Banking & Finance: Capital Markets
Asia-Pacific Guide 2024 : Vietnam
Band 2
Email address
[email protected]Contact number
+84 28 3822 1717About
Provided by Allens
Allens' Vietnam Banking & Finance practice is best known for their work on the largest and most complex financings in Vietnam.
We have experience in financing major resources, power and infrastructure projects including the Nghi Son Refinery Project, Vung Ang II and Vinh Tan III power plants.
We are also known for cross-border complex financing, including debt/equity instruments such as convertible bonds. We regularly work with Linklaters 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 and investment funds, and multilateral organisations.
Our practice has a strong regulatory/compliance focus and we regularly advise banks and insurance companies on issues arising for their business in Vietnam.
In the capital markets space, we advise on a wide range of transactions, acting for sellers, sponsors, issuers, and lead managers across debt, equity and hybrid transactions. Our broad expertise helps us create novel solutions for clients via new financial instruments or creative use of existing products.
Our global alliance with Linklaters means that we regularly advise on the Vietnamese elements of multi-jurisdictional transactions across the region. Linklaters' strong track record of advising a wide range of blue chip companies and major investment banks combined with Allens' on the ground expertise makes a compelling case for clients.
Chambers Review
Allens is noted for working on the financing of major resources, power and infrastructure projects in Vietnam, while also assisting with debt and structured finance mandates. The team provides additional legal expertise in relation to trade financing and acquisition financing, as well as regulatory issues. The team's significant domestic offering is supplemented by the firm's continued regional cooperation with Linklaters. Allens demonstrates further capabilities assisting clients in the capital markets sphere, advising on bond investments and share acquisitions. The firm's client roster features Credit Suisse, Deutsche Bank and BDO Unibank.
Work Highlights
- Allens advised Credit Suisse, in its role as lead arranger, facility agent and security agent, on its term loan facilities to Vingroup and Vinfast.
- The firm also assisted Dragon Capital and VinaCapital with a USD103 million pre-IPO investment in real estate developer Hung Thinh.
Strengths
Provided by Chambers
"We get lots of support from Allens. The firm is very responsive and gives practical help to come up with solutions."
"They are completely up to date on the latest rules and regulations, and fully aware of the commercial implications."
"We get lots of support from Allens. The firm is very responsive and gives practical help to come up with solutions."
"They are completely up to date on the latest rules and regulations, and fully aware of the commercial implications."
Notable Practitioners
Linh Bui is a recognised presence in the market, based in the firm's Ho Chi Minh City office. She regularly acts for an international clientele, handling bond investments, block trade transactions and regulatory advice.
"She is very smart, energetic and supportive."
"She is an excellent lawyer who is highly professional and responsive, with deep market knowledge."