Một thời để nhớ Ngày 30/4/2025 đánh dấu cột mốc 50 năm thành lập Vietcombank Đà Nẵng (30/4/1975 – 30/4/2025) – không chỉ là dấu ấn lịch sử của một chi nhánh đặc biệt, mà còn là dịp ý nghĩa với Mr. Old Man, người đã gắn bó suốt 30 năm cho đến khi nghỉ hưu vào năm 2021. Trong buổi lễ trang trọng … Read More
GUIDANCE ON HANDLING A NOMINATED BANK’S DEFAULT QUESTION Dear Mr. Old Man, I need your guidance in the following scenario: If a Nominated Bank has incurred its deferred payment undertaking or has accepted a draft drawn on it but fails to honour at maturity, then what options does the beneficiary have? Please clarify. Regards, Siva Prasad —— ANSWER Hi Siva, According to UCP 600 sub-article 7 (a) (iii) and … Read More
HANDLING UNIT PRICE CHANGES IN CRUDE OIL L/C AMENDMENTS QUESTION Dear Sir, I hope this message finds you well. I would like to seek your guidance regarding the handling of amendments to a Crude Oil Letter of Credit (L/C). At the time of L/C issuance, we received two proforma invoices indicating a unit price of USD 80.620 per barrel. Subsequently, the customer requested an increase in the L/C amount. … Read More
Exploring Ky Anh Tunnels by Bicycle: A Journey Through History Just 7 kilometers northeast of Tam Ky City and about 75 kilometers from Da Nang via the coastal route lies one of Vietnam’s lesser-known but profoundly significant historical landmarks: the Ky Anh Tunnels. Once part of Ky Anh Commune (now Tam Thang Commune), this site ranks among the three largest tunnel networks in Vietnam, alongside the famous Cu Chi Tunnels … Read More
The Unique Charm of the Da Nang Museum of Cham Sculpture By Mr. Old Man, 10/2021 Located at No. 2, 2-9 Street, Hai Chau District, Da Nang City, the Museum of Cham Sculpture is home to the largest and most comprehensive collection of Cham sculpture in Vietnam. The artifacts on display here represent the artistic heritage of the ancient Champa Kingdom and have been unearthed from various coastal provinces of Central … Read More
WHEN THE NOTIFY PARTY’S ADDRESS DIFFERS FROM THE APPLICANT’S ADDRESS QUESTION Dear Sir, Good day! I have one Doubt. L/C shows Field 50 (Applicant) as below: EAST AFRICAN PHARMACEUTICALS PLC ST. ST. SALITMEHERET CHURCH ROAD, NEAR TO JACROSHOUSING COMPOUND ROBERA COFFEE FACTORY TEL: +251116461456/57 TIN 0000034121 Whereas The AWB Clause shows as below: SIGNED AND STAMPED ORIGINAL AIRWAY BILL PLUS ONE COPY MARKED FREIGHT (PREPAID) ISSUED IN THE NAME OF … Read More
World Leaders on Two Wheels: The Politicians Who Love Biking When you think of world leaders, images of formal suits, summits, and speeches probably come to mind. But behind the podium, some politicians are swapping motorcades for mountain bikes. From American presidents to European monarchs, cycling has long been a favorite pastime of many global figures. Joe Biden: Pedaling Through Politics Joe Biden, the 46th President of the United States, … Read More
CLARIFICATION OF UCP 600 ARTICLE 11 WITH REGARD TO TELETRANSMITTED & PRE-ADVISED LETTERS OF CREDIT & AMENTMENDS QUESTION Hi Mr. Old Man, How are you? Hope this email finds you well. I need your kind support in understanding UCP 600 ARTICLE 11. Please share any case studies or opinions shared by you for this Article. Regards Siva Prasad —- ANSWER Hi Siva, In fact, the provision in Article 11 of UCP 600 is very clear. If you read it carefully, you … Read More
THE STORY BEHIND THE STATUE OF MOTHER ÂU CƠ AT EAST SEA PARK By Mr. Old Man, October 2021 A Mysterious Presence by the Sea Right at the heart of East Sea Park in Đà Nẵng—where Hoàng Sa Street intersects with Phạm Văn Đồng Street—stands a striking white stone sculpture. It depicts two full, round breasts cradling a large egg, mounted on a tall black granite pedestal that rises above head height. Curiously, … Read More
THE ROAD TO GIENG TROI – A JOURNEY OF TEARS AND TRIUMPH By Mr. Old Man Tucked away in the rugged northwest corner of the Ba Na – Nui Chua Nature Reserve, Gieng Troi (literally “The Well of Heaven”) remains one of Da Nang’s best-kept secrets. Its remote location and difficult terrain have kept it largely untouched, preserving its wild, mystical beauty. In recent years, however, it has become a coveted destination … Read More