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

As one of the largest independent law firms in Vietnam, VILAF often acts as local counsel on major cross-border mandates. Its team is notably adept at handling project finance mandates involving power infrastructure and mining. One of the key contacts at the firm is chairperson Duyen Ha Vo, whose recent work spanned syndicated loan transactions, as well as aircraft financing and leasing, and project finance work. She co-heads practice with Hung Nguyen , who recently advised OCBC Bank on a series of trade loans to a domestic bank. Elsewhere in the group, Phong Tran is an expert in energy and aviation financing. Trung Vu is another key individual.

Practice head(s):

Other key lawyers:

Key clients

Japan Bank for International Cooperation (JBIC)

Grab Holdings, Inc.

KKR Capital Markets Asia Limited

Avolon Aerospace Leasing Limited

Oversea-Chinese Banking Corporation Limited (OCBC Bank)

China Minsheng Bank

Work highlights

  • Advising the arranger, JBIC, and other international lenders as local counsel on the financing of $2.5b Vung Ang 2 BOT power project for the last 10 years.
  • Advising ACWA Power on the financing of the Nam Dinh 1 BOT Thermal Power Plant Project.
  • Assisting Grab Holdings with its $500m financing to Grab Vietnam.

Vietnam > Capital markets Tier 1

VILAF's excellent reputation sees it handle domestic and cross-border IPOs, de-listings, denominated bond issuances and public M&A, among various other mandates. The team, which is jointly led by chairperson Duyen Ha Vo in Ho Chi Minh City and Hanoi-based partner Hung Nguyen, advises a mix of local and international issuers, underwriters and arrangers. Clients also count on the expertise of Phong Tran and Anh Dang, as well as Trung Vu.

Practice head(s):

Other key lawyers:

Key clients

Credit Suisse (Singapore Limited)

Vingroup

SCG Packaging Public Company Limited

BIM Group

Affinity Equity Partners (S) Pte Ltd.

HSBC Bank Vietnam

Work highlights

  • Advised SCG Packaging Public Company Limited on its combination of the Reg S and Rule 144A international offering of shares to investors outside the United States and Thailand.
  • Advised Vingroup on its offering and listing of $500m of exchangeable bonds.
  • Advised Credit Suisse on the proposed tender by NVL for NVL’s existing outstanding $240m convertible bonds.

Vietnam > Corporate and M&A Tier 1

VILAF excels in advising foreign investors on their investments in Vietnam, in addition to assisting them with other corporate issues on an ongoing basis. Reflective of the firm's standing in the market, it acts for multinational corporates such as Marubeni and Toyota, as well as major domestic names such as Vingroup. Hanoi-based partner Anh Dang predominantly handles deals in the renewable and alternative energy sector. He co-heads the practice with Duyen Ha Vo, who is based in Ho Chi Minh City, and acts for clients operating in areas such as food and beverage, fintech and retail, among others. Phong Tran is also recommended.

Practice head(s):

Testimonials

‘The team is organized and takes extra efforts in explaining local legal requirements. They breakdown the steps for us to follow and guide us to achieve the completion of the agreements.’

Ms. Duyen: her involvement in the negotiations helped the commercial team to better understand the overall situation and find an amicable solution.’

Vilaf has a good corporate and M&A practice and is experienced in dealing with foreign investors. Their lawyers have a good command of English which makes for easy communications with foreign clients.’

Key clients

Vingroup

Marubeni Corporation

B.Grimm Power Public Company

CapitaLand (Vietnam) Holdings Pte. Ltd.

SCG Group

Toyota Tsusho Corporation

Shizen Energy

Petronas International Power

LOGOS Group

Scatec Solar

Work highlights

  • Advised B.Grimm and DTE on the $360m demerger of Dau Tieng Tay Ninh Solar Power Projects of B.Grimm Power.
  • Advised Marubeni Corporation on its transfer of 10% of equity capital in the BOT Company in 2x600MW Nghi Son 2 BOT Power Project to Tohoku Electric Power.

Vietnam > Dispute resolution: arbitration Tier 1

VILAF‘s varied portfolio of arbitration work spans real estate, shipping and education, among many other sectors. Its team has a strong track record in high-value cases at the Vietnam International Arbitration Centre, and it is also adept in handling the enforcement of foreign arbitral awards in Vietnam. In addition, the group regularly handles matters heard at the Singapore International Arbitration Centre. Tung Ngo leads the team at the Ho Chi Minh office and is supported there by Quynh Pham and Hien Tran. Linh D. Nguyen is the main partner in the Hanoi office.

Practice head(s):

Other key lawyers:

Key clients

Keangnam Enterprises, Ltd.

Jones Lang LaSalle Property Consultants Pte Ltd

MindChamps Preschool Limited

Pilmico Vietnam Company Limited

Quang Ninh People’s Committee

Aeroflex Industries Limited

3A Nutrition (Vietnam) Company Limited, a subsidiary of Abbott Laboratories

CapitaLand Limited

Work highlights

  • Advised Global Payment Service and UTC Investment on a dispute between the claimant as a buyer and the respondent as the seller in relation to the purchase of shares in a Vietnamese company.  
  • Advised Au Lac Corporation on dealing with the consequences of a massive series of explosions on the Aulac Fortune.

Vietnam > Dispute resolution: litigation Tier 1

VILAF's varied workload includes insurance claims, as well as contentious matters relating to construction contracts, commercial agreements and IP infringements. One of the names to note at the firm is managing partner Tung Ngo, who has experience of acting for clients from sectors such as real estate, insurance and shipping. He co-heads the practice with Linh D. Nguyen, who has a strong track record in landmark litigation cases. Also recommended are Quynh Pham and Hien Tran.

Practice head(s):

Other key lawyers:

Key clients

Keangnam Enterprises Ltd.

Schneider Electric

Mondelez International AMEA Pte Ltd and Mondelez Kinh Do Vietnam Joint Stock Company

ASK International Co., Ltd.

Dubai Aerospace Enterprise Ltd.

3A Nutrition (Vietnam) Company Limited

Pegas Vietnam Company Ltd.

Lucky Communication Equipment Import Export Corporation

Magnussen Logistics Co., Ltd.

Work highlights

  • Advised Keangnam Enterprises Ltd. in relation to a dispute with AON Vietnam in an EPC contract.
  • Advises Mondelez on IP infirngement issues.
  • Advised ASK International on a copyright license dispute.

Vietnam > Projects and energy Tier 1

VILAF handles some of the biggest projects in the market, particularly in relation to LNG, renewable energy and power projects. The team includes Hanoi-based partners Phong Tran and Anh Dang , both of whom are highly skilled in assisting overseas investors with the financing aspects of energy and infrastructure projects. The co-head the practice with Duyen Ha Vo, who is based in Ho Chi Minh City, and focuses on corporate transactions and joint ventures.

Practice head(s):

Other key lawyers:

Testimonials

They are very knowledgeable about the sector. They gave us the full picture of the issue, possible solutions (with analysis) and are quite flexible in billing. Meeting deadlines is a strength as well.

They are so professional individually, being specialized in the energy sector.’

In-depth and practical advice.’

Very deep and knowledgeable team at Vilaf.’

Key clients

Marubeni Corporation

AES Corporation

Sumitomo Corporation

Scatec Solar

SCG Chemicals and Long Son Petrochemicals

BIM Power

Toyota Tsusho Corporation

Shizen Energy

Armstrong Asset Management Pte. Ltd.

Trina Solar Investment Pte. Ltd.

ACWA Power

B.Grimm Power Public Company Limited

Work highlights

  • Advised Marubeni on the development of the Omon II 750MW Gas Fired Power Project
  • Advised SCG Chemicals  on the development, financing and derivative transactions of $5.4bn Long Son Petrochemicals Project.
  • Advised Toyota on the acquisition of 35% of the shares of VINACONEX in Northern Electricity Development and Investment JSC No. 2.

Vietnam > Labour and employment Tier 2

VILAF is a go-to for many domestic and international companies, with its team having extensive experience of major terminations, restructurings and unfair dismissals, as well as work permit issues. The team is jointly led by managing partner Tung Ngo; Linh D. Nguyen. Another name to note is Quynh Pham , who acts for clients in sectors such as shipping, real estate and food and beverage.

Practice head(s):

Other key lawyers:

Key clients

Prudential Vietnam Assurance Private Ltd.

ANZ Bank

Schneider Electric

Magnussen Logistics Co., Ltd.

Ikea Services (Vietnam) Co., Ltd.

Novus International, Inc.

3A Nutrition (Vietnam) Company Limited, a subsidiary of Abbott

BW Industrial Development Joint Stock Company

British Council

CPA Australia

Work highlights

  • Advised CPA Australia Ltd on various labour issues in Vietnam including solutions to terminate labour contracts with its employees.
  • Advised Schneider Electric IT Vietnam Limited on an employment dispute.

Vietnam > Real estate and construction Tier 2

VILAF has core strengths advising on real estate investment transactions, EPC contracts and capital markets transactions used to finance construction projects. Nguyen Truc Hien in Ho Chi Minh City co-heads the practice with Hanoi-based partner Anh Dang.

Practice head(s):

Key clients

Vingroup

CapitaLand (Vietnam) Holdings Pte Ltd.

KKR Capital Markets Asia Limited

Nam Long Group

LOGOS Group

Jones Lang LaSalle Property Consultants Pte Ltd

BW Industrial Development Joint Stock Company

Credit Suisse

BIM Land JSC

Work highlights

  • Advised in Vingroup’s offering and listing of its $500m worth of echangable bonds.
  • Advised CapitaLand on the $300m investment in an office and commercial complex being part of Vinhomes Metropolis.
  • Advised KKR Capital as arranger and the original lenders in structuring a syndicated term loan facility to finance KKR investment entities in the US$650 million investment in Vinhomes, a subsidiary of Vingroup

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.