Banking & Finance
Asia-Pacific Guide 2025 : Vietnam
Band 1
Email address
[email protected]Contact number
+84 8 3829 5585About
Provided by Baker McKenzie
We continue to act at the forefront of legislative consultation, guidance and reform in the country. Specifically, we worked on the projects that led to the creation of the current Law on Credit Institutions, Enterprise Law, Notary Law and related decrees. This experience has given us special insight into the legislative intent of these laws and familiarity with the Vietnamese legal authorities who administer them. We singlehandedly pulled together the Chamber of Commerce and other business groups into a working group that ultimately convinced the government to lift the foreign ownership cap for fintech companies. This gives us unparalleled experience in the regulatory aspects of finance transactions, and certainly puts us at least on a par with the experience of the firms VILAF and YKVN LLC (each of which is ranked in Band 1 for both Vietnam B&F and B&F: Capital Markets).
Our clients include leading commercial, merchant and investment banks, dealers and financial intermediaries, mutual funds, insurance companies and other financial institutions, as well as corporate users of credit and financial products.
Our integrated Banking & Finance and Capital Markets practice in Vietnam offers clients comprehensive expertise across a wide variety of debt and equity capital markets matters. This expertise includes advising on domestic and cross-border IPOs, debt issuances and programs, and complex, multi-jurisdictional acquisitions and divestitures involving public companies.
Chambers Review
Baker McKenzie is highly respected for its handling of cross-border legal matters involving major local and international banks and corporates in Vietnam. The team in Vietnam is skilled at advising on various financial services regulations, as well as handling syndicated lending and refinancing. The department is also active on a significant number of capital markets deals, including share acquisitions and private placements.
Work Highlights
- Baker McKenzie represented Standard Chartered Bank as agent and lead arranger in a term loan facility of an amount of up to USD300 million of financing for the THACO Group.
Strengths
Provided by Chambers
"They grasp the problem quite quickly and comprehensively and are able to come up with practical solutions."
"They were easily approachable, very firm on their legal views and had an in-depth knowledge of the subject matter."
"They grasp the problem quite quickly and comprehensively and are able to come up with practical solutions."
"They were easily approachable, very firm on their legal views and had an in-depth knowledge of the subject matter."
Notable Practitioners
Oanh Hoang Kim Nguyen is a well-established banking and capital markets partner in Baker McKenzie's Ho Chi Minh City office. She is involved in the financing of acquisitions, various corporate activities, and real estate and energy projects.
"Oanh Hoang is a very strong partner with good and sophisticated client services."
"She has strong leadership skills and legal expertise."
Phuong Chi Vo is a special counsel in Ho Chi Minh City, and an emerging name in the Vietnamese banking and finance sphere. She has experience assisting major financial institutions as lenders with syndicated loan mandates.
"She has experience and a solution-driven mindset. She prioritises her clients' benefits. I appreciate her support, guidance and patience."
"She provides an in-depth knowledge base and expertise in her respective field of work. She is also very responsive; communication is clear and effective."