Mr Old Man PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B) QUESTION Dear Mr. Old Man, LC does not allow partial shipments. Documents were presented to the issuing bank in two separate covering schedules. The first set reached the issuing bank’s counter on 5 O… Read More
Mr Old Man Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about t… Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
Ngân hàng đổ bộ vào VIFC… Ăn cỗ đi trước? 29 Apr 2026 Sáng nay, ở quán cà phê quen, có hai ông già ngồi tán chuyện ngân hàng đổ bộ vào Trung tâm Tài chính Quốc tế Việt Nam (VIFC)… nghe cũng vui. – Này, ông đọc báo chưa? Ngân hàng kéo nhau vào VIFC đông như đi hội. – Rồi. Nhìn cứ như sắp khai trương một cái… chợ tài chính. …
Làm mới nhận diện… nhưng đừng đánh mất bản sắc văn hóa 29 Apr 2026 Sáng nay cà phê lướt Facebook, đọc cái tút “Ký ức của tổ chức” của anh bạn — hiện là giám đốc FI của một ngân hàng — Mr. Old Man cũng “ủ mưu” viết vài dòng. Anh ấy viết rằng gần đây nhiều ngân hàng làm mới nhận diện, cải tổ rất mạnh theo hướng gần như “làm lại …
Tambridge University 27 Apr 2026 Nhân đọc bài “Tam Kỳ – từ ‘kì lắm’ đến kì diệu?”, một anh bạn đồng nghiệp cũ, vốn dạy tiếng Anh, đùa: “Mơ mộng một tí… hay là xây Tam Kỳ thành phố Đại học đi. Biết đâu thành một Oxbridge Việt Nam!” Mr. Old Man xin phép chỉnh nhẹ: Tambridge chớ Nghe cũng hay. Nhưng chắc phải tính …
Tam Kỳ – từ “kì lắm” đến kì diệu? 26 Apr 2026 Sáng nay thấy một tấm ảnh chụp Tam Kỳ từ trên cao, có người nói thành phố đang trong giai đoạn “quá độ”. Lại có người đề xuất một ý khá thú vị: Tam Kỳ – thành phố đáng sống khi về già. Ngồi cà phê, tự nhiên thấy… cũng đáng để nghĩ một chút. Hồi còn là thủ phủ …
Trả lại sông Hàn: không chỉ là chuyện bờ kè 25 Apr 2026 Báo VnExpress vừa có bài về hội thảo “Thúc đẩy chuyển đổi xanh hướng tới thành phố sinh thái và thông minh”. Tại đây, có chuyên gia đề xuất ý tưởng tháo kè cứng, trả lại không gian cho sông Hàn. Nghe thì rất hay — nhưng nghĩ kỹ lại, Mr. Old Man thấy hơi xa thực tế. Một đô …
An SBLC, a Template… and That Familiar Smell 25 Apr 2026 In today’s case, we look at a question about standby letters of credit (SBLCs)—a legitimate instrument in trade finance, but one that is often misused in questionable transactions, especially in commodity deals involving intermediaries. When an SBLC appears early in a deal, supported by “professional-looking” templates, it sometimes deserves a second, more careful look. QUESTION Dear Mr. Old Man, Sincere …
Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about two common concerns in timber imports from Africa: whether the L/C expiry date must be linked to the shipping transit time, and whether removing the word “Clean” from “Clean On … Read More
Does Field 39A Cover Quantity Tolerance? A reader recently sent Mr. Old Man an interesting question about quantity tolerance under an L/C. The issue sounds simple at first glance, but in practice it often creates confusion between sales contract terms, the wording of the credit, and the application of UCP 600 Article 30. Here is the question and discussion. Question Dear Mr. Old Man, I would … Read More
CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT? One area that occasionally causes confusion under UCP 600 is the relationship between Article 18(b) and Article 30(a). Many practitioners assume that a commercial invoice may exceed the LC amount only where the credit expressly allows a tolerance, or where the words “about” or “approximately” are used in connection with the credit amount under Article 30(a). However, Article 18(b) provides … Read More
Đừng để “ngoại ngữ” thành… “ngại ngữ” Hôm nay một bạn hiện đang định cư ở Mỹ đăng tút khoe đang tập nói tiếng Anh. Bạn lớn tuổi rồi mới bắt đầu học nói nên giọng còn ngọng nghịu, nghe chưa rõ lắm. Nhưng Mr. Old Man thấy vậy lại quý. Ở tuổi đó mà vẫn chịu khó mở miệng học cái mới đã đáng nể rồi. … Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM? Lading (CPBL), and freight notations on the bill of lading. If a credit is issued under CFR terms, should the bill of lading necessarily indicate “Freight Prepaid”? And if the LC instead requires “Freight Payable as per Charter Party”, would that create a discrepancy or inconsistency with the stated Incoterm? This Q&A discusses the difference between documentary compliance under UCP … Read More
GROWING OLD: WHO WILL TAKE CARE OF US? Mr. Old Man occasionally reads the Perspective section on VNExpress and genuinely enjoys it. True to its name, Perspective is often not a playground for professional journalists, but a place where people who have spent years bumping into life share their experiences, observations, and thoughts. Today, Mr. Old Man read an article titled “When We Grow Old, Who Will Support … Read More
American Retirement, Vietnamese Retirement While enjoying a morning coffee and checking emails, Mr. Old Man came across a post on Quora. A Western lady was sharing what a typical day looked like for her newly retired husband. What surprised Mr. Old Man was that the post contained no profound philosophy or life-changing wisdom. It simply described an ordinary day: exercising in the morning, having … Read More
If Only a U70 Brain Had an “Upgrade Storage” Button One morning over coffee, Mr. Old Man opened the Notes app on his phone, intending to write about something brilliant. He unlocked the phone. Opened the Notes app. Then… just stared at the screen. Completely forgot what he had wanted to write. Many people in their sixties or seventies probably know that feeling well. Before opening the phone, ideas are … Read More
Want Stability? Build Your Own Home Today, Facebook reminded me of something that happened 17 years ago. A reader asked where Mr. Old Man was “moving” to. Well, the house in question wasn’t a real one. It was an online home. About 20 years ago, when Yahoo 360 was launched, Mr. Old Man enthusiastically built a little corner on the Internet to share articles and Q&As … Read More
Muốn an cư thì phải có nhà… Hôm nay Facebook nhắc lại chuyện 17 năm trước, một bạn đọc hỏi Mr. Old Man đang “chuyển nhà mới” đi đâu. He he, nhà ở đây là nhà trên mạng chứ không phải nhà ngoài đời. Khoảng 20 năm trước, khi Yahoo 360 ra mắt, Mr. Old Man cũng hí hửng dựng một căn nhà nhỏ để đăng các … Read More
Mr Old Man Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about t… Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
Mr Old Man Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about t… Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about two common concerns in timber imports from Africa: whether the L/C expiry date must be linked to the shipping transit time, and whether removing the word “Clean” from “Clean On … Read More
Does Field 39A Cover Quantity Tolerance? A reader recently sent Mr. Old Man an interesting question about quantity tolerance under an L/C. The issue sounds simple at first glance, but in practice it often creates confusion between sales contract terms, the wording of the credit, and the application of UCP 600 Article 30. Here is the question and discussion. Question Dear Mr. Old Man, I would … Read More
CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT? One area that occasionally causes confusion under UCP 600 is the relationship between Article 18(b) and Article 30(a). Many practitioners assume that a commercial invoice may exceed the LC amount only where the credit expressly allows a tolerance, or where the words “about” or “approximately” are used in connection with the credit amount under Article 30(a). However, Article 18(b) provides … Read More
Đừng để “ngoại ngữ” thành… “ngại ngữ” Hôm nay một bạn hiện đang định cư ở Mỹ đăng tút khoe đang tập nói tiếng Anh. Bạn lớn tuổi rồi mới bắt đầu học nói nên giọng còn ngọng nghịu, nghe chưa rõ lắm. Nhưng Mr. Old Man thấy vậy lại quý. Ở tuổi đó mà vẫn chịu khó mở miệng học cái mới đã đáng nể rồi. … Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM? Lading (CPBL), and freight notations on the bill of lading. If a credit is issued under CFR terms, should the bill of lading necessarily indicate “Freight Prepaid”? And if the LC instead requires “Freight Payable as per Charter Party”, would that create a discrepancy or inconsistency with the stated Incoterm? This Q&A discusses the difference between documentary compliance under UCP … Read More
GROWING OLD: WHO WILL TAKE CARE OF US? Mr. Old Man occasionally reads the Perspective section on VNExpress and genuinely enjoys it. True to its name, Perspective is often not a playground for professional journalists, but a place where people who have spent years bumping into life share their experiences, observations, and thoughts. Today, Mr. Old Man read an article titled “When We Grow Old, Who Will Support … Read More
American Retirement, Vietnamese Retirement While enjoying a morning coffee and checking emails, Mr. Old Man came across a post on Quora. A Western lady was sharing what a typical day looked like for her newly retired husband. What surprised Mr. Old Man was that the post contained no profound philosophy or life-changing wisdom. It simply described an ordinary day: exercising in the morning, having … Read More
If Only a U70 Brain Had an “Upgrade Storage” Button One morning over coffee, Mr. Old Man opened the Notes app on his phone, intending to write about something brilliant. He unlocked the phone. Opened the Notes app. Then… just stared at the screen. Completely forgot what he had wanted to write. Many people in their sixties or seventies probably know that feeling well. Before opening the phone, ideas are … Read More
Want Stability? Build Your Own Home Today, Facebook reminded me of something that happened 17 years ago. A reader asked where Mr. Old Man was “moving” to. Well, the house in question wasn’t a real one. It was an online home. About 20 years ago, when Yahoo 360 was launched, Mr. Old Man enthusiastically built a little corner on the Internet to share articles and Q&As … Read More
Muốn an cư thì phải có nhà… Hôm nay Facebook nhắc lại chuyện 17 năm trước, một bạn đọc hỏi Mr. Old Man đang “chuyển nhà mới” đi đâu. He he, nhà ở đây là nhà trên mạng chứ không phải nhà ngoài đời. Khoảng 20 năm trước, khi Yahoo 360 ra mắt, Mr. Old Man cũng hí hửng dựng một căn nhà nhỏ để đăng các … Read More
Mr Old Man Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about t… Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
Mr Old Man Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about t… Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
Mr Old Man Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about t… Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
Mr Old Man Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about t… Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? 3 Jun 2026 In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about two common concerns in timber imports from Africa: whether the L/C expiry date must be linked to the shipping transit time, and whether removing the word “Clean” from “Clean On …
Does Field 39A Cover Quantity Tolerance? 3 Jun 2026 A reader recently sent Mr. Old Man an interesting question about quantity tolerance under an L/C. The issue sounds simple at first glance, but in practice it often creates confusion between sales contract terms, the wording of the credit, and the application of UCP 600 Article 30. Here is the question and discussion. Question Dear Mr. Old Man, I would …
CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT? 3 Jun 2026 One area that occasionally causes confusion under UCP 600 is the relationship between Article 18(b) and Article 30(a). Many practitioners assume that a commercial invoice may exceed the LC amount only where the credit expressly allows a tolerance, or where the words “about” or “approximately” are used in connection with the credit amount under Article 30(a). However, Article 18(b) provides …
Đừng để “ngoại ngữ” thành… “ngại ngữ” 3 Jun 2026 Hôm nay một bạn hiện đang định cư ở Mỹ đăng tút khoe đang tập nói tiếng Anh. Bạn lớn tuổi rồi mới bắt đầu học nói nên giọng còn ngọng nghịu, nghe chưa rõ lắm. Nhưng Mr. Old Man thấy vậy lại quý. Ở tuổi đó mà vẫn chịu khó mở miệng học cái mới đã đáng nể rồi. …
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM? 3 Jun 2026 Lading (CPBL), and freight notations on the bill of lading. If a credit is issued under CFR terms, should the bill of lading necessarily indicate “Freight Prepaid”? And if the LC instead requires “Freight Payable as per Charter Party”, would that create a discrepancy or inconsistency with the stated Incoterm? This Q&A discusses the difference between documentary compliance under UCP …
GROWING OLD: WHO WILL TAKE CARE OF US? 2 Jun 2026 Mr. Old Man occasionally reads the Perspective section on VNExpress and genuinely enjoys it. True to its name, Perspective is often not a playground for professional journalists, but a place where people who have spent years bumping into life share their experiences, observations, and thoughts. Today, Mr. Old Man read an article titled “When We Grow Old, Who Will Support …
American Retirement, Vietnamese Retirement 2 Jun 2026 While enjoying a morning coffee and checking emails, Mr. Old Man came across a post on Quora. A Western lady was sharing what a typical day looked like for her newly retired husband. What surprised Mr. Old Man was that the post contained no profound philosophy or life-changing wisdom. It simply described an ordinary day: exercising in the morning, having …
If Only a U70 Brain Had an “Upgrade Storage” Button 2 Jun 2026 One morning over coffee, Mr. Old Man opened the Notes app on his phone, intending to write about something brilliant. He unlocked the phone. Opened the Notes app. Then… just stared at the screen. Completely forgot what he had wanted to write. Many people in their sixties or seventies probably know that feeling well. Before opening the phone, ideas are …
Want Stability? Build Your Own Home 1 Jun 2026 Today, Facebook reminded me of something that happened 17 years ago. A reader asked where Mr. Old Man was “moving” to. Well, the house in question wasn’t a real one. It was an online home. About 20 years ago, when Yahoo 360 was launched, Mr. Old Man enthusiastically built a little corner on the Internet to share articles and Q&As …
Muốn an cư thì phải có nhà… 1 Jun 2026 Hôm nay Facebook nhắc lại chuyện 17 năm trước, một bạn đọc hỏi Mr. Old Man đang “chuyển nhà mới” đi đâu. He he, nhà ở đây là nhà trên mạng chứ không phải nhà ngoài đời. Khoảng 20 năm trước, khi Yahoo 360 ra mắt, Mr. Old Man cũng hí hửng dựng một căn nhà nhỏ để đăng các …
Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
Mr Old Man Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about t… Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
Mr Old Man Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading? In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about t… Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?
Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?