Abstract

Proprietary rights in general and contractual proprietary rights in particular are one type of property, therefore, can be used as collateral for mortgage in accordance with Vietnamese civil law. China, an Asian country with close geographical location and similar social and cultural background, has developed a comprehensive legal framework regulating secured transactions based on this particular type of property. A selective study of China’s legal experience, hence, is extremely important and valuable in order to render some appropriate recommendations for the improvement of the legal system governing security devices using contractual proprietary rights as collateral.

Keywords: Contractual proprietary rights, secured transaction, mortgage, receivables.