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
Articles Discover the Unique Charm of the Ancient Bằng An Tower Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An To… Read More
THE ROAD TO GIENG TROI – A JOURNEY OF TEARS AND TRIUMPH 7 Apr 2025 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 …
Discover the Timeless Beauty of Chien Dan Ancient Towers 7 Apr 2025 Nestled in the heart of Quang Nam province, Chien Dan Towers stand as a majestic symbol of the ancient Champa Kingdom. Located in Chien Dan Village, Tam An Commune, Tam Ky City, these towers are not only historical landmarks but also captivating sites for culture and architecture enthusiasts. A Journey Back to the Champa Era Built between the late 10th …
EXPLORING KHE RAM 6 Apr 2025 “Who travels to Khe Ram Who passes by An Dinh Who returns to Hoi Yen…” Located about 25 kilometers west of Da Nang, Khe Ram is nestled in An Dinh hamlet, Hoa Bac commune, Hoa Vang district. Recently, it’s been featured on several travel websites as an exciting check-in spot for adventure lovers and nature seekers eager to explore the …
CHECK-IN AT DA NANG CATHEDRAL 5 Apr 2025 The Diocese of Da Nang consists of five deaneries: Da Nang, Hoa Vang, Hoi An, Tra Kieu, and Tam Ky, with a total of 51 parish churches. While waiting for the post-Covid period to explore the churches of Quang Nam, I took the opportunity to cycle around and visit all the churches within Da Nang, including 30 parish churches and …
The One-of-a-Kind Bà Rén Pig Market 4 Apr 2025 The seller and the buyer were close friends so the transaction took place very quickly | Photos by Mr. Old Man A Market Like No Other For over 50 years, in a small commune in Quảng Nam province, a market unlike any other has thrived. The Bà Rén Pig Market, located in Quế Xuân 1 commune, Quế Sơn district, is …
EXPLORING THE FRANCO – SPANISH CEMETERY ON SON TRA MOUNTAIN 4 Apr 2025 This morning, I set out on a cycling trip to Tien Sa Port, intending just to ride around before heading back. However, I suddenly recalled a unique historical site nearby and decided to make a stop—the Franco – Spanish Cemetery, which rests against the slopes of Son Tra Mountain, overlooking Da Nang Bay, near the entrance to Tien Sa Port. …
Discover the Unique Charm of the Ancient Bằng An Tower Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An Tower. Located just 27 km from Đà Nẵng, 14 km from the ancient town of Hội An, and only 1.2 km off the national highway, … Read More
CAN DECIMALS ON AN INVOICE AND DRAFT BE ROUNDED ? QUESTION Dear Sir How are you doing? If we show a round off figure of $625,000.00 instead of $ 625,000.05, Will it be a Discrepancy. The calculation is as below. Unit Price: USD 41,666.67 Qty: 15 Total = USD 41,666.67 x 15 = USD 625,000.05 But, if we show $ 625,000.00 in the Invoice and Draft, Will it be a … Read More
WHY TRANSSHIPMENT IS ALLOWED FOR GOODS SHIPPED IN A CONTAINER, TRAILER, OR LASH BARGE QUESTION Hello Sir, I hope you are doing well. Sir, I have a query that I hope you can help me with. Sub-article 20 (c) (ii) of UCP 600 allows transshipment if goods are shipped in a container, trailer, or LASH barge. Why is transshipment permitted in these cases? Regards, Ahtisham Ali ————– ANSWER Hello, In my understanding, it is … Read More
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
Articles Discover the Unique Charm of the Ancient Bằng An Tower Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An To… Read More
Articles Discover the Unique Charm of the Ancient Bằng An Tower Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An To… Read More
Discover the Unique Charm of the Ancient Bằng An Tower Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An Tower. Located just 27 km from Đà Nẵng, 14 km from the ancient town of Hội An, and only 1.2 km off the national highway, … Read More
CAN DECIMALS ON AN INVOICE AND DRAFT BE ROUNDED ? QUESTION Dear Sir How are you doing? If we show a round off figure of $625,000.00 instead of $ 625,000.05, Will it be a Discrepancy. The calculation is as below. Unit Price: USD 41,666.67 Qty: 15 Total = USD 41,666.67 x 15 = USD 625,000.05 But, if we show $ 625,000.00 in the Invoice and Draft, Will it be a … Read More
WHY TRANSSHIPMENT IS ALLOWED FOR GOODS SHIPPED IN A CONTAINER, TRAILER, OR LASH BARGE QUESTION Hello Sir, I hope you are doing well. Sir, I have a query that I hope you can help me with. Sub-article 20 (c) (ii) of UCP 600 allows transshipment if goods are shipped in a container, trailer, or LASH barge. Why is transshipment permitted in these cases? Regards, Ahtisham Ali ————– ANSWER Hello, In my understanding, it is … Read More
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
Articles Discover the Unique Charm of the Ancient Bằng An Tower Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An To… Read More
Articles Discover the Unique Charm of the Ancient Bằng An Tower Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An To… Read More
Articles Discover the Unique Charm of the Ancient Bằng An Tower Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An To… Read More
Articles Discover the Unique Charm of the Ancient Bằng An Tower Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An To… Read More
Discover the Unique Charm of the Ancient Bằng An Tower 15 Apr 2025 Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An Tower. Located just 27 km from Đà Nẵng, 14 km from the ancient town of Hội An, and only 1.2 km off the national highway, …
CAN DECIMALS ON AN INVOICE AND DRAFT BE ROUNDED ? 15 Apr 2025 QUESTION Dear Sir How are you doing? If we show a round off figure of $625,000.00 instead of $ 625,000.05, Will it be a Discrepancy. The calculation is as below. Unit Price: USD 41,666.67 Qty: 15 Total = USD 41,666.67 x 15 = USD 625,000.05 But, if we show $ 625,000.00 in the Invoice and Draft, Will it be a …
WHY TRANSSHIPMENT IS ALLOWED FOR GOODS SHIPPED IN A CONTAINER, TRAILER, OR LASH BARGE 14 Apr 2025 QUESTION Hello Sir, I hope you are doing well. Sir, I have a query that I hope you can help me with. Sub-article 20 (c) (ii) of UCP 600 allows transshipment if goods are shipped in a container, trailer, or LASH barge. Why is transshipment permitted in these cases? Regards, Ahtisham Ali ————– ANSWER Hello, In my understanding, it is …
Một thời để nhớ 14 Apr 2025 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 …
GUIDANCE ON HANDLING A NOMINATED BANK’S DEFAULT 12 Apr 2025 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 …
HANDLING UNIT PRICE CHANGES IN CRUDE OIL L/C AMENDMENTS 11 Apr 2025 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. …
Exploring Ky Anh Tunnels by Bicycle: A Journey Through History 11 Apr 2025 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 …
The Unique Charm of the Da Nang Museum of Cham Sculpture 10 Apr 2025 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 …
WHEN THE NOTIFY PARTY’S ADDRESS DIFFERS FROM THE APPLICANT’S ADDRESS 10 Apr 2025 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 …
World Leaders on Two Wheels: The Politicians Who Love Biking 10 Apr 2025 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, …
Articles Discover the Unique Charm of the Ancient Bằng An Tower Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An To… Read More
Articles Discover the Unique Charm of the Ancient Bằng An Tower Tucked away in the quiet village of Bằng An—now part of Điện An Ward, Điện Bàn Town, Quảng Nam Province—stands one of the few surviving ancient towers of the once-mighty Champa Kingdom: the Bằng An To… Read More