With a client base that includes a broad range of multinational financial institutions, Frasers Law Company advises both lenders and borrowers on a wide variety of banking transactions, and has particular expertise in project finance matters, especially in the power and energy sectors. The group regularly assists clients on the refinancing and restructuring of existing loans, as well as on the financing of a range of infrastructure of industrial projects. The group is co-led from Ho Chi Minh City by Mark Fraser and Ho Thuy Ngoc Tram, both of whom have extensive expertise in banking and finance matters.
Banking and finance in Vietnam
Frasers Law Company
Responsables de la pratique:
Mark Fraser; Ho Thuy Ngoc Tram
Les références
‘The team is very down to earth and always provide timely, practical advice.’
‘On an on-going basis, the firm will organise talks to update of the current laws and regulations which is relevant in order to keep abreast with the changing laws and regulations.’
‘Mark Fraser is attentive and responsive.’
Principaux clients
Asian Development Bank
Japan Bank for International Cooperation; Korean Exim Bank
PTT Public Company Limited
Sojitz Corporation
Timo Vietnam Joint Stock Company
Lineage Logistics
Truong Thanh Energy JS Company
Nord Anglia Education
Gogox Vietnam
VILAF
VILAF has an expert group advising on a broad range of cross-border financing transactions in Vietnam. Working across a wide array of sectors, the team is especially knowledgeable in matters involving traditional and renewable power projects, water treatment projects, transmission line projects, Airbus aircrafts, highway construction and expansions of telecoms networks. The group is co-headed by the ‘knowledgeable’ Duyen Vo in Ho Chi Minh City who is experienced in a wide range of complex projects, and Hung Nguyen in Hanoi who is a seasoned commercial and banking lawyer. Also in Hanoi, other key figures in the team include Phong Tran, who has specialist knowledge in the energy and aviation sectors, Anh Dang who specialises in financial and corporate law, and Trung Vu who has broad expertise in banking and financing matters.
Responsables de la pratique:
Duyen Vo; Hung Nguyen
Autres avocats clés:
Phong Tran; Anh Dang; Trung Vu
Les références
‘A solid and deep bench.’
‘Duyen Vo is my go-to. She is very responsive and knowledgeable.’
‘Solutions-based representation with actionable advice from a local perspective.’
Principaux clients
Impact Energy Asia Development Limited (IEAD)
PetroVietnam Power Corporation (PVP)
Union Bank of Taiwan Co., Ltd (UBOT)
OPEC Fund for International Development
Sumitomo Mitsui Banking Corporation and International Finance Corporation
Citigroup
Maybank
Principaux dossiers
- Advised Citigroup in the sale of its Vietnam retail banking business to United Overseas Bank (Vietnam) Limited (UOBV), which is part of Citigroup’s US$5 billion strategic transaction with UOB covering Vietnam, Malaysia, Indonesia and Thailand.
- Advised Impact Energy Asia Development Limited and Monsoon Wind Power Company Limited in relation to the PPA and financing of a 600MW Wind Power project in Lao to sell electricity from Laos to EVN, which is the first project financing of its type.
YKVN
Praised for its ‘impressive depth of knowledge in banking and finance law', YKVN advises local and international financial institutions and banks on a broad range of banking transactions and financing. The group is described as a ‘go-to firm for the difficult deals', and has particular expertise in mandates involving corporate finance, project finance, asset finance, bank M&A, restructuring, bancassurance, derivatives and regulatory advice. Practice head Truong Nhat Quang in Ho Chi Minh City is a highly sought after international banking and finance specialist. Also in Ho Chi Minh City, Nguyen Van Hai has extensive experience with banking-related transactions, and Nguyen Thu Hang advises on banking regulatory aspects and financing transactions. The group also includes Vu Dieu Huyen in Hanoi who is an expert in the energy sector, especially in the renewables space. Other key figures include Duong Thu Ha in Hanoi and Vu Dzung in Ho Chi Minh City.
Responsables de la pratique:
Truong Nhat Quang
Autres avocats clés:
Nguyen Van Hai; Nguyen Thu Hang; Vu Dieu Huyen; Duong Thu Ha; Vu Dzung
Les références
‘The group answers questions with clarity and patience.’
‘YKVN’s lawyers possess an impressive depth of knowledge in banking and finance law. Their ability to navigate complex regulatory landscapes, advise on lending transactions, and ensure compliance with consumer protection laws is truly commendable.’
‘From regulatory compliance to structuring complex transactions, Truong Nhat Quang and Nguyen Van Hai have consistently demonstrated a deep understanding of the intricacies. Their ability to untangle legal knots is nothing short of remarkable.’
Principaux clients
Citibank
Export-Import Bank of Korea (KEXIM)
Export-Import Bank of Thailand
Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank)
Industrial and Commercial Bank of Vietnam (Vietinbank)
Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank)
Military Joint Stock Commercial Bank (MB Bank)
Saigon – Hanoi Commercial Joint Stock Bank (SHB)
Vietnam Bank for Agriculture and Rural Development (Agribank)
Vietnam Prosperity Joint Stock Commercial Bank (VPBank)
Allens
With particular expertise in multi-jurisdictional financing deals, Allens has a highly seasoned team handling a range of complex banking and finance matters. The group is especially knowledgeable in mandates relating to project financings, cross-border corporate work, structured and acquisition financings, including hybrid instruments issues such as convertible debt. The group is overseen by Linh Bui in Ho Chi Minh City who specialises in M&A, corporate and commercial law, as well as banking and finance, Giles Cooper in Hanoi who has extensive experience with finance and project transactions, especially in the renewable energy and infrastructure sectors, and Ngoc Anh Tran in Ho Chi Minh City who specialises in structured transactions.
Responsables de la pratique:
Linh Bui; Giles Cooper; Ngoc Anh Tran
Les références
‘They are very knowledgeable and able to deal with difficult issues.’
‘Ngoc Anh Tran and Lin Bui are very good lawyers. They take a very considered and well thought through position.’
Principaux clients
International Finance Corporation (IFC) and Asian Infrastructure Investment Bank (AIIB)
International banks including BNP Paribas, Credit Suisse, HSBC, Standard Chartered Bank, United Overseas Bank, and UBS AG
HSBC and UBS AG
Deutsche Bank AG
Deutsche Bank AG, HSBC and Credit Suisse
JPMorgan Chase & Co.
Bangkok Bank Public Company Limited (BBL)
Kasikornbank Public Company Limited (KBank)
Taipei Fubon Commercial Bank Co., Ltd. and CTBC Bank Co., Ltd.
Credit Suisse UBS AG
Deutsche Bank AG
International Finance Corporation (IFC)
Cathay United Bank (CUB)
Hong Kong Shanghai Banking Corporation (HSBC)
Baker McKenzie
Baker McKenzie advises a broad range of multi-jurisdictional lenders and borrowers, such commercial, merchant and investment banks, dealers and financial intermediaries, funds and insurance companies, on a broad range of banking and finance matters. Praised for its ‘strong sense of commercial awareness', the group has particular expertise in the structuring, negotiating and documenting of large-scale transactions, corporate finance and project finance, and also has notable capabilities in the regulatory aspects of finance transactions. Leading the group, Oanh Nguyen in Ho Chi Minh City is an expert in banking and finance transactions, including project finance and financial services matters. Both based in Ho Chi Minh City, Phuong Chi Vo and Ngo Thai Ninh also are key contacts.
Responsables de la pratique:
Oanh Nguyen
Autres avocats clés:
Phuong Chi Vo; Ngo Thai Ninh
Les références
‘The team is very quick in responding to our inquiries.’
‘Baker McKenzie continuously updates their legal knowledge and stays involved in numerous transactions, which allows them to maintain a compatible track record and stay up to date with market practices and relevant local authorities.’
‘The team members demonstrates a strong sense of commercial awareness, which is crucial in understanding our business objectives and providing legal solutions that align with our commercial strategies.’
Mayer Brown
Overseen by Richard Stock in Hong Kong, Mayer Brown has a reputable banking and finance practice that advises local and international clients across a broad range of sectors. With strong capabilities in cross-border mandates, the group is experienced in a broad range of banking transactions and financings, and also has unique knowledge in ESG transactions. A key figure in the team is David Harrison in Ho Chi Minh City, who focuses on banking and finance and cross-border M&A mandates, and is a notable lawyer for foreign investors.
Responsables de la pratique:
Richard Stock
Autres avocats clés:
David Harrison
KPMG Law in Vietnam
Specialising in acquisition finance, project finance, financial services and regulations, KPMG Law in Vietnam has expertise in every aspect of a banking transaction. Praised for its ‘expertise, innovation, and commitment to exceptional representation’, the group works with both financiers and borrowers, and also has considerable expertise in regulatory and licensing. Nguyen Mai Phuong in Hanoi is an expert in banking, financial, corporate, commercial and global trading matters. Other key contacts for banking and finance issues are Nguyen Hoang Ly who ‘possesses a remarkable blend of expertise and communication skills’, and Pham Thi Quynh Ngoc, both based in Hanoi, and Ngoc Thi Thanh Bui in Ho Chi Minh City.
Responsables de la pratique:
Nguyen Mai Phuong; Nguyen Hoang Ly; Pham Thi Quynh Ngoc; Bui Thi Thanh Ngoc
Les références
‘KPMG Law’s banking and finance practice stands out for its expertise, innovation, and commitment to exceptional representation. With a long-standing history in the audit and tax advisory activities, and lawyers’ in-depth experience on banking finance sector, KPMG possess a deep understanding of the industry’s intricacies.’
‘Good skills and supportive.’
‘Nguyen Hoang Ly possesses a remarkable blend of expertise and communication skills. Her ability to explain intricate legal matters in a clear and concise manner was truly impressive, making the complex seem manageable.’
Principaux clients
Hateco Group Joint Stock Company
Port of Haiphong Joint Stock Company
Public Bank Vietnam
VietinBank
Vietcombank
LNT & Partners
With notable capabilities acting in cross-border mandates, LNT & Partners has a seasoned banking and finance practice that advises on a broad range of transactions and financings, with particular expertise in the financial services, tech and energy sectors. The team is also knowledgeable in debt collection matters. Leading the group from Hanoi, Le Net advises a diverse group of power corporations and banks on large transactions, and Vu Thanh Minh has extensive banking and finance expertise with niche capabilities in fintech.
Responsables de la pratique:
Le Net; Vu Thanh Minh
Principaux clients
Mirae Assets Securities (Vietnam) Joint Stock Company
Rajah & Tann LCT Lawyers
Rajah & Tann LCT Lawyers advises a wide range of lenders and borrowers on all aspects of transactional work. With extensive experience representing multi-jurisdictional financial institutions, the group is especially well-versed in matters relating to project financing in sectors such as energy, infrastructure and real estate. The practice is led by Nguyen Dinh Nha in Ho Chi Minh City who focuses on financial and banking transactions, as well as M&A and general corporate compliance. Other key lawyers in banking and finance are Vu Thi Que and Huynh Thi Thu Thuy, both also based on Ho Chi Minh City.
Responsables de la pratique:
Nguyen Dinh Nha
Autres avocats clés:
Vu Thi Que; Huynh Thi Thu Thuy
Principaux clients
May Bank
DBS Bank Limited
OCBC Bank
Vietnam Software Development Center Co/National Australia Bank
JA Mitsui Leasing
China Development Bank
Bank Sinopac Company Limited
The export-import bank of China
United Overseas bank
Ant Group
Principaux dossiers
- Advised and provided retainer services to Vietnam Software Development Center Co, a subsidiary of National Australia Bank, since 2022.
- Acted for a leading hospital network in Asia in its financing transaction comprising an offshore and onshore facility.
- Acting for a leading Singaporean developer in multiple financing transactions for the development of its portfolio of real estate projects in Vietnam.
Duane Morris Vietnam LLC
Duane Morris Vietnam LLC has a seasoned team of banking and finance specialists who advise a broad range of clients across sectors on transactions and financings, and the group has notable expertise advising Vietnamese banks on issues such as recapitalisation and digitisation. The practice is co-led by Nguyen Thi Lang in Ho Chi Minh City who is an expert in corporate and commercial work, with emphasis on M&A, inward investment, real estate and infrastructure matters, and Oliver Massmann in Hanoi who focuses on international tax and power projects.
Responsables de la pratique:
Nguyen Thi Lang; Oliver Massmann
Hogan Lovells International LLP
Led by Gaston Fernandez in Ho Chi Minh City who has extensive experience with corporate, project development and finance matters, Hogan Lovells International LLP advises a broad range of financial institutions on large cross-border financings to both state-owned and private companies in Vietnam. The group also has notable capabilities in fintech. Duong Pham in Hanoi and Long Huynh are also key figures in this practice area.
Responsables de la pratique:
Gaston Fernandez
Autres avocats clés:
Duong Pham; Long Huynh
Les références
‘Professional, responsive and informed on the local market in Vietnam.’
‘Long Huynh and Gaston Fernandez have good focus on client service.’
Mori Hamada Vietnam Hanoi Office
Advising a broad range of international lenders and other corporates, Mori Hamada Vietnam Hanoi Office is noted for its expertise in financing transactions, with demonstrable experience across the energy and natural resources, real estate development, logistics, telecoms and manufacturing sectors. Takeshi Mukawa leads the team in Hanoi, and Ha Thi Dung advises on bond deals, syndicated loan transactions and project financings in Vietnam.
Responsables de la pratique:
Takeshi Mukawa
Autres avocats clés:
Ha Thi Dung
Principaux clients
Mizuho Bank Ltd
Bangkok Bank Public Company Limited
BCPG Public Company Limited
Export-Import Bank of Thailand
Krung Thai Bank Public Company Limited
Principaux dossiers
Tilleke & Gibbins
Led by Tram Ngoc Bich Nguyen in Ho Chi Minh City, Tilleke & Gibbins acts for clients such as domestic and international businesses, financial institutions, investors and governmental entities on a broad range of banking and finance matters. The group also has niche capabilities in fintech, and is seasoned in project finance matters in the energy sectors.
Responsables de la pratique:
Tram Ngoc Bich Nguyen
Principaux clients
Anext Bank Pte Ltd
SEA Logistic Partners (SLP)
VinHMS
Principaux dossiers
- Acted as lead counsel to VinHMS in a complex share swap with U.S.-based Vemanti Group to gain an overseas OTC listing to facilitate the client’s aggressive growth strategy.
- Advised a Southeast Asian logistics company on their project financing from a local bank in Vietnam, included drafting and negotiating transaction documents, and closing support.
- Advise the Vietnamese branch of one of Thailand’s largest commercial banks on matters of local banking and corporate law, on an ongoing retainer basis.
Watson Farley & Williams LLP
Watson Farley & Williams LLP acts for a broad range of notable banks and financial institutions, and has extensive experience with both project finance and syndicated corporate lending. The group is also experienced working on deals with an ESG element. The group is led by Linh Doan, based in both Hong Kong and Hanoi, who is an expert in energy, infrastructure and corporate, and Matt Lorimer in Hanoi who specialises in banking and finance matters in emerging markets with ‘a highly pragmatic and commercial approach’.
Responsables de la pratique:
Linh Doan; Matt Lorimer
Les références
‘Strong knowledge of the Asia Pacific banking and finance market.’
‘Matt Lorimer brings a highly pragmatic and commercial approach to advising on banking and finance transactions.’
Principaux clients
Asian Development Bank
Toyo Ink Group Berhad
The Ministry of Industry and Trade of the Socialist Republic of Vietnam
Citibank N.A., Hong Kong Branch
HSBC Bank (Vietnam) Ltd., Hanoi Branch
Japan International Cooperation Agency
Vietnam Technological and Commercial Joint Stock Bank
JPMorgan
Philippine National Bank
Principaux dossiers
- Advising Asian Development Bank and Philippine National Bank on an English law facility to Buskowitz Solar to support clean and affordable solar energy for commercial and industrial consumers in the Philippines
- Advising Asian Development Bank, Export-Import Bank of China and ILX as both English and Vietnamese counsel on a facility to Lien Post Bank to finance micro loans to woman-owned Small and Medium sized Enterprises.
- Advising Toyo Ink Group Berhad, as project sponsor, in the development and financing of the 2,120 MW Song Hau 2 coal-fired BOT thermal power project in Hau Giang, Vietnam.