Capital markets in Vietnam
Allen & Overy LLP
Allen & Overy LLP's capital markets team has a strong offering, primarily handling high-value work work for investment banks, often alongside its Singapore and Hong Kong offices. Duc Tran remains a key name in the practice - he has vast expertise consolidated in advising major financial institutions and debt capital markets as does Adam Moncrieff. The team also advises local clients including leading Vietnamese conglomerates. Tina LeDinh is skilled in advising issuers and underwriters.
Key clients
Vietjet
HSBC
Standard Chartered Bank
CGIF
BNP Paribas
JP Morgan
Work highlights
- Advised the joint bookrunners on the Vinhomes’ $1.3bn Rule 144A initial equity offering and listing on the Ho Chi Minh Stock Exchange.
- Advised the bookrunners on the Techcombank’s $900m equity offering and listing on the HOSE.
Baker McKenzie
At Baker McKenzie, the team under Nguyen Oanh's leadership handles a blend of work in capital markets, advising a range of banks on transactions and regulatory matters. Yee Chung Seck is a key lawyer, as is special counsel Dang Linh Chi in Hanoi, who handles foreign investment and advisory work to banks, much of which is around securities. Associate Pham Thuy Van assists the team with cross-border financing deals.
Practice head(s):
Nguyen Oanh
Other key lawyers:
Work highlights
- Advised HDBank on its $300m initial public offering.
VILAF
VILAF's capital markets team is co-led by Vo Ha Duyen and Hung Nguyen, and handles extensive advisory work for global financial institutions including investment banks. Tran Phong in Hanoi is a name to note for equity capital markets work, acting for a number of well-known Vietnamese businesses in the space. The team is skilled in cross-border transactional work and advises Korean and Singaporean clients. Trung Vu has experience in the issuance of domestic and international bonds and was promoted to the partnership in January 2019.
Practice head(s):
Vo Ha Duyen; Nguyen Quang Hung
Other key lawyers:
Tran Tuan Phong; Vu Le Trung
Key clients
Techcombank
Techcombank Securities
BIDV
Credit Suisse
Vingroup
Work highlights
- Advised Vinhomes on the 144A rule international placement and listing on the Ho Chi Minh City Stock Exchange (HOSE) with the offer value of $1.4 bn.
- Advised Shinhan Securities as arranger of the issuance of VND400bn of secured bonds by GELEX.
YKVN
YKVN
's capital markets team has a strong debt and securities-based practice for Vietnamese businesses and investment banks. Truong Quang, who manages the team, advises large corporations on high-value and cross-border deals along with counsel Nguyen Nam Hung. Vu Dzung has expertise in corporate bonds work. In Hanoi, counsel and banking lawyer Pham Minh Thang splits his time between Singapore and is recommended for corporate advisory work to state-owned Vietnamese banks.
Practice head(s):
Truong Nhat Quang
Other key lawyers:
Key clients
Vinpearl Joint Stock Company
No Va Land Investment Group Corporation
Hoan My Medical Corporation
The PAN Group
GIC Private Limited
Techcombank
Masan Group Corporation
Credit Suisse
Viet Capital Securities JSC
Vingroup Joint Stock Company
Frasers Law Company
Frasers Law Company acts for financial institutions, including investment funds and investment banks on a myriad of matters, including debt and equity capital markets. Key contacts remain Mark Fraser and Justin Gisz.
Key clients
EFG-Hermes UAE Limited
Family Mart
M + W Asia
Ambient Digital
Ascina Capital
Cushman Wakefield
ATC Alloys
VinaCapital
Argex Titanium Inc.
Origin Energy Australia
ACG Education
King & Wood Mallesons
VINA-CPK Co. Ltd.
Wang Jing & Co.
Kimball Electronics
Deccan Value
Daniel Wellington
Allied Down Vietnam Co., Ltd.
New Zealand Consulate General
Grant Thornton Vietnam
Johnson Winter Slattery
NVT Consulting Co., Ltd.
Oriente Finance
Theodore Alexander
Allnex Vietnam
Navitas Ltd.
Bacardi Vietnam
Advantage Partners
OFO