus, to avoid illegal debt collection in Vietnam, lending individuals and organizations must follow the steps, order and procedures prescribed by law as above.

Best regards!

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