Real estate and construction in Vietnam

Baker McKenzie's real estate practice has expertise in complex and high-value transactions and advisory work to developers. The multidisciplinary team led by Fred Burke also has experience in real estate finance and relevant tax matters. Special counsel Gia Long Nguyen focuses on hotels and resorts, including handling transnational work in this space and Richard Kim in Hanoi is popular among Korean clients.

Practice head(s):

Fred Burke

Other key lawyers:

Gia Long Nguyen; Richard Kim

Testimonials

The team is responsive, has good industry knowledge and gives pragmatic advice.’

‘Fred Burke and Gia Long Nguyen are extraordinary in always being on top of things and their industry knowledge. They offer pragmatic advice and are able to connect locality with international clients like ourselves.’

Key clients

Viglacera Land

HTL International

Wyndham Destinations Asia Pacific

Nam Ninh Trading and Investment Co. Ltd.

Hotel Plaza Company Limited

Tiyasiri

Mandarin Oriental

Fifth Avenue Vietnam Properties LLC

Phu Long Real Estate Corporation

Work highlights

  • Advised Viglacera Land on a hotel management agremeent concerning a project on Quan Lan island.
  • Advised HTL International on a transaction involving a 13ha industrial estate in Binh Duong province.
  • Advised Wyndham on the bulk sale and purchase of 70 vacation club memberships to a Vietnamese developer for inclusion in condominium purchase benefit packages.
  • Advising Nam Ninh Trading and Investment, which currently owns The Reed Hotel in Ninh Binh, on entering into hotel management agreements with Melia Hotels International.

Rajah & Tann LCT Lawyers covers a continuum of work in the space ranging from large deals through to construction disputes. Group head Vu Thi Que is instructed by major developers and Chinese and Japanese investors into the Vietnamese real estate. Tran Thi Phuong Thao undertakes vast transactional work in this space across industry sectors. Construction and property arbitration matters are handled by foreign counsel Logan Leung.

Practice head(s):

Vu Thi Que

Other key lawyers:

Logan Leung; Tran Thi Phuong Thao

Key clients

Mapletree

Keppel Land

AECOM

DP Architects

Work highlights

  • Advised Mapletree Logistics Trust on its SG$43m purchase and lease back of warehouse facilities in Binh Duong province from Unilever.

At ZICO Law, the team is skilled in handling a large number of complex real estate-related transactions, including for foreign investors. The firm's Hanoi office managing partner, Phuong Nguyen, has expertise concentrated in structuring development projects and acquisitions for a client base including Japanese companies. Tay Zi Li advises property developers on acquisition and project finance matters. The team also contains Kevin Hawkins and Phuc Nguyen. Named individuals are based in Ho Chi Minh City unless otherwise stated.

Practice head(s):

Phuong Nguyen,

Other key lawyers:

Tay Zi Li; Kevin Hawkins; Phuc Nguyen;

Key clients

HongKong Land Ltd

Sotetsu Holdings Inc

Work highlights

  • Advising Hongkong Land on a mixed-use project in a prime location in the central district of Ho Chi Minh City.
  • Advising Sotetsu Holdings  on a hotel project in Vietnam.

At Allen & Overy LLP,  Duc Tran handles large cross-border investments for investors from elsewhere in ASEAN, as well as real estate finance and work for real estate funds. Managing partner Adam Moncrieff's broader finance practice includes real estate finance and Hai Ha is a notable senior associate.

Practice head(s):

Duc Tran; Adam Moncrieff

Other key lawyers:

Hai Ha

Key clients

VinaCapital

Gaw Capital Partners

China Fortune Land Development (CFLD)

CapitaLand

Work highlights

  • Advised CapitaLand on its SG$81.4m million purchase of a residential site in District 2 of Ho Chi Minh City.

Frasers Law Company's real estate practice provides clients, including foreign investors, with a full service around real estate deals. Led by Mark FraserJustin Gisz is the name to note for construction law advice. Hotels are one area of expertise.

Practice head(s):

Mark Fraser; Justin Gisz

Other key lawyers:

Vo Ngoc Minh Truc

Key clients

Ascina Capital

Cushman Wakefield

VinaCapital

Theodore Alexander

NVT Consulting Co., Ltd.

Navitas Ltd.

ON Semiconductor/V Trac

OFO

Advantage Partners

Bacardi Vietnam

VINA-CPK Co. Ltd.

Kimball Electronics

Origin Energy Australia

Work highlights

  • Advised InterContinental Hotels Group on its IHG Ha Long Bay project.

Real estate and construction are core areas for VILAF, which handles multimillion-dollar transactions led by practice heads Nguyen Truc Hien and Dang Duong Anh. Notable expertise includes real estate financing, contracts and advisory work to long-standing sector-leading clients. In the Hanoi office, Tran Phong represents international sponsors and lenders on large scale-work and is reputable in advising international business on restructuring.

Practice head(s):

Nguyen Truc Hien; Dang Duong Anh

Other key lawyers:

Tran Tuan Phong

Key clients

CapitaLand

Vingroup

VinaCapital Group

Gamudaland

Creed Group

Hoa Lam

Nam Long Development Corporation

NoValand

Hoa Lam

Work highlights

  • Advising Creed Group in relation to its investment in a residential complex project in Vietnam.
  • Assisting Marubeni Corporation in relation to a claim against An Hoa Paper in an EPC contract.

ATS Law Firm has experience advising clients on development projects and real estate transactions.  Vu Thi Thu Ha advises foreign investors, and Hanoi-based Tran Minh Chau is also a key member of the team.

Work highlights

  • Assisting Phu Hai Son on management contracts concerning a complex of 5-star hotels, resorts and condominiums in Nha Trang with an affiliate of the Accor Group.

Audier & Partners Vietnam L.L.C. regularly advises construction companies, developers and investors on projects and transactions. Nicolas Audier is the key name in the practice, as is Bernadette Fahy in Hanoi who has a specialism in advisory work to the hotel industry.

Practice head(s):

Nicolas Audier

Other key lawyers:

Bernadette Fahy

Key clients

Accor

Central Group

Neovia

DFDL Legal & Tax has experience in various real estate developments. Managing director Jérôme Buzenet leads the team, which handles advisory work on land acquisition, construction contracts and joint venture agreements. Tran Thi Vu Hanh advises foreign investors investing in Vietnam and elsewhere in the region; head of the Hanoi office Huynh Dai Thang is also active.

Practice head(s):

Jerome Buzenet; Tran Thi Vu Hanh

Other key lawyers:

Huynh Dai Thang

Key clients

Belt Road Capital Management

APX Capital Limited

Coco Beach

Work highlights

  • Advised Belt Road Capital Management on its investment in a real estate project in Ho Chi Minh City.
  • Advised Coco Beach on the sale of its project company.

At Nagashima Ohno & Tsunematsu, Hanoi-based Keigo Sawayama and Motohisa Nakagawa in Ho Chi Minh City undertake cross-border real estate matters for Japanese investors. This includes development projects, investments in existing buildings, leasing advice and construction matters.

Key clients

Tokyo LLC

Takara Leben Co., Ltd.

Work highlights

  • Advising Takara Leben on an investment in a company building two condominium buildings in Hai Phong.

Nishimura & Asahi's real estate team provides advice on construction and investment deals for a range of Japanese clients. Kazuhide Ohya oversees the Ho Chi Minh City office, and Taro Hirosawa in Hanoi has wide-ranging experience in cross-border transactions. Hikaru Oguchi is the main partner to contact.

Practice head(s):

Hikaru Oguchi

Vina Legal has experience advising clients on urban development projects. Hanoi-based managing partner Duong Quang Long and Nguyen Bao Huy make up the core team.

Key clients

Colas Rails S.A

Vinh Tan 1 Power Company

Aon Vina Co., Ltd

BS Heidelberg Group

Sunshine Group

Vietnam National Textile and Garment  Corporation

Thaigroup

VIG Group

Vietnam Multimedia Corporation

Cuu Long Infrastructure Development and Project Management Corporation

Power Consulting Joint-Stock Company