QUESTION Dear Mr. Old Man, I seek your guidance on international trade practices concerning drafts in Letters of Credit (LC) transactions: 1. Under what terms of an LC is the presentation of a draft required? 2. Clarification on the role of a Nominated Bank: If an LC is available with Bank A for negotiation, how should the nominated bank be …

Bốn năm trước, trong chuyến đạp xe đến Tam Kỳ để thưởng thức món mít hông trứ danh, tôi có dịp ghé quán của bà Nam. Khi ấy, tôi ngồi trò chuyện cùng bà và các cô con gái về món ăn vặt dân dã của xứ Quảng. Câu chuyện thú vị đến mức, về nhà, tôi còn viết một …

QUESTION Dear Mr. Old Man, I have a question regarding the presentation of documents after the expiration of an LC, as follows: • Date and Place of Expiry: April 18, 2025, in Vietnam • Latest Shipment Date: March 30, 2025 • Estimated Time of Departure: April 21, 2025 Given this schedule, I advised the beneficiary to request an amendment from …

QUESTION Hi Sir, Short question. LC states “Chattogram seaport” as the place of delivery while BL presented states “Chittagong”. Both names are the same in Bangladeshi. Chattogram = Chittagong. Is this a discrepancy? Best regards, Pocholo Jose Lim — ANSWER Hi, Yes, Chittagong and Chattogram are the same. It is explained that Chittagong is officially called “Chattogram” because “Chattogram” is …

Along the celestial road that winds through Hai Van Pass, travelers can pause at various spots to marvel at the majestic pass—once honored by Emperor Minh Mang as “The world’s most majestic pass”. Among these stops, one place stands out: Giant Turtle Rock. About 6 km from the foot of Hai Van Pass, a row of hillside cafés clings precariously …

It was a beautiful day when I set out on an 80 km cycling trip to visit Tra Kieu Parish, one of the oldest parishes in the Vietnamese Catholic Church, established around 1630, shortly after Hoi An Parish. Located 40 km southwest of Da Nang, Tra Kieu Parish, also known as the Tra Kieu Marian Center, is an important pilgrimage …

Riding a bike with friends is fun, but cycling alone amidst vast mountains and forests has its own unique charm—it’s like listening to your inner voice, facing yourself, and understanding who you truly are. Pedaling solo on deserted roads, with not a soul in sight, brings an unusual mix of emotions: a touch of excitement, a hint of melancholy, a …

Golden sunlight spills across The Don Ca Bridge’s timeless arch, Its classic curve draped in moss— A patina of days long passed. Along the legendary Hai Van Pass, you might casually glimpse, tucked beneath the northern foothills where the pass meets the sea, a classic-style bridge built by the French over a hundred years ago—the Don Ca Arch Bridge. Situated …

ENJOYING TẾT IN TÂY GIANG* On Tet morning, I woke up beside a long-extinguished stove, and through the window, darkness still reigned except for a faint light from the small electric lamp atop the flagpole at Pơloong Plênh’s house. The incessant chorus of croaking frogs filled the air. Last night, two of my companions had been drinking with some Cơtu …

More than 50 years have passed since the Americans withdrew from Monkey Mountain (the Son Tra Peninsula, Da Nang, Vietnam). The landscape has changed dramatically, and hardly anyone remembers Boom Boom Rock anymore—or if they do, they assume it no longer exists. Yet, Boom Boom Rock still stands there in perfect condition, hidden amid dense foliage, as if silently waiting …