Mr. Old Man vẫn “lần lữa” với Nỗi buồn chiến tranh Mặc dù đã hứa là về nhà sẽ đọc ngay, nhưng từ hôm viết cái review hành lang “Nỗi buồn chiến tranh” ở quán Traditional Café tới giờ, Mr. Old Man mới chỉ cầm cuốn sách lên ngắm nghía rồi lại đặt xuống, chưa mở nổi trang đầu. Một bạn trẻ đọc review đã để lại comment: “Chú ơi, cháu … Read More
Negotiation with Recourse vs. Negotiation without Recourse — What’s the Real Difference? Introduction In export financing, the terms with recourse and without recourse often cause confusion, especially when applied to negotiation under LCs or discounting of drafts under collections. Although both methods provide early funding to exporters, the underlying risk allocation—and therefore the pricing and discounting ratios—are very different. Below is Mr. Old Man’s explanation to a reader who asked why banks … Read More
Applicant vs. Consignee on a Certificate of Origin — Does It Matter? A Practical Q&A with Mr. Old Man In documentary credit work, applicants, consignees, and importers often end up being the same party, yet the terminology on document templates is rarely consistent. A common question is: If the LC asks for the “Applicant,” but the COO form only provides space for the “Consignee,” will banks treat that as a discrepancy? Let’s … Read More
MORNING COFFEE REVIEW — THE SORROW OF WAR MORNING COFFEE REVIEW — THE SORROW OF WAR The Ministry of Culture, Sports and Tourism of Vietnam has just honored 50 outstanding literary and artistic works produced after national reunification — and among them is The Sorrow of War by Bảo Ninh. The recognition immediately sparked two streams of public opinion: the majority believes the novel fully deserves the honor, … Read More
CÀ PHÊ SÁNG REVIEW NỖI BUỒN CHIẾN TRANH CÀ PHÊ SÁNG REVIEW NỖI BUỒN CHIẾN TRANH Bộ VH-TT-DL vừa tổ chức lễ vinh danh 50 tác phẩm văn học, nghệ thuật tiêu biểu sau ngày đất nước thống nhất, trong đó có Nỗi buồn chiến tranh của nhà văn Bảo Ninh. Việc tôn vinh này ngay lập tức tạo nên hai luồng dư luận: đa số cho rằng … Read More
When a Confirming Bank Adds Its Own Sanctions Clause — Is It Allowed? Introduction Sanctions clauses continue to create operational challenges in documentary credit practice, especially when multiple banks apply different compliance standards. A common problem arises when the confirming bank adds its own sanctions requirement, even though the issuing bank has already inserted a sanctions clause in the LC. In this Q&A, we look at a real case involving an LC issued … Read More
CIF Breakdown and “Irrespective of Percentage” – Two Common LC Questions In today’s LC practice, two issues appear repeatedly and often cause confusion for both exporters and bankers. The first is whether an invoice under CIF or CFR must show a cost breakdown, especially the insurance premium. Many presentations include partial breakdowns—or even show freight as zero—raising the question of whether such invoices are compliant when the LC itself is silent. … Read More
Thú vui đạp xe một mình Thú vui đạp xe một mình Sáng nay, Mr. Old Man lại đạp một vòng quanh phố kiếm đủ 20 cây, vẫn chưa hoàn thành KPI khiêm tốn — 2.000 km cho năm 2025. Như một thói quen thường lệ , trên đường về lại ghé quán cà phê quen, gọi ly đen đá không đường, rồi ngồi ung dung … Read More
Pickleball: Sour by name, but the stories are even sourer! Everyone knows “pickle” in English means something sour: pickled cucumbers, mango pickle, and so on. But “pickle” also has a figurative meaning: in a pickle — stuck in a dilemma; to be in a sad pickle — in a truly awkward, messy situation. So how on earth did this hybrid sport — half tennis, half badminton, half ping-pong — end … Read More
Pickleball: Món chua, nhưng câu chuyện còn chua hơn!!! “Pickle” trong tiếng Anh thì ai cũng biết là đồ muối chua: pickled cucumbers – dưa chuột muối, mango pickle – xoài ngâm… Nhưng “pickle” còn có nghĩa bóng: in a pickle – rơi vào thế bí, to be in a sad pickle – lâm vào cảnh éo le. Thế mà không hiểu sao cái môn thể thao pha trộn … Read More