Allens' Vietnam Banking & Finance practice is best known for working on the largest and most complex financings in the country, particularly the financing of major resources, power and infrastructure projects. We have acted on more major projects in Vietnam than any other firm, including continuing to act as both international and Vietnam counsel on the US$9 billion dollar Nghi Son Refinery Project and as Vietnam counsel on the Vung Ang II and Vinh Tan III power plants, three of the largest ongoing projects in the region.
We often take the project company/sponsor role as a result of our 'whole of project' approach where we are engaged at an early stage to assist with establishment and core project agreements. However, we are increasingly acting for arrangers and lenders in these transactions reflecting the extremely strong joint client base of Allens and Linklaters.
We also continue to develop our transactional Banking & Finance practice outside of the project finance space. We are well-known for cross-border complex financing, including debt/equity instruments such as convertible bonds. We regularly team with the Linklaters teams in Singapore, Hong Kong and Thailand to provide advice on the Vietnamese elements of cross-border financings. We give structuring advice on proposed transactions to many international banks.
Our practice has a strong regulatory/compliance focus and we regularly advise banks and insurance companies on issues arising for their business in Vietnam.