Firms in the Spotlight TMT

DNA Vietnam LLC

DNA Vietnam LLC logo

DNA Vietnam LLC (“DNA”) is a boutique corporate law firm that provides legal services across various areas of law related to foreign investment and the operation of business entities in Vietnam.

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TMT in Vietnam

Baker McKenzie

Lauded by clients as the ‘go-to’ firm for TMT matters, especially regarding the regulatory environment, Baker McKenzie is a frequent advisor to some of the globe’s most prestigious technology and media giants, acting on a multitude of instructions that span the entire TMT space. The team possesses an equally impressive domestic and international practice, with astute knowledge of cybersecurity, data protection, and privacy legislation in Vietnam and beyond. Yee Chung Seck co-leads the group and is chiefly regarded for his corporate and M&A expertise, which he utilises on mandates such as market access structuring and licensing, foreign direct investment, and competition and anti-corruption compliance. Fellow team head Manh Hung Tran stands out for his ‘excellent client service’ and ‘proactive and knowledgeable’ approach to regulatory issues. Huyen Minh Nguyen is the ‘star’ of the team and has played a crucial supporting role on a wide array of matters

Practice head(s):

Yee Chung Seck; Manh Hung Tran


Other key lawyers:

Huyen Minh Nguyen


Testimonials

‘Manh Hung Tran is an experienced lawyer and he has provided us with valuable legal opinions concerning banking and finance, e-commerce, etc. We are impressed by his enthusiasm, professional working style and timely responses. He has also sent us emails on legal news which help us stay up-to-date on new regulations.’

‘BM is the go-to firm for regulatory matters in VN. The Hanoi team led by Manh Hung Tran supported by Huyen Minh Nguyen are the regulatory experts.’

‘Manh Hung Tran provides excellent client service and he is a proactive, knowledgable, leading lawyer in TMT for VN; he speaks on behalf of industry/clients in Government meetings etc.’

Key clients

VinaCapital Ventures


UOB Venture Management Pte. Ltd.


Work highlights


  • Advised US-based cloud service provider on ensuring the client’s full compliance with Decree No. 53/2022/ND-CP that guides the Law on Cybersecurity.
  • Assisted a US-based online game developer and provider of one of the most known gaming apps with how to effectively deal with a takedown request from the Authority of Broadcasting and Electronic Information under the Ministry of Information and Communications against the client’s famous gaming app on a mobile app store.
  • Advised a global subscription video-on-demand service provider on the impacts of the newly issued decree of the Vietnamese Government targeting subscription video-on-demand services (“Decree 71”).

Frasers Law Company

Frasers Law Company's TMT expertise is sought out by numerous leading multinational clients seeking elite advice regarding the Vietnamese regulatory landscape. E-commerce, gaming, and gambling are just some of many facets that encompass the group’s far-reaching expertise, and for yet another year the team showcases their excellence at the cutting-edge of telecommunications work, acting on regulatory, licensing, due diligence, and data protection instructions. Praised for the quality of his work and strong client engagement, team head Mark Fraser has been the key lead across the group’s various mandates, with a notable specialism helping foreign technology and media entities launch operations and services in Vietnam. Fellow co-head Justin Gisz has been primarily active in the AI research and development space. Nguyen Mai Phuong is noted for her considerable regulatory understanding.

Practice head(s):

Mark Fraser; Justin Gisz


Other key lawyers:

Nguyen Mai Phuong


Testimonials

‘The firm proved to be knowledgeable in many areas and we obtained regulatory advice on, among other things, technology and marketing business in Vietnam.’

‘We are a UK-based company and it was great to have Mark Fraser bridging the gap between European and Asian cultures and approaches to work. Frasers Law Company team’s diversity offers the clients a much smoother experience when entering the Vietnamese market for the first time.’

‘The team’s expertise is also well-balanced and Frasers Law Company can offer an expert in each required field.’

‘Our request for advice was quite diverse, so Mark Fraser involved experts from different fields, including Nguyen Mai Phuong. Each lawyer seemed very knowledgeable in their respective field and Mark Fraser adopted a very hands-on approach in managing the project.’

‘Mark Fraser is the partner of their TMT practice. We have worked with their team for a decade. Their team consists of a number of experienced TMT lawyers including an expert on data and cyber laws. We have also worked with Frasers on telecoms regulatory issues in Vietnam.’

‘Mark Fraser is responsive and his work quality is good.’

‘Provided business-practical legal advice in TMT sector, and strong in local Vietnamese regulations and law.’

‘Mark Fraser was very impressive.’

Key clients

Abu Dhabi Investment Authority


Airwallex


Asia innovations Group Limited


Aspire


Auctus Capital Partners AG


Mercedes Benz Vietnam


Riot Games Limited


Telio Singapore


Timo


Lexcomm Vietnam LLC

Lexcomm Vietnam LLC is geared to act on the full array of TMT-related issues for a burgeoning roll call of multinational conglomerates that include Microsoft, Uber, and the BBC, as well as a strong list of key domestic clients. The group offers knowledgeable and technical insights into app and e-commerce trading platform launches, data protection and privacy requirements, and multi-million USD M&A deals, as well as a considerable body of contentious work. The team is headed by Nguyen Viet Ha, who has exhibited unprecedented levels of activity over the past year acting across the telecommunication, television, energy, financial services, and gaming industries, and is routinely joined in mandates by Hoang Le Quan, who is steadily building up a formidable portfolio of premium client instructions.

Practice head(s):

Nguyen Viet Ha


Other key lawyers:

Hoang Le Quan


Key clients

Uber Vietnam Limited and Uber B.V.


Microsoft


British Broadcasting Corporation


Robert Bosch (SEA) Pte Ltd


Xiaomi


GoBear


Pitu


Go-Jek, Go-Viet


Temasek


Work highlights


  • Representing Uber Vietnam Limited and Uber B.V. in the economic concentration case before The Vietnam Competition Council.
  • Advising Microsoft on Vietnam regulatory approvals for online programmes.
  • Advising a variety of large multinational corporations on complex Vietnam data protection and privacy regulations.

Rajah & Tann LCT Lawyers

Owing its ability to provide a full-service offering across a wide variety of TMT issues due to both the experience and depth of bench of its practitioners, Rajah & Tann LCT Lawyers houses true regulatory specialists in this space, advising on personal data risk and compliance, telecommunication legislation, licensing and IP arrangements, online business frameworks, and e-commerce concerns. It frequently acts for a wealth of industry titans across the technology, entertainment, and finance and banking sectors. Vu Thi Que spearheads the group and is especially knowledgeable in fintech and software, and has a considerable practice working with emerging start-ups in the region. Thi Que has both a contentious and non-contentious offering and is highly regarded for astute regulatory understanding, working with an enviable list of stellar technology and media clients. Le Quynh Nhi is another practitioner of note who is also recognised for her regulatory and compliance prowess.

Practice head(s):

Vu Thi Que


Other key lawyers:

Logan Leung; Le Quynh Nhi


Key clients

Richemont International SA


HydraFacial LLC


Treasure Data, Inc.


Work highlights


  • Advised Richemont International SA on regulations relating to online trading business, cyber security, data protection and privacy laws.
  • Advised HydraFacial LLC on transferring and collecting personal data as well as the risks and compliance related to data privacy under Vietnamese laws with respect to the provision of the client’s new medical aesthetic product and service in Vietnam.
  • Advised Treasure Data, Inc. on the Transfer Impact Assessment to have an overview of Vietnamese data privacy laws as well as adopted measures and regulations that contribute towards fulfilling the European Essential Guarantees for Surveillance Measures.

Tilleke & Gibbins

Tilleke & Gibbins has a diverse offering in the TMT space, boasting an enviable and extensive list of clients who rely on the firm’s top knowledge of data privacy and protection, e-commerce, cloud computing, IP, and financial and consumer law. Added to this, the firm also possesses a leading domain name practice, helping clients in contentious proceedings, domain name transfers, and retrieving requests. Senior associate Waewpen Piemwichai leads the group and has already established herself as a prominent figure in the market, acting across the full gamut of TMT work, with particularly strong expertise in the fintech space. Anh Hoai Nguyen and Thao Thu Bui represent the impressive cohort of supporting junior practitioners in the group and have been key advisors to a number of differing and premium mandates. Trung Bao Tran left the team to join KPMG Law in Vietnam in August 2023.

Practice head(s):

Waewpen Piemwichai


Other key lawyers:

Anh Hoai Nguyen; Thao Thu Bui


Work highlights


  • Advised a global tech giant on legal issues related to opening its online store in Vietnam, including matters related to TMT, financial, and consumer law.
  • Advised a Chinese online video platform on compliance with Vietnam’s strict broadcasting laws and assisted with an analysis of regulatory exposures for providing its full spectrum of content to Vietnamese users.

DNA Vietnam LLC

DNA Vietnam LLC works with a range of domestic and international clients on both regulatory and transactional issues, including, but not limited to, data protection and privacy concerns, telecom licensing and compliance, fintech payment and distribution agreements and requirements, and data centre service provider joint ventures. Dang Thanh Son leads the group, wielding expertise that largely concentrates on telecommunication work, in which he has wide international experience, and software development. Fellow co-head Dang Chi Lieu focuses on corporate and M&A matters.

Practice head(s):

Dang Thanh Son; Dang Chi Lieu


Key clients

Pywave Network Technology LTD


Advise Viettel Global Joint Stock Company


Coherent Services Vietnam LLC


Work highlights


  • Advise Pywave Network Technology LTD on e-payment regulations of Vietnam, including counselling on current e-payment regulations, updating the new trends in e-payment sector of Vietnam, and providing the client with an analysis of key challenges that new players will need to address.
  • Advised Viettel Global on key issues relating to telecom licenses, e-payment service business and data protection related issues.
  • Advised Ping Pong Global Holdings Limited on e-commerce business and online gaming regulatory matters.

KPMG Law in Vietnam

KPMG Law in Vietnam has been active in e-commerce business activities, cloud service provisions, telecommunication routing, and data protection and privacy instructions, as well as a variety of issues surrounding software production. Added to this, the group demonstrates a solid international reach, including working closely with a variety of Singaporean entities. Leadership duties are split between Geraldine Oh and Amarjit Kaur, with the former focusing on fintech, mobile and telecoms, and data concerns, and the latter on regulatory compliance and M&A transactions.

Practice head(s):

Geraldine Oh; Amarjit Kaur


Work highlights


  • Advised a software production company on legal and tax matters, including assessing the software production process, establishing an IT subsidiary in Vietnam, and drafting IT Service Agreements compliant with Vietnamese laws.
  • Advised a leading global e-commerce company on Vietnamese regulations related to payment collection services and e-commerce business activities, providing comprehensive legal guidance on the regulatory landscape in Vietnam.

YKVN

YKVN is primarily recognised for its M&A, financing and banking, and business structuring advice for Vietnamese technology and media companies, often acting on deals that involve international banks and financial institutions, with e-payment and digital banking mandates representing a key component of the practice. Truong Nhat Quang is the team lead and focuses on complex lending and borrowing issues by utilising his strong financing background, whereas Diep Hoai Nam handles cross-border transactions in this space. Nguyen Van Hai is another practitioner of note.

Practice head(s):

Truong Nhat Quang


Other key lawyers:

Diep Hoai Nam; Nguyen Van Hai