Navigating the Legal Landscape in the Absence of Debt Collection Agencies in Vietnam

In the unique financial landscape of Vietnam, where the establishment of debt collection agencies is not permissible by law, navigating debt recovery poses a significant challenge. The absence of debt collection agencies in Vietnam has led businesses and financial institutions to seek alternative methods for managing and recovering debts. Understanding these alternatives is crucial in a country where traditional debt collection agencies in Vietnam are not an option. The Regulatory Context of Debt Collection Agencies in Vietnam Vietnam’s leg…