VILAF > Hanoi, Vietnam > Firm Profile

VILAF
6TH FLOOR, HCO BUILDING (MELIA)
44B LY THUONG KIET STREET, HOAN KIEM DISTRICT
HANOI
Vietnam

Vietnam > Banking and finance Tier 1

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 ‘knowledgeableDuyen 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.

Practice head(s):

Duyen Vo; Hung Nguyen

Other key lawyers:

Testimonials

‘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.’

‘Hung Nguyen is an outstanding lawyer with knowledge and experience in his practice areas. His clear and logical opinion are always much appreciated.’

Key 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

Work highlights

  • 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.

Vietnam > Capital markets Tier 1

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.

Practice head(s):

Duyen Ha Vo; Phong Tran

Other key lawyers:

Key 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

Work highlights

  • 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.

Vietnam > Corporate and M&A Tier 1

VILAF assists multinational clients on all operational corporate matters, as well as large and complex cross-border M&A deals across a wide range of industries. The group has particular expertise in matters involving private placement, energy and infrastructure, banking, real estate and construction. The group is co-headed by Duyen Ha Vo in Ho Chi Minh City, who is an expert in a wide range of corporate work and transactions, and Anh Dang in Hanoi, who is a key contact for matters involving finance, corporate, energy and infrastructure. Also in Hanoi, Phong Tran focuses on private equity and M&A, and is also an expert in the energy and aviation sectors, Ngoc Anh Bui is particularly skilled in cross-border matters, and Lam Nguyen specialises in energy and infrastructure matters, M&A and capital markets. The team in Ho Chi Minh City includes Hao Nguyen, who is knowledgeable in capital markets, M&A, oil and gas, renewable energy and real estate mandates, as well as Ngoc Luong Trinh and Tung Nguyen.

Practice head(s):

Duyen Ha Vo; Anh Dang

Testimonials

‘They were responsive, proactive and professional. Walked us through the process and advised us on the next steps.’

Key clients

Citigroup

SCB X Group

SKC Co., Ltd.

Capitaland

Sycamore

Frasers Property Vietnam

AES Corporation

MERAP Group

Vietnam National Aviation Insurance and Saigon-Hanoi Insurance Corporation

Growtheum Capital Partners

VinaCapital

Shizen International Inc.

Inter Pacific Securities Sdn Bhd

Moody’s Asia Pacific Limited

Work highlights

  • 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 Sycamore, CapitaLand’s affiliate, on the acquisition of Thanh Thanh Binh Duong housing-urban area complex in Binh Duong province.
  • Advised SKC, a southern chemical materials company in relation to its acquisition of 45% stake in semiconductor test maker ISC with the value of US$400 million.

Vietnam > Dispute resolution: arbitration Tier 1

VILAF has considerable expertise in both international litigation and arbitration, and regularly appears before the Vietnam International Arbitration Centre and the Singapore International Arbitration Centre. The group also has unique knowledge assisting local and foreign law firms in labour and employment matters involving work permits, terminations, organisational restucturings, and disputes. The team is led by seasoned arbitrators Tung Ngo in Ho Chi Minh City, who acts for clients in disputes in sectors such as insurance, shipping, real estate and manufacturing, and Linh D. Nguyen in Hanoi, who is an expert in corporate, commercial and dispute resolution across multiple industries. Another name to note is Hien Tran in Ho Chi Minh City, who boasts a broad practice with considerable dispute resolution capabilities.

Practice head(s):

Tung Ngo; Linh Nguyen

Other key lawyers:

Key clients

Green Planet Distribution Centre JSC

Marubeni Corporation

SMBC Aviation Capital Limited

NorthStandard P&I Club

Soga Pluto Company Limited

Cargill

Work highlights

Vietnam > Dispute resolution: litigation Tier 1

The dispute resolution group at VILAF is well-versed in a wide variety of disputes before the Vietnamese courts. It has particular expertise in assisting local and foreign companies in their labour and employment matters, such as work permits, termination, organisational restructuring and other related disputes. The group is led by Tung Ngo in Ho Chi Minh City who acts for clients in industries such as insurance, shipping, real estate and manufacturing, and is also experienced representing international companies in M&A, corporate and commercial matters. He leads alongside Linh Nguyen in Hanoi, who has extensive experience in the corporate, commercial and dispute resolution areas, including on issues such as construction, insurance, trading and employment. In Ho Chi Minh City, Hien Tran has extensive experience in litigation in various forums, and Hanh Vo is another key contact.

Practice head(s):

Tung Ngo; Linh Nguyen

Other key lawyers:

Key clients

EVN Power Generation Corporation 1

Man Wah Industrial Company Limited and Timberland Company Limited

Phuc Long Port Company Limited

Work highlights

  • Advised a Singaporean company against a Vietnamese company concerning the damage to a crane under a lease contract before Singapore Court.
  • Advised Phuc Long Port Company Limited on its legal position in its customer’s claim for damages to goods due to an inland waterway collision accident.

Vietnam > Projects and energy Tier 1

VILAF is sought after for its expertise in both traditional power and renewable energy transactions, with extensive experience advising foreign investors on a range of project development matters, including power projects, renewable energy projects, infrastructures and project financing. The lawyers are especially knowledgeable in the traditional power, liquified natural gas, renewable energy, real estate, infrastructure and oil and gas sectors. The group is led by energy and aviation expert Tran Phong in Hanoi who is ‘excellent in problem-solving and strategy planning', Duyen Vo in Ho Chi Minh City who specialises in project financing, and Dang Anh in Hanoi who has extensive experience in energy and projects matters. The team also includes Ngoc Anh Bui in Hanoi who has expertise in industries such as oil and gas, real estate and energy, and Lam Nguyen who is ‘thorough in all his work' and focuses on energy and infrastructure, corporate and M&A and capital markets.

Practice head(s):

Tran Phong; Duyen Vo; Dang Anh

Other key lawyers:

Testimonials

‘Very tightly and well managed. Efficient collaboration.’

‘Tran Phong is excellent in problem-solving and strategy planning.’

‘Lam Nguyen was thorough in all his work. He is reliable and experienced.’

Key clients

Long Son Petrochemicals

Nghi Son 2 BOT Company Limited

Van Phong Power Company Limited

Impact Energy Asia Development Limited (“IEAD”)/ Monsoon Wind Power Company Limited

Sycamore

PetroVietnam Power Corporation

AES Corporation

Marubeni Corporation

Trading Constructions Works Organization (WTO)

Sumitomo Corporation

Shizen International Inc.

Work highlights

  • 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.

Vietnam > Real estate and construction Tier 1

VILAF has an expert construction and real estate practice that advises foreign and domestic developers on a range of projects, in addition to real estate clients engaged in M&A transactions, real estate financing, EPC contracts, business development, bond issuance and project investment. Leading the group, Nguyen Truc Hien in Ho Chi Minh City advises a diverse group of real estate clients on a broad range of projects and transactions, and Ngoc Anh Bui in Hanoi focuses on M&A, foreign direct investment and corporate restructure in a variety of sectors, with a focus on real estate. Also in Hanoi, Anh Dang is knowledgeable in real estate transactions. The group also includes Tung Ngo and Duyen Ha Vo in Ho Chi Minh City who both advise on a diverse range of real estate projects and transactions.

Practice head(s):

Hien Truc Nguyen; Ngoc Anh Bui

Other key lawyers:

Key clients

Sycamore

Vingroup

Frasers Property Vietnam

Union Bank of Taiwan Co., Ltd

Green Planet Distribution Centre JSC

Marubeni Corporation

Work highlights

  • Advised Sycamore, CapitaLand’s affiliate, on the acquisition of Thanh Thanh Binh Duong housing-urban area complex in Binh Duong province
  • Advised Vingroup in its issuance of US$250 million exchangeable bonds to institutional investors, the first ever concurrent exchangeable bonds issue and buyback in Vietnam.

Vietnam > Labour and employment Tier 3

VILAF has an excellent dispute resolution department, is particularly well versed handling labour and employment cases before the Vietnamese courts and in arbitration. The group works for local and foreign companies on a broad range of employment mandates, including ones relating to work permits, terminations and organisational restructuring. The group is led by Tung Ngo in Ho Chi Minh City, a seasoned litigator and arbitrator who advises a broad range of companies across practice areas, and Linh Nguyen in Hanoi who has extensive experience with labour and employment, and is additionally a skillful corporate restructuring. Hien Tran and Ngoc Luong Trinh in Ho Chi Minh City are also key figures in the team.

Practice head(s):

Tung Ngo; Linh Nguyen

Other key lawyers:

Key clients

Citibank N.A.

Work highlights

  • Advised Citibank in the drafting, finalization and implementation of the labour usage plan to transfer the entire Citibank’s Vietnamese consumer banking employees to UOB VN, and advising on relevant employment issues concerning the restructuring of Citi VN’s business, due to the sale of consumer banking assets in the region.

The firm: With 30 years of experience in Vietnam, VILAF is one of the largest law firms in Vietnam and consistently ranked as a first-tier law firm by The Legal 500 Asia Pacific, IFLR1000, Asia Law and Chambers and Partners.

VILAF has been representing clients in many complex cross-border M&A, large financing and capital markets transactions, and major infrastructure and energy projects in Vietnam. The firm’s long-term clients include, among others, Marubeni Corporation, Mizuho Bank, ANZ, Sumitomo Corporation, Phillip Morris, BNP Paribas, Siam Cement Group, Capitaland, Jollibee Foods Corporation, HSBC, Hoa Lam, Ford, and GM.

VILAF’s experienced team of senior lawyers covers every aspect of business in Vietnam, including foreign direct investment, commercial, corporate, real estate, M&A, banking, finance, capital markets, project finance, infrastructure development, oil, gas and power, construction, trading and distribution, taxation, employment, shipping, litigation and arbitration, intellectual property, technology transfers and life sciences.

Areas of practice
Corporate and M&A: the corporate team of 38 lawyers has handled many of Vietnam’s largest and most complex M&A and restructuring transactions. The corporate team also advises on equitisation, commercial contracts, antitrust, energy, direct investment, insurance, private equity and life sciences. As the largest corporate team in the country, the team is also well capable of assisting multinational clients on all operational corporate matters. Notable matters include: advising Siam City Cement in the $560m acquisition of LafargeHolcim’s 65% shares in Holcim Cement Vietnam; and advising SCG Group in its $440m acquisition of 100% cement businesses in Vietnam Construction Material JSC and in its $250m acquisition of Prime Group.

Banking and finance, and capital markets: the banking and finance, and capital markets team of 18 lawyers advises multinational financial institutions, funds and investors in relation to complex deals in financing manufacturing, acquisition, infrastructure and energy projects in Vietnam, and in securities transactions. VILAF provides advice across a wide range of financial products including asset finance, bonds, international listing transaction, IPO, derivatives, project finance, restructuring, and structured finance. Notable matters include: advising Credit Agricole and ANZ on the transfer of its roles (security agent, onshore account bank, offshore account bank) in the syndicate of lenders financing the Phu My 2.2 BOT power project to ANZ Vietnam Ltd.

Energy and infrastructure: the energy and infrastructure team of 22 lawyers has advised on many of the most complex energy and infrastructure projects, including projects that were the first of their type in Vietnam. VILAF has been advising lenders, sponsors, and buyers in relation to BOT power projects, BOT and BOO water projects, PPP projects, independent power plants, expressway projects, metro line project, and port projects. Notable matters include: advising the sponsors in Nghi Son 2 BOT power project, Vinh Tan 1 BOT power project, the ‘Project Finance Deal of the Year 2016’ awarded by IFLR and ALB.

Real property: the real property team of 15 lawyers is the largest team of real property experts in Vietnam. VILAF advises developers, sellers, and buyers in relation to industrial parks, healthcare parks, mixed-use commercial complexes, mini-town projects, resorts and casinos, and other residential projects. The team also advises on EPC contracts and construction matters. Notable matters include advising Chow Tai Fook and VMS Investment in acquiring 80% of an integrated casino, resorts, and residential project of $4bn in Vietnam.

Dispute resolution: the dispute resolution team has increasingly been involved in dispute resolution by arbitration. VILAF has a strong presence in maritime, finance, investment and construction disputes. VILAF has represented multinational clients in dispute resolutions, by way of out- of-court settlement or before the Vietnamese courts, state agencies or the Vietnam International Arbitration Center, and acts as Vietnamese law expert witness in international litigation and arbitration.

Department Name Email Telephone
Aviation Phong Tran [email protected] +84 24 3934 8530
Aviation Anh Dang [email protected] +84 24 3934 8530
Aviation Trung Vu [email protected] +84 24 3934 8530
Banking and finance Hung Q. Nguyen [email protected] +84 24 3934 8530
Banking and finance Phong Tran [email protected] +84 24 3934 8530
Banking and finance Trung Vu [email protected] +84 24 3934 8530
Banking and finance Anh Dang [email protected] +84 24 3934 8530
Capital markets Hung Q. Nguyen [email protected] +84 24 3934 8530
Capital markets Phong Tran [email protected] +84 24 3934 8530
Capital markets Anh Dang [email protected] +84 24 3934 8530
Capital markets Trung Vu [email protected] +84 24 3934 8530
General corporate and commercial Anh Dang [email protected] +84 24 3934 8530
General corporate and commercial Phong Tran [email protected] +84 24 3934 8530
General corporate and commercial Linh D. Nguyen [email protected] +84 24 3934 8530
General corporate and commercial Hung Q. Nguyen [email protected] +84 24 3934 8530
General corporate and commercial Ngoc Anh Bui [email protected] +84 24 3934 8530
General corporate and commercial Trung Vu [email protected] +84 24 3934 8530
General corporate and commercial Lam Nguyen [email protected] +84 24 3934 8530
Corporate and M&A Anh Dang [email protected] +84 24 3934 8530
Corporate and M&A Phong Tran [email protected] +84 24 3934 8530
Corporate and M&A Ngoc Anh Bui [email protected] +84 24 3934 8530
Corporate and M&A Lam Nguyen [email protected] +84 24 3934 8530
Corporate and M&A Trung Vu [email protected] +84 24 3934 8530
Real estate and construction Lam Nguyen [email protected] +84 24 3934 8530
Real estate and construction Anh Dang [email protected] +84 24 3934 8530
Real estate and construction Phong Tran [email protected] +84 24 3934 8530
Real estate and construction Ngoc Anh Bui [email protected] +84 24 3934 8530
Real estate and construction Linh D. Nguyen [email protected] +84 24 3934 8530
Dispute resolution Linh D. Nguyen [email protected] +84 24 3934 8530
Dispute resolution Ngoc Anh Bui [email protected] +84 24 3934 8530
Insurance Anh Dang [email protected] +84 24 3934 8530
Insurance Linh D. Nguyen [email protected] +84 24 3934 8530
Employment Linh D. Nguyen [email protected] +84 24 3934 8530
Employment Ngoc Anh Bui [email protected] +84 24 3934 8530
Projects and energy Phong Tran [email protected] +84 24 3934 8530
Projects and energy Anh Dang [email protected] +84 24 3934 8530
Projects and energy Ngoc Anh Bui [email protected] +84 24 3934 8530
Projects and energy Lam Nguyen [email protected] +84 24 3934 8530
Shipping Linh D. Nguyen [email protected] +84 24 3934 8530
TMT Anh Dang [email protected] +84 24 3934 8530
Tax Anh Dang [email protected] +84 24 3934 8530
Tax Ngoc Anh Bui [email protected] +84 24 3934 8530
International trade Ngoc Anh Bui [email protected] +84 24 3934 8530
Photo Name Position Profile
Anh Bui photo Mr Anh Bui Hanoi Managing Partner
Anh Dang photo Mr Anh Dang Senior Partner
Linh Nguyen photo Mr Linh Nguyen Partner
Hung Nguyen photo Mr Hung Nguyen Partner
Lam Nguyen KC photo Mr Lam Nguyen KC Partner
Phong Tran photo Mr Phong Tran Founding Partner
Trung Vu photo Mr Trung Vu Partner
Number of lawyers : 90
at this office : 40
English
Vietnamese
American Chamber of Commerce (AMCHAM)
World Law Group
Indian Business Chamber in Vietnam (InCham)
Vietnam Business Lawyers Club (VBLC)
Vietnam Business Forum (VBF)
International Bar Association (IBA)
Asia Pacific Loan Market Association (APLMA)

CLIENT: Vincent Wong, Director

COMPANY/FIRM: Fleming International

TESTIMONIAL: Our manufacturing plant moved from China to Vietnam in 2005.  We were fortunate to have known VILAF from the very beginning to help us set up our business here.  Over the years, we have received valuable advice and strong assistance from VILAF to help us sail through the unknown waters.

Last year, we celebrated our 10th year anniversary in Ho Chi Minh City.  Moving a factory to a completely new environment and making it even more successful than ever before wasn’t easy work.  For that we sincerely thank the very professional VILAF team in our special occasion.  Congratulations to VILAF, our true partner!


CLIENT: Alexis de Mecquenem, Partner

COMPANY/FIRM: Development Finance Asia (DFA)

TESTIMONIAL:
Development Finance Asia (DFA) has been extremely satisfied with VILAF’s output and out-of-the-box approach for complex transactions. Team’s dedication and professionalism were critical to our recent successes in Vietnam.

VILAF Advised SCG Packaging on the Strategic Buy-out of Duy Tan Plastics

VILAF warmly congratulates SCG Packaging Public Company Limited (SCG Packaging), a subsidiary of Siam Cement Group, on the successful acquisition of the remaining 30% shares in Duy Tan Plastics Manufacturing Corporation (Duy Tan Plastics), making SCG Packaging the sole shareholder of Vietnam’s leading manufacturer of rigid plastic packaging products.  The transaction was made at USD108.6 million.

VILAF Advised AFD in the €67 Million Loan Agreement to EVNNPT Vietnam’s First JETP Funding

VILAF extends our congratulations to the Agence Française de Développement (AFD) and the National Power Transmission Corporation (EVNNPT) on the signing of the €67 million (approximately USD75 million) loan agreement for the funding of the expansion and modernisation of power transmission grids in Vietnam.

VILAF Advised HSBC and Other Lenders in the VND3,750 Billion Green Club Loan Facility to Finance the Development of Gamuda Land’s Eaton Park

VILAF is pleased to congratulate HSBC Vietnam, Mizuho Bank, Sumitomo Mitsui Banking Corporation (SMBC), UOB Vietnam, and Gamuda Land on the successful financial close of the VND3,750 billion (USD 144.4 million) green club loan facility extended to Tam Luc Real Estate Corporation, a subsidiary of Gamuda Land.

VILAF Announces Partner and Counsel Promotions

VILAF is delighted to announce two significant promotions with effect on 1 January 2025:

VILAF Promotes New Partner, Counsel, and Senior Associates

VILAF is pleased to announce the promotion of Counsel Lam Nguyen to Partner and Senior Associate Hoang Duong to Counsel.

VILAF is ranked as a Top Tier law firm by The Legal 500

It is our great honor to share that VILAF has again been named a TOP-TIER FIRM in 5 practice areas and recommended in 2 practice areas in The Legal 500 Asia Pacific 2022 Edition, with multiple partners being recognized in the rankings:

VILAF named Asia Pacific Vietnam Law Firm of the Year

On 25 March 2021, VILAF was awarded the Vietnam Law Firm of the Year by IFLR Asia-Pacific Awards 2021. The IFLR Asia Pacific Awards is an international annual awards event that recognizes top performing law firms in the Asia Pacific region focusing on legal innovation in cross-border market transactions. IFLR has over 30 years of experience analyzing the global legal market and has been a market leader in financial law publication for lawyers for financial institutions, corporates, and the private practice.

VILAF names new Hanoi Office Managing Partner

On 18 January 2021, Mr. Ngoc Anh Bui was elected as the new Managing Partner of the VILAF Hanoi Office, succeeding Mr. Anh Dang.