VILAF advises a broad range of domestic and international issuers, underwriters and arrangers in a wide variety of capital market transactions, and the group is particularly experienced in matters involving IPOs on international and domestic exchanges, acquisitions of controlling shareholdings in public companies, equity capital market products, as well as debt capital markets for acquisition financing and debt restructuring. The group is co-led by Duyen Ha Vo in Ho Chi Minh City who is experienced in a broad range of complex capital markets transactions, and Tran Phong in Hanoi who is an expert in banking and finance, M&A, capital markets, and infrastructure and energy. Dang Anh in Hanoi and Tung Nguyen in Ho Chi Minh City are also key contacts for capital markets mandates.
Capital markets in Vietnam
VILAF
Responsables de la pratique:
Duyen Ha Vo; Phong Tran
Autres avocats clés:
Dang Anh; Tung Nguyen
Principaux clients
J&T Global Express Limited (J&T Express)
SCG Décor Public Company Limited (SCGD)
Growtheum Capital Partners
ANT Group
BAF Vietnam Agriculture Joint Stock Company
Black Spade Acquisition Co
Citigroup Global Markets, Morgan Stanley, Credit Suisse, J.P. Morgan Securities and Bank of America
Vingroup
Principaux dossiers
- Advised J&T Global Express Limited, a global logistics service provider, to list on the Main Board of the Hong Kong Stock Exchange with the Public Offer Price of HK$ 12.00 per Offer Share, with net proceeds from the Global Offering amounting to HK$ 3.528 billion. This deal is awarded as the Equity Deal of the Year 2024 by IFLR and ALB.
- Advised the arrangers and Black Spade Acquisition Co in connection with the successful closing of US$23 billion SPAC combination and the Nasdaq listing of Vietnam EV maker VINFAST (VFS).
- Advised SCG Décor Public Company Limited (SCGD) as an Issuer in its US$543 million IPO on The Stock Exchange of Thailand (SET) which is successfully closed on 20 December 2023.
YKVN
With a client base that includes a diverse range of domestic and foreign financial institutions, YKVN has a ‘very strong’ group specialising in securities and capital market transactions. The team regularly advises on matters in debt capital markets, and has unique expertise in IPOs. Leading the group, Truong Nhat Quang in Ho Chi Minh City is an expert in banking and capital markets, and regularly represents a broad range of global banks and corporates, investment banks and private equity funds. Other key figures in the team include Duong Thu Ha in Hanoi who advises a varied group of clients on multiple bond issuances and capital markets transactions, and Vu Dzung and Nguyen Thu Hang in Ho Chi Minh City who are both is highly experienced in capital markets mandates.
Responsables de la pratique:
Truong Nhat Quang
Autres avocats clés:
Duong Thu Ha; Vu Dzung; Nguyen Thu Hang
Les références
‘The team is well organised, resourceful and always on the ground to respond to us.’
‘Always give practical advice, directly addressing and solving our issues and concerns, especially in worst-case scenarios in order to mitigate risks as much as possible. Their advice not only addresses legal matters but also commercial matters, leveraging their knowledge and experience in the many other transactions they have been engaged in.’
‘YKVN are top tier in Vietnam. They have a deep bench, where a senior partner and more junior partner are always available to work with us.’
Principaux clients
A&A Green Phoenix Group Joint Stock Company (Phenikaa)
Citibank, N.A.
Masan Group
Maybank Securities Limited (Maybank Securities)
MB Securities Joint Stock Company (MBS)
Novaland Group
PVI Asset Management JSC (PVI AM)
Temasek Holdings (Private) Limited
Vingroup
VPBank Securities JSC (VPS)
Baker McKenzie
Baker McKenzie has extensive experience in a broad range of debt and equity capital market transactions, and the group has particular expertise advising on mandates such as domestic and cross-border IPOs, debt issuances and programs, multi-jurisdictional acquisitions and divestitures involving public companies. The practice is spearheaded by Oanh Nguyen in Ho Chi Minh City who specialises in equity and debt capital market deals, including IPOs. The group also includes special counsel Ngo Thai Ninh in Hanoi who is experienced in a broad range of complex transactions, with emphasis on capital markets work. In Ho Chi Minh City, Phuong Chi Vo is seasoned in cross-border capital markets transactions, and Thuy Van Pham advises on transactions across a broad range of industries.
Responsables de la pratique:
Oanh Nguyen
Autres avocats clés:
Ngo Thai Ninh; Phuong Chi Vo; Thuy Van Pham
Principaux clients
BIM Land Joint Stock Company
Principaux dossiers
- Representing BIM Land and Thanh Xuan in the issuance of Vietnam’s first local-currency sustainability bonds to International Finance Corporation.
Allens
Led by transactions specialists Linh Bui and Ngoc Anh Tran, both based in Ho Chi Minh City, Allens acts for a wide variety of sellers, sponsors, issuers and lead managers on a broad range of debt and equity capital markets mandates. The group is especially experienced handling Initial Public Offering mandates, as well as debt capital markets matters involving the issuance of different types of bonds, derivatives and hybrid instruments. The group also includes Linh Chi Dang in Hanoi who advises on investment and banking and finance issues.
Responsables de la pratique:
Linh Bui; Ngoc Anh Tran
Autres avocats clés:
Linh Chi Dang
Principaux clients
International Finance Corporation (IFC) and Asian Infrastructure Investment Bank
SK South-East Asia Investment Pte. Ltd
Bain Capital Credit LP
International Finance Corporation
Seller and Placing Agents
Jardine Cycle & Carriage Limited
Commonwealth Bank of Australia
AXA Asia
Affirma Capital
Vietnamese Sunergy Joint Stock Company
HSBC and UBS AG
Principaux dossiers
- Advising IFC and AIIB on the subscription of US$150-200 millionSEABank’s green and blue bonds.
- Advising SK on the ongoing management of its investment portfolio inVietnam, including its US$1 billion investment in Vingroup and US$500million investment in Masan Corporation.
- Acted as lead transactional and Vietnamese counsel for IFC on itssubscription for convertible and non-convertible bonds issued by BaF.
Frasers Law Company
Frasers Law Company has a sought after group in capital markets amongst both domestic and international clients. The team regularly advises on a diverse range of mandates in relation to debt and equity capital markets, and is especially well-versed in sectors such as banking and finance, consumer goods, healthcare and pharmaceuticals, hospitality, manufacturing, real estate and tech. The group is co-led by Mark Fraser and Ho Thuy Ngoc Tram in Ho Chi Minh City.
Responsables de la pratique:
Mark Fraser; Ho Thuy Ngoc Tram
Principaux clients
ADB
Bolttech
Telio
Sumitomo Mitsui Banking Corporation, Hanoi Branch
Vina Legal
Praised for its ‘thorough understanding of the relevant laws and regulations’, Vina Legal has a seasoned group of lawyers advising on a broad range of capital markets transactions, with particular expertise in the real estate sector. The group is led by Nguyen Thanh Long who has ‘strategic insight, technical knowledge, and exceptional communication skills’, and Trieu Thi Thanh Huong, both of whom are based in Hanoi.
Responsables de la pratique:
Nguyen Thanh Long; Trieu Thi Thanh Huong
Les références
‘Vina Legal is a professional law firm, the feedback from all members is very fast and clear, easy to understand and the working attitude is good.’
‘Very professional and always support client at anytime. Very careful and supportive to find the most safe way to settle problems for the client.’
‘The lawyers are professional.’
Principaux clients
Bitexco Group
Hung Thinh Land Group
VietinBank
Techcombank
VietinBank Securities JSC
Tan Viet Securities JSC
Green World JSC
My Son 1 JSC
My Son 2 JSC
Sunshine Group
Thaigroup
VIG Group
BNB Group
Gotec Land JSC
Van Truong Phat Group
Bong Sen JSC
Sa Pa Lao Cai JSC
Nam Phuong Energy JSC
BNP Global JSC
Tan Thanh Long An Group
Agricultural and Materials Import Export No. 3 JSC
Nam Land Group