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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

Nguyen Truc Hien

Tel:
Work +84 28 3827 7300
Email:
VILAF

Work Department

Real estate, tax, corporate, construction, trade and retail

Position

Hien is recommended by several well-known international legal guides and is known to offer broad expertise in commercial and construction-related work and particularly skilled in high-value real estate projects.  

Hien advises multi-million real estate projects by, among others, CapitaLand, VinaCapital, Prudential, Aseana, Nam Long, Hoa Lam, and follows every step of the first Hi-tech Health-care Park in Vietnam. Hien advises both employers and contractors in construction-related contracts, such as design/consultancy, construction and turn-key contracts.

Hien advises numerous investors (both Vietnamese and foreign) in direct investment, M&A transactions and operational issues in many fields of operation, including retail, e-commerce, consumer goods, automobile, optical, information technology, insurance, telecommunication, feeds and livestock, brewery and beverages, hotel management, catering, construction and construction materials.  

Career

Admitted to the Thai Binh Bar. Seven years' experience with Baker & McKenzie before becoming a partner at VILAF.

Languages

Vietnamese, English

Member

National Council of Vietnam Bar Association.

Education

National University (1994 LLB); Hanoi Foreign Languages (1994 BA); Arizona University, US (2002 LLM).


Vietnam

Real estate and construction

Within: Real estate and construction

Vilaf handles acquisitions of office buildings and residential developments, plus construction disputes. Nguyen Truc Hien is a key name for transactional work, with Vo Ha Duyen and Tran Tuan Phong also involved in this space. Duyen is also a key contact for EPC arbitrations between contractors and project owners. The group provides a full service to real estate clients, and testament to this was Hien’s advice to real estate developer Novaland Investment Group on a bond issuance.

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    On 6/20/2012, the National Assembly voted to adopt the Law on Price (the "LOP") in response to the public demand for an effective legal framework to control price manipulation from dominant enterprises such as gasoline, electricity, etc. The law will take effect from 01/01/2013 and repeal Ordinance No. 40/2002/PL-UBTVQH10 dated 26/4/2002 of the National Assembly Standing Committee (the "Ordinance"), which is conceived as outdated and containing certain provisions contravening the WTO’s regulation. This article describes the main features of the law and provides some insight into its potential impacts on the Vietnamese economy.