VILAF > Hanoi, Vietnam > Firm Profile

VILAF
6TH FLOOR, HCO BUILDING (MELIA)
44B LY THUONG KIET STREET, HOAN KIEM DISTRICT
HANOI
Vietnam

Vietnam > Banking and finance Tier 1

VILAF has a ‘fantastic ensemble of specialists’ and is a ‘go-to firm in Vietnam’, providing both international lenders and sponsors with support on cross-border financing transactions, as well as advising on business structuring and regulatory mandates. Duyen Vo leads the team from the firm’s office in Ho Chi Minh City alongside Hanoi- based Hung Nguyen. Vo is active in energy project financings, syndicated loans, and secured financing, and Nguyen handles syndicated and bilateral financing, as well as regulatory matters. Phong Tran is an expert in project and asset financing and Trung Vu is another key member of the team.

Practice head(s):

Testimonials

‘Fantastic ensemble of specialists and a go-to firm in Vietnam.’ 

‘Great people with good collaboration and deadline commitment.’ 

‘Hung Nguyen always advises in a timely manner with detailed and practical advice.’ 

Key clients

Citigroup

Grab Holdings

BNP Paribas

Crédit Agricole Corporate and Investment Bank

DBS

Apple Bank

HSBC

SACE S.p.A.

Novaland Group

JBIC

VAPCO

Avolon Aerospace Leasing Limited

Mashreqbank PSC

Vietinbank

ST Engineering Aerospace

Credit Guarantee and Investment Facility

Work highlights

  • Advised JBIC, KEXIM, NEXI and other international lenders on the $1.8bn financing of Vung Ang 2 BOT power project.
  • Advised Citigroup on the sale of its retail banking business to United Overseas Bank, which is part of Citigroup’s $3.7bn package deal with UOB
  • Advised KKR Capital as arranger and the original lenders in structuring a syndicated term loan facility to finance KKR investment entities in the $650m investment in Vinhomes and in drafting and negotiating the security documents.

Vietnam > Capital markets Tier 1

At VILAF, the well-established capital markets team is active in advising domestic and international issuers, underwriters and arrangers on IPOs, structured de-listings, and denominated bond offerings, amongst other high-profile matters. In the firm’s Ho Chi Minh City office, Duyen Vo leads the practice alongside Hanoi-based Hung Nguyen. Phong Tran is noted for his expertise in IPOs and international bonds, while Anh Dang and Trung Vu are also key contacts in the team.

Practice head(s):

Other key lawyers:

Key clients

Vingroup

Vinpearl JSC

Credit Suisse Limited

BIM Land JSC

IFC

LeapFrog Investments

DEG

BIDV

Techcombank Securities JSC

Hung Thinh Land

Mavin Corporation Joint Stock Company

Nam Long Investment Corporation

Work highlights

  • Assisted Vinpearl JSC on its issuance of $425m Exchangeable Sustainable Bond.
  • Assisted Vingroup in its offering and listing of $500m 5% Exchangeable Bond due 2026 on SGT-ST.
  • Acted for IFC, LeapFrog Investments, and DEG in their $165m investment in convertible Tier 2 bonds issued by Ho Chi Minh City Development Joint Stock Commercial Bank.

Vietnam > Corporate and M&A Tier 1

Commended for its ‘impressive knowledge of the local laws and regulations’, VILAF is highly adept at handling large and complex cross-border M&A transactions, as well as joint ventures and demergers. Hanoi-based partner Anh Dang, whose practice focuses primarily on the energy sector, jointly leads the team alongside Duyen Vo, who is based in the firm’s Ho Chi Minh City office and is well-equipped to handle transactions in the infrastructure and financial services arenas. Phong Tran and Anh Bui are also key contacts in the practice.

Practice head(s):

Testimonials

‘The team is structured, dedicated and well-organised. The professional advice is spot on and timely.’

‘Impressive knowledge of the local laws and regulations, attentive to client’s needs, quick turnaround time on assignments, and have English-speaking professionals.’

Key clients

Citigroup

Mitsui & Co., Ltd.

Credit Suisse

SCG Packaging

Vingroup

EMart Inc.

Shizen Malaysia Sdn Bhd

Warburg Pincus Asia LLC

SVP Worldwide

L Catterton

Gamuda Land

Work highlights

  • Advised Citigroup on the sale of its Vietnam retail banking business to United Overseas Bank, which is part of Citigroup’s $3.7bn strategic transaction with UOB covering Vietnam, Malaysia, Indonesia and Thailand.
  • Advised Mitsui & Co. on the acquisition of 27.5% equity stake of Mainstream Renewable Power Ltd.

Vietnam > Dispute resolution: arbitration Tier 1

VILAF skilfully supports international clients in the maritime, finance, construction, energy and real estate sectors in proceedings in the VIAC and SIAC. It handles a range of disputes, including insurance claims, construction contracts, deposits claims, employment terminations, vessel collisions and claims for loss of cargo. Tung Ngo and  Linh D. Nguyen co-lead the team from Ho Chi Minh and Hanoi respectively. Quynh Pham and Hien Tran are also of note, representing clients in various arbitration forums.

Practice head(s):

Other key lawyers:

Key clients

Mindchamps Preschool Limited

Pilmico Vietnam Company Limited

Berhero Pty Limited

Global Wise Investment Pte. Ltd

Capitaland Limited

Sumitomo Mitsui Construction Co., Ltd.

Cienco4 Group Joint Stock Company

Marubeni Corporation

Aeroflex Industries Limited

Jones Lang LaSalle Property Consultants Pte Ltd.

Work highlights

  • Advised Au Lac Corporation in VIAC arbitration proceedings regarding the explosion of Aulac M/V Fortune.
  • Advised Pilmico Vietnam Company in VIAC arbitration proceedings regarding an embezzlement case relating to its chief accountant.
  • Advised Capitaland on the termination of a joint venture agreement regarding the development of a residential condominium.

Vietnam > Dispute resolution: litigation Tier 1

VILAF‘s dispute resolution team covers a broad range of practice areas, including disputes in the maritime, finance, construction, energy, real estate, and hospitality sectors. The group is also adept at handling insurance claims, construction contract disputes, employment issues, and fraud investigations. Tung Ngo in Ho Chi Ming City leads the team alongside Hanoi-based Linh D. Nguyen; Ngo has significant experience advising clients on insurance, shipping, real estate and manufacturing matters, while Nguyen handles disputes involving leases, contract law, and trading, distribution and employment elements. Hien Tran and Quynh Pham are also notable members of the team.

Practice head(s):

Other key lawyers:

Key clients

3A Nutrition Company Limited

Mondelez International AMEA Pte Ltd

Mondelez Kinh Do Vietnam Joint Stock Company

Pegas Vietnam Company Ltd

Work highlights

  • Assisting Mondelez with dealing with infringements on intellectual property rights.

Vietnam > Projects and energy Tier 1

VILAF is active across a broad spectrum of mandates, including LNG to power projects, renewable energy projects, and project financing. In the firm’s Hanoi office, Phong Tran has experience advising both lenders and sponsors on BOT and infrastructure projects, while Anh Bui has expertise in corporate matters. Ho Chi Minh City-based Hien Nguyen and Anh Dang, who operates from the firm’s Hanoi office advise on M&A transactions in the energy and natural resources sectors, and Ho Chi Minh City-based Duyen Vo focuses on project financings.

Practice head(s):

Other key lawyers:

Testimonials

‘The team has rich experience and deep knowledge in the field.’

Key clients

Marubeni Corporation

Sumitomo Corporation

AES Corporation

Fecon

ACWA Power

Scatec Solar

B. Grimm Power Public Company Limited

Trina Solar Investment Pte. Ltd.

Shizen Energy

VAPCO

BNP Paribas,

Crédit Agricole Corporate

Investment Bank

DBS

Denham Capital

Nexif Energy

Japan Petroleum Exploration Co., Ltd.

ResponsAbility

Dragon Capital Group

Ørsted

Work highlights

  • Advised JBIC and other international lenders in the $1.8bn financing of the Vung Ang 2 BOT power project.
  • Advised B.Grimm Power in the $360m demerger of Dau Tieng Tay Ninh Solar Power Projects.
  • Advised Mitsui & Co. in the acquisition of 27.5% equity stake of Mainstream Renewable Power Ltd.

Vietnam > Real estate and construction Tier 2

VILAF advises developers, financing banks and private equity funds on real estate-related M&A transactions and financings, EPC contracts, and project investment matters. Hien Nguyen in Ho Chi Minh City co-heads the team with Hanoi-based partner Anh Bui; Nguyen has a thriving practice supporting employers and contractors in construction-related contracts. Anh Dang is another key team member, who is skilled in real estate-related financing and corporate mandates.

Practice head(s):

Other key lawyers:

Key clients

Capitaland

Berhero Pty Limited

Global Wise Investment Pte. Ltd

Credit Suisse Limited

Vingroup

Novaland Group

ALMA

Jones Lang LaSalle Property Consultants Pte Ltd.

Sumitomo Mitsui Construction Co., Ltd.

Cienco4 Group Joint Stock Company

Work highlights

  • Advised Credit Suisse on the issuance of Novaland $300m 5.25% international convertible bonds due 2026 in the SGX-ST.
  • Advised Vingroup in the issuance of $500m 5% exchangeable bond due 2026 in the SGX-ST.
  • Advised Novaland Group in structuring the transaction and the security package, and in negotiating the intercreditor agreement with the existing senior lenders and the new junior lender on the facility agreement with Seatown and the security documents for the transaction.

Vietnam > Labour and employment Tier 3

VILAF advises local and foreign companies on various matters: work permits, terminations, organisational restructurings, and employment-related disputes are all within the team’s capabilities. The practice is jointly led by managing partner Tung Ngo and Linh D. Nguyen, both of whom have expertise in dispute resolution matters. Quynh Pham is also a key team member, having acted for clients in the shipping, real estate and food and beverage sectors.

Practice head(s):

Other key lawyers:

Key clients

International Furniture Marketing

3A Nutrition

British Council

ANZ Bank

Novus International, Inc.

CPA Australia

Work highlights

  • Advising International Furniture Marketing on a labour dispute with an ex-chief representative.
  • Advised British Council on unilaterally terminating the contracts with its foreign employees.
  • Advised CPA Australia Ltd on various labour issues in Vietnam, including solutions to terminate labour contracts with its employees.

The firm: With 29 years of experience in Vietnam, VILAF is one of the largest law firms in Vietnam and consistently ranked as a first-tier law firm by The Legal 500 Asia Pacific, IFLR1000, Asia Law and Chambers and Partners.

VILAF has been representing clients in many complex cross-border M&A, large financing and capital markets transactions, and major infrastructure and energy projects in Vietnam. The firm’s long-term clients include, among others, Marubeni Corporation, Mizuho Bank, ANZ, Sumitomo Corporation, Phillip Morris, BNP Paribas, Siam Cement Group, Capitaland, Jollibee Foods Corporation, HSBC, Hoa Lam, Ford, and GM.

VILAF’s experienced team of senior lawyers covers every aspect of business in Vietnam, including foreign direct investment, commercial, corporate, real estate, M&A, banking, finance, capital markets, project finance, infrastructure development, oil, gas and power, construction, trading and distribution, taxation, employment, shipping, litigation and arbitration, intellectual property, technology transfers and life sciences.

Areas of practice
Corporate and M&A: the corporate team of 38 lawyers has handled many of Vietnam’s largest and most complex M&A and restructuring transactions. The corporate team also advises on equitisation, commercial contracts, antitrust, energy, direct investment, insurance, private equity and life sciences. As the largest corporate team in the country, the team is also well capable of assisting multinational clients on all operational corporate matters. Notable matters include: advising Siam City Cement in the $560m acquisition of LafargeHolcim’s 65% shares in Holcim Cement Vietnam; and advising SCG Group in its $440m acquisition of 100% cement businesses in Vietnam Construction Material JSC and in its $250m acquisition of Prime Group.

Banking and finance, and capital markets: the banking and finance, and capital markets team of 18 lawyers advises multinational financial institutions, funds and investors in relation to complex deals in financing manufacturing, acquisition, infrastructure and energy projects in Vietnam, and in securities transactions. VILAF provides advice across a wide range of financial products including asset finance, bonds, international listing transaction, IPO, derivatives, project finance, restructuring, and structured finance. Notable matters include: advising Credit Agricole and ANZ on the transfer of its roles (security agent, onshore account bank, offshore account bank) in the syndicate of lenders financing the Phu My 2.2 BOT power project to ANZ Vietnam Ltd.

Energy and infrastructure: the energy and infrastructure team of 22 lawyers has advised on many of the most complex energy and infrastructure projects, including projects that were the first of their type in Vietnam. VILAF has been advising lenders, sponsors, and buyers in relation to BOT power projects, BOT and BOO water projects, PPP projects, independent power plants, expressway projects, metro line project, and port projects. Notable matters include: advising the sponsors in Nghi Son 2 BOT power project, Vinh Tan 1 BOT power project, the ‘Project Finance Deal of the Year 2016’ awarded by IFLR and ALB.

Real property: the real property team of 15 lawyers is the largest team of real property experts in Vietnam. VILAF advises developers, sellers, and buyers in relation to industrial parks, healthcare parks, mixed-use commercial complexes, mini-town projects, resorts and casinos, and other residential projects. The team also advises on EPC contracts and construction matters. Notable matters include advising Chow Tai Fook and VMS Investment in acquiring 80% of an integrated casino, resorts, and residential project of $4bn in Vietnam.

Dispute resolution: the dispute resolution team has increasingly been involved in dispute resolution by arbitration. VILAF has a strong presence in maritime, finance, investment and construction disputes. VILAF has represented multinational clients in dispute resolutions, by way of out- of-court settlement or before the Vietnamese courts, state agencies or the Vietnam International Arbitration Center, and acts as Vietnamese law expert witness in international litigation and arbitration.

DepartmentNameEmailTelephone
Aviation Phong Tranphong@vilaf.com.vn+84 24 3934 8530
Aviation Anh Danganh@vilaf.com.vn+84 24 3934 8530
Aviation Trung Vutrung.vu@vilaf.com.vn+84 24 3934 8530
Banking and finance Hung Q. Nguyenhung@vilaf.com.vn+84 24 3934 8530
Banking and finance Phong Tranphong@vilaf.com.vn+84 24 3934 8530
Banking and finance Trung Vutrung.vu@vilaf.com.vn+84 24 3934 8530
Banking and finance Anh Danganh@vilaf.com.vn+84 24 3934 8530
Capital markets Hung Q. Nguyenhung@vilaf.com.vn+84 24 3934 8530
Capital markets Phong Tranphong@vilaf.com.vn+84 24 3934 8530
Capital markets Anh Danganh@vilaf.com.vn+84 24 3934 8530
Capital markets Trung Vutrung.vu@vilaf.com.vn+84 24 3934 8530
General corporate and commercial Anh Danganh@vilaf.com.vn+84 24 3934 8530
General corporate and commercial Phong Tranphong@vilaf.com.vn+84 24 3934 8530
General corporate and commercial Linh D. Nguyenlinh@vilaf.com.vn+84 24 3934 8530
General corporate and commercial Hung Q. Nguyenhung@vilaf.com.vn+84 24 3934 8530
General corporate and commercial Ngoc Anh Buianh.bui@vilaf.com.vn+84 24 3934 8530
General corporate and commercial Trung Vutrung.vu@vilaf.com.vn+84 24 3934 8530
General corporate and commercial Lam Nguyenlam.nguyen@vilaf.com.vn+84 24 3934 8530
Corporate and M&A Anh Danganh@vilaf.com.vn+84 24 3934 8530
Corporate and M&A Phong Tranphong@vilaf.com.vn+84 24 3934 8530
Corporate and M&A Ngoc Anh Buianh.bui@vilaf.com.vn+84 24 3934 8530
Corporate and M&A Lam Nguyenlam.nguyen@vilaf.com.vn+84 24 3934 8530
Corporate and M&A Trung Vutrung.vu@vilaf.com.vn+84 24 3934 8530
Real estate and construction Lam Nguyenlam.nguyen@vilaf.com.vn+84 24 3934 8530
Real estate and construction Anh Danganh@vilaf.com.vn+84 24 3934 8530
Real estate and construction Phong Tranphong@vilaf.com.vn+84 24 3934 8530
Real estate and construction Ngoc Anh Buianh.bui@vilaf.com.vn+84 24 3934 8530
Real estate and construction Linh D. Nguyenlinh@vilaf.com.vn+84 24 3934 8530
Dispute resolution Linh D. Nguyenlinh@vilaf.com.vn+84 24 3934 8530
Dispute resolution Ngoc Anh Buianh.bui@vilaf.com.vn+84 24 3934 8530
Insurance Anh Danganh@vilaf.com.vn+84 24 3934 8530
Insurance Linh D. Nguyenlinh@vilaf.com.vn+84 24 3934 8530
Employment Linh D. Nguyenlinh@vilaf.com.vn+84 24 3934 8530
Employment Ngoc Anh Buianh.bui@vilaf.com.vn+84 24 3934 8530
Projects and energy Phong Tranphong@vilaf.com.vn+84 24 3934 8530
Projects and energy Anh Danganh@vilaf.com.vn+84 24 3934 8530
Projects and energy Ngoc Anh Buianh.bui@vilaf.com.vn+84 24 3934 8530
Projects and energy Lam Nguyenlam.nguyen@vilaf.com.vn+84 24 3934 8530
Shipping Linh D. Nguyenlinh@vilaf.com.vn+84 24 3934 8530
TMT Anh Danganh@vilaf.com.vn+84 24 3934 8530
Tax Anh Danganh@vilaf.com.vn+84 24 3934 8530
Tax Ngoc Anh Buianh.bui@vilaf.com.vn+84 24 3934 8530
International trade Ngoc Anh Buianh.bui@vilaf.com.vn+84 24 3934 8530
Number of lawyers : 60
at this office : 35
English
Vietnamese
American Chamber of Commerce (AMCHAM)
World Law Group
Indian Business Chamber in Vietnam (InCham)
Vietnam Business Lawyers Club (VBLC)
Vietnam Business Forum (VBF)
International Bar Association (IBA)
Asia Pacific Loan Market Association (APLMA)

CLIENT: Vincent Wong, Director

COMPANY/FIRM: Fleming International

TESTIMONIAL: Our manufacturing plant moved from China to Vietnam in 2005.  We were fortunate to have known VILAF from the very beginning to help us set up our business here.  Over the years, we have received valuable advice and strong assistance from VILAF to help us sail through the unknown waters.

Last year, we celebrated our 10th year anniversary in Ho Chi Minh City.  Moving a factory to a completely new environment and making it even more successful than ever before wasn’t easy work.  For that we sincerely thank the very professional VILAF team in our special occasion.  Congratulations to VILAF, our true partner!


CLIENT: Alexis de Mecquenem, Partner

COMPANY/FIRM: Development Finance Asia (DFA)

TESTIMONIAL:
Development Finance Asia (DFA) has been extremely satisfied with VILAF’s output and out-of-the-box approach for complex transactions. Team’s dedication and professionalism were critical to our recent successes in Vietnam.

VILAF Promotes New Partner, Counsel, and Senior Associates

VILAF is pleased to announce the promotion of Counsel Lam Nguyen to Partner and Senior Associate Hoang Duong to Counsel.

VILAF is ranked as a Top Tier law firm by The Legal 500

It is our great honor to share that VILAF has again been named a TOP-TIER FIRM in 5 practice areas and recommended in 2 practice areas in The Legal 500 Asia Pacific 2022 Edition, with multiple partners being recognized in the rankings:

VILAF named Asia Pacific Vietnam Law Firm of the Year

On 25 March 2021, VILAF was awarded the Vietnam Law Firm of the Year by IFLR Asia-Pacific Awards 2021. The IFLR Asia Pacific Awards is an international annual awards event that recognizes top performing law firms in the Asia Pacific region focusing on legal innovation in cross-border market transactions. IFLR has over 30 years of experience analyzing the global legal market and has been a market leader in financial law publication for lawyers for financial institutions, corporates, and the private practice.

VILAF names new Hanoi Office Managing Partner

On 18 January 2021, Mr. Ngoc Anh Bui was elected as the new Managing Partner of the VILAF Hanoi Office, succeeding Mr. Anh Dang.