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VILAF

SUITE 4.4-4.6, MPLAZA SAIGON, 39 LE DUAN STREET, DISTRICT 1, HO CHI MINH CITY, VIETNAM
Tel:
Work +84 28 3827 7300
Email:
Web:
www.vilaf.com.vn
Hanoi, Ho Chi Minh City

Vietnam

Banking and finance
Banking and finance - ranked: tier 1

VILAF

VILAF is a key name for handling the local law elements of major financing projects in Vietnam. Firm chairwoman Vo Ha Duyen, who is based in Ho Chi Minh City, continues to advise the Japan Bank of International Cooperation on the Vietnamese elements of its role as arranger of the financing of the $2.5bn, 1.2GW, Vung Ang 2 coal-fired power project. Duyen, who also handles banking M&A, assisted ANZ with its exit from the Vietnamese retail banking market by selling its business in the country to Shinhan Bank. Other highlights in the banking M&A space include Hanoi-based Nguyen Quang Hung advising Sumitomo Mitsui Trust Bank on purchasing a 49% stake in BIDV Finance Company for around $50m; Dang Duong Anh, who is also based in Hanoi, handled Shinsei Bank's purchase of 49% of MCredit from Military Bank. Hung also advised Standard Chartered on providing an $80m revolving credit facility to Vietnam Enterprise Investments, which was secured over the assets of the borrower and two affiliated Vietnamese-listed companies - among the first non-Vietnamese loans secured by Vietnamese-listed shares; he also advised on the financing for the construction of a new instant coffee plant. Other work includes Duyen acting for Goshawk on financing several Airbus A321 aircraft used by VietJet. Keppel Land and Bank of China are other clients. Counsel Vu Le Trung is another name to note.

Leading individuals

Tran Tuan Phong - VILAF

Vo Ha Duyen - VILAF

Next generation lawyers

Vu Le Trung - VILAF

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Capital markets
Capital markets - ranked: tier 1

VILAF

In VILAF's Hanoi office, Nguyen Quang Hung advised Standard Chartered on Mobile World's VND1.1tn bond issuance guaranteed by the Credit Guarantee and Investment Facility, and also assisted Techcombank Securities with numerous corporate bond offering arranger roles. Dang Duong Anh advised Simpson Thacher & Bartlett LLP in Hong Kong on the impact of Foxconn Interconnect Technology's Hong Kong IPO on its Vietnamese subsidiaries. Tran Tuan Phong assisted Vingroup with the sale of $198m of shares via the Ho Chi Minh City Stock Exchange, which were offered to qualified institutional US buyers via Rule 144A. In Ho Chi Minh City, Vo Ha Duyen advised Credit Suisse on Novaland's plan to list $160m of convertible bonds on the Singapore Stock Exchange. Shinhan Securities is another client.

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Corporate and M&A
Corporate and M&A - ranked: tier 1

VILAF

VILAF¬†has a particular specialism handling the Vietnamese legal elements of heavyweight deals, frequently acting as co-counsel alongside major global firms.¬†Dang Duong Anh and counsel Vu Le Trung advised Shinsei Bank on its 49% purchase of MCredit, turning it into a joint venture with former sole owner Military Bank.¬†Tran Tuan Phong¬† and counsel Nguyen Vu Quynh Lam handled Siam City Cement's purchase of LafargeHolcim's 65% stake in Holcim Vietnam for ‚ā¨460m. Bui Ngoc Anh advised an international oil company on the sales of its Vietnamese LPG distribution and processing business and Thang Long LPG. Nguyen Quang Hung assisted Sumitomo Mitsui Trust Bank with purchasing 49% of BIDV Finance Company. Vo Ha Duyen¬†and senior associate Nguyen Thi Phuong Nga, who are based in Ho Chi Minh City,¬†advised Nawaplastic Industries on purchasing a further 29.5% of Bin Minh Plastics Company for $102m. Other clients include Vinhomes and leading private equity houses, including Partners Group. Kevin Hawkins¬†is now at ZICO Law. Named individuals are based in Hanoi except where stated otherwise.

Leading individuals

Dang Duong Anh - VILAF

Tran Tuan Phong - VILAF

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Dispute resolution
Dispute resolution - ranked: tier 1

VILAF

VILAF's team handles significant arbitration and litigation for national and international clients. Ngo Thanh Tung, who heads the firm's Ho Chi Minh City office, handles work including vessel arrests, as well as disputes concerning real estate investments. Pham Si Hai Quynh, who is also based in Ho Chi Minh City, is a key name for disputes with maritime elements and is representing the owners of Duyen Hai 1 Thermal Power Plant in a dispute with the operators of a ship which collided with the port, damaging the coal unloader, as well as handling other matters concerning property investments and tax litigation. In Hanoi, Nguyen Duy Linh handles construction and engineering disputes, among others, and is representing a number of leading names in the sector from elsewhere in Asia. Viet My Steel is a client, as are well-known banks, insurers and engineering businesses from elsewhere in Asia and beyond. Counsel Tranh Anh Hien, who is based in Ho Chi Minh City, is also noted.

Leading individuals

Nguyen Duy Linh - VILAF

Next generation lawyers

Tranh Anh Hien - VILAF

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Projects and energy
Projects and energy - ranked: tier 1

VILAF

VILAF's Tran Tuan Phong in Hanoi advises Marubeni on its role as EPC contractor for the 600MW Thai Binh 1 coal-fired power station, and is assisting the same client, as well as KEPCO, as investors of the 1.2GW Nghi Son 2 project. In Ho Chi Minh City, Vo Ha Duyen, together with Ashurst , is advising JBIC as arranger of the financing of the Vung Ang 2 power project. Other work concerns transport projects.

Leading individuals

Vo Ha Duyen - VILAF

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Real estate and construction
Real estate and construction - ranked: tier 2

VILAF

At VILAF, Tran Tuan Phong handles major transactions, while Dang Duong Anh assists with significant Chinese-backed developments; the duo are based in Hanoi. Nguyen Truc Hien advises well-known clients on matters including premium residential developments, and Vo Ha Duyen handles work in the real estate finance space. Clients include Vingroup and CapitaLand. Named individuals are based in Ho Chi Minh City unless otherwise stated.

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Further information on VILAF

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Vietnam

Offices in Hanoi and Ho Chi Minh City

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