Dang The Duc

Practice Areas

Banking

M&A

Private Equity

Project Finance

Project Development

Restructuring and Insolvency

Career

Dang The Duc is the founder and managing partner of Indochine Counsel. With more than 25 years of experience in business law practice in Vietnam, Duc has extensive expertise advising foreign clients in international and cross-border transactions in such areas of practice as inward investment, corporate & commercial transactions, private equity, M&A, securities & capital market transactions, corporate restructurings, and project financing. Over the past several years, he has been involved in a number of major transactions for leading financial institutions, investment funds and multinational companies. In addition, he has substantial experience in advisory & transactional work for IPR, IT and technology related matters.

Duc has been recognized as a leading lawyer in Vietnam by various international publications such as IFLR1000, Asian Legal Business (ALB), ALB Super 50 TMT Lawyers, Chambers Global, Legal 500 Asia Pacific, Leaders in Law Global Awards, Asialaw Profiles, The In-House Community, The International Who’s Who Legal, The Expert Guide - The World’s Leading Lawyers, The A-List Vietnam’s Top 100 Lawyers (Asia Business Law Journal), Media Law International, and MIP IP Stars.

He is an active speaker for conferences and seminars both in Vietnam and abroad for such legal business topics as M&A, private equity, corporate transactions, securities and capital markets.

Honours

• Named among the Asia Super 50 TMT Lawyers 2022 and 2023 by Asian Legal Business (ALB)

• Named in the Who’s Who Legal for Southeast Asia – M&A, 2022 and 2023

• Named in the A-List Vietnam’s Top 100 Lawyers by Asia Business Law Journal (2020-2023)

• Named among the Asia IP Top 50 IP Experts of Vietnam 2022 by Asia IP

• Recognised as one of the leading Capital Markets & Mergers and Acquisitions practitioners in Vietnam, published in the Banking, Finance & Transactional Law Expert Guide 2021/2022 - The World’s Leading Lawyers

• Named as an IP Star in the Managing Intellectual Property IP Stars Handbook 2015/2016 and 2021/2022

• Named as an Elite practitioner for Corporate and M&A in Asialaw Leading Lawyers 2020/2021 – The Guide to the Asia-Pacific’s leading Lawyers

• Recognised as the M&A Lawyer of the Year by Leaders in Law’s Global Awards 2020 & 2021

• Named as an “In-House Community Commended External Counsel of the Year, 2019” by The In-House Community

Professional Memberships

Ho Chi Minh City Bar Association

International Bar Association

Inter-Pacific Bar Association

LawAsia

International Trademark Association

Asian Patent Attorneys Association

Work Highlights

• Acted as the project team leader / lead legal counsel for a legal review project as engaged by the IFC / WB “Vietnam Legal Review Data Driven Lending - Data Driven Services for Retail and SMEs Lending” for collaboration between a leading local bank and an enterprise tech firm;

• Advised TLC Modular Group in relation to investment by Goldman Sachs Asset Management in TLC Modular, a group with business interests in Singapore, Australia, New Zealand and manufacturing and design facilities in Vietnam;

• Advised Thaco Group in acquisition of 100% stake in E-mart Vietnam and strategic franchising arrangement with E-mart Inc.;

• Advised EQuest Education Group (EQuest) in relation to the investment made by KKR through KKR Global Impact Fund;

• Acted as the lead legal counsel for a study project on early stage financing for innovative start-ups and SMEs in Vietnam “Vietnam Venture Capital and Angel Financing Ecosystem”, as engaged the World Bank Group. This is part of the World Bank’s project in Vietnam: Promoting Innovation in Vietnam – “Vietnam Venture Capital Ecosystem Diagnostic to support Innovative Start-ups and SMEs”;

• Advised Thaco Group in a strategic investment and acquisition of stakes in HAGL Agrico (HNG) and HAGL Land (which develops and owns the HAGL Myanmar Center Project in Yangon, Myanmar);

• Acted as the local team leader for the project “Corporate Governance ROSC Assessment for Vietnam” (2013), an initiative by the World Bank;

• Acted as the local lead counsel for conducting the Legal Analysis for Implementation of Vietnam National Single Window, a project funded by USAID;

• Advised a UK education group for acquisition of an international school in Ho Chi Minh City;

• Advised China Development Bank (CDB) and issued legal opinion in relation to its financing with the value of appx. US$500 million for a high-way project (Hanoi-Hai Phong Highway Project) in Vietnam;

• Advised Tan Tao Corporation in a coal-fired Kien Luong 1 power plant with capacity of approximately 1,200 megawatts in the south of Vietnam, including review / advice on PPA, Government Guarantee, EPC Contract, Coal Supply Agreements, and financing documents for the project. The total investment capital of the project is VND45,792 billion;

• Advised EVN for negotiation of the power purchase agreement (PPA) for the 1200 MW Mong Duong 2 BOT Coal-fired Thermal Power Project;

• Advised Trung Nguyen Group acquire a state of the art factory in Binh Duong Province from Vinamilk, via assets acquisition for a consideration of appx US$40 million.

Languages Spoken

English

Vietnamese