The Legal 500

Within Banking and finance, LCT Lawyers is a third tier firm,

‘A fast-growing local firm that meets the requirements of many foreign investors in view of breadth of expertise, response time and reasonable fees’, LCT Lawyers recently helped to establish a Korean finance corporation in Vietnam. It also advised major client Vietcombank as lender on various loans and as borrower on a syndicated inter-bank loan, and advised PetroVietnam Finance Corporation on a $100m ISDA foreign exchange swap with HSBC. Natixis is also a client. Practice head Le Net is ‘a very capable lawyer with deep knowledge of Vietnam law’.

Within Corporate and M&A, tier 4

LCT Lawyers provides good-quality M&A, corporate and commercial advice. It advised Turkish Airlines on setting up in Vietnam; Toyota Tsusho Corporation on an investment into the food-processing industry; and Development Bank of Japan and Daio Paper Corporation on an M&A deal. Hoang Nguyen Ha Quyen co-heads the practice along with Vu Thi Que, who has ‘good knowledge and is a good communicator’ and who joined from an in-house counsel role in February 2011. Both are recommended along with Le Net.

Within Dispute resolution, LCT Lawyers is a second tier firm,

LCT Lawyers’ core strength is in construction contract disputes and debt recovery actions. It is representing WACO at VIAC in a claim relating to a real estate project funded by the World Bank; Viet Capital Securities Corporation in pursuing a stock trader for debts totalling $100m; and Huu Nghi Engineering in construction litigation. Practice head Chau Huy Quang ‘knows very well how to deal with the authorities in Vietnam to get things done; he is also very good in negotiating an out-of-court settlement’. Le Net is ‘a very capable lawyer and is very good at presenting a case that earns him the respect of the audience’.

Within Tax, LCT Lawyers is a second tier firm,

Le Net leads LCT Lawyers’ tax practice, which advises corporate clients on tax treaties, legislation and incentives, and represents clients in disputes.