
Frasers Law Company provides domestic and international clients with ‘strong market insight, technical excellence, and consistent commercial acumen’ across a range of banking and finance matters, with a particular focus on project finance. The firm also advises clients on loan refinancing and restructuring, as well as general bank lending in the infrastructure and fintech sectors. The practice is jointly led by Mark Fraser, an expert in structuring and executing finance transactions, and Ho Thuy Ngoc Tram, who demonstrates a deep understanding of banking regulations and practical financing issues. Duong Thi Mai Huong is a key contact for fintech-related matters, while Pham Thanh Mai advises on cross-border finance transactions.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- ‘A highly responsive team with wide coverage across business law, including regulatory matters.’
- ‘Mark Fraser, Pham Thanh Mai, and Bui Vu Hong Nhung did an excellent job supporting us on complex cross-border and regulatory questions, providing advice that was clear, comprehensive, and to the point.’
- ‘Frasers Law Company’s Banking and Finance practice demonstrates strong market insight, technical excellence, and consistent commercial acumen, delivering clear and pragmatic advice on complex financial, regulatory, and fintech matters.’
- ‘Mark Fraser’s advice was instrumental to the successful launch of our project in Vietnam. His deep understanding of the regulatory and commercial landscape, combined with strategic guidance, helped us navigate complex challenges with confidence.’
- ‘Mark brings a rare blend of legal precision, local insight, and practical judgment, making him an invaluable adviser on high-stakes matters.’
- ‘Frasers Law Company stands out in the Vietnamese market for its deep bench of technically excellent and commercially pragmatic lawyers, delivering advice and execution to an international standard.’
- ‘What sets the team apart is its ability to blend regulatory insight, market practice awareness, and deal fluency, anticipating regulatory concerns and practical implementation challenges rather than offering purely academic advice.’
- ‘The firm offers a strong mix of experienced international practitioners and excellent local lawyers, supporting clients in finding practical commercial solutions within a challenging legal regime.’
- ‘Mark Fraser ensures that advice delivered by his team meets the clarity and quality expected by international clients, while Tram Ho is highly responsive and an effective communicator.’
- ‘The team works collaboratively and seamlessly with in-house counsel, demonstrating responsiveness, clarity, and strategic foresight that makes complex, legally sensitive deals far more manageable.’
Key clients
- Japan Bank for International Cooperation
- Export-Import Bank of Korea
- Sumitomo Mitsui Banking Corporation
- MUFG Bank, Ltd.
- Mizuho Bank, Ltd.
- Shinsei Bank, Ltd.
- Oversea-Chinese Banking Corporation, Ltd.
- DBS Bank, Ltd
- Credit Guarantee and Investment Facility
- Asian Development Bank
- SmartPay
- Hoi An South Development Ltd
- ANZ Bank Vietnam Limited
- Baylin Technologies Inc.
- Fintech Farm Ltd
Work highlights
Act for the lenders on the US$2.75 billion financing of the Nghi Son 2 1200MW coal-fired power generation project.
Advised SmartPay on its Series B fundraising round, supporting the structuring and execution of the capital raise under Vietnamese law.
Acted as Vietnamese legal counsel to Credit Guarantee and Investment Facility, a trust fund of a regional development bank, in connection with the issuance of bonds by one of Vietnam’s largest commercial banks.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Ho Thuy Ngoc Tram
Practice head
Mark Fraser; Ho Thuy Ngoc Tram
Other key lawyers
Duong Thi Mai Huong; Pham Thanh Mai
