Forging Ahead: At the Forefront of
a Digital, Sustainable, and Global Vietnam
Vietnam continues to position itself as a more sophisticated destination for value-added foreign direct investment, underpinned by a strong commitment to sustainability, as evidenced by its pledge to achieve net-zero emissions by 2050. The COVID-19 pandemic further solidifies Vietnam’s role in the global supply chain, while Vietnamese companies expanded their presence internationally.
YKVN remains at the forefront of the legal market, offering cutting-edge, unique legal solutions, and playing a pivotal role in supporting Vietnam’s stakeholders transition to a modern, digital, sustainable economy and reinforcing their integration into the global business arena.
“They produce outstanding results.”
“The standout firm in Vietnam, for its quality, depth and knowledge.”
Chambers
“Their deep bench of lawyers from partner level to associate level is impressive.”
Legal 500
“YKVN continues to be a firm of choice for highly selective international and domestic clients, and it is the only Vietnamese firm with a full-fledged and long-established office in Singapore to handle international arbitration matters.”
Benchmark
2020
VIArb (Vietnam Institute of Arbitrators) Co-Foundation
Sole lawyer delegate of the XIIIth National Assembly and re-elected at the XIVth National Assembly, Partner Nghia co-founds the Vietnam Institute of Arbitrators (“VIArb”), a pioneer initiative aiming at training arbitrators and ADR practitioners in Vietnam.
2020
Law on Public-Private Partnership (PPP)
Created a comprehensive legal framework for PPP projects, essential for attracting investment in large infrastructure and energy projects.
Photo: © VNA / Handout to Xinhua via Getty Images
2020
COVID-19 Pandemic Response
Vietnam strengthens its role in the global supply chain during the COVID-19 pandemic, becoming a resilient manufacturing hub and continuing to attract international companies looking to diversify supply chains.
Photo: © Vietnam News Agency (VNA)
2020
Regional Comprehensive Economic Partnership (RCEP)
Formed the world’s largest free trade area, enhancing trade and investment opportunities with 14 other Asia-Pacific countries, including major economies like China, Japan, and South Korea.
2020
Vietnam Firm of the Year – Chambers
“… provides substantial in-depth local Vietnamese legal expertise, whilst also leveraging its Singapore office when handling cross-border matters […] They produce outstanding results.” It is the third time YKVN has won this award.
2020
“Contract Law – Fundamental Legal Issues” by Managing Partner Truong Nhat Quang
Leveraging on Quang’s deal experience over the past 25 years, this is the first and unique book in Vietnamese that provides insights on all aspects of contract laws in Vietnam focusing on cross-border financing and M&A agreements.
2020
“The First 37 Precedents of Vietnam – Analysis and Discussions” by Dr. Luu Tien Dzung
Leveraging on his unique 30 years’ experience in dispute resolution in Vietnam, Dr. Luu Tien Dzung is sharing his insights in the highly regarded “The First 37 Precedents of Vietnam – Analysis and Discussions”.
2020
US$ 650M KKR Led Consortium’s Investment in Vinhomes
Acted as Vietnamese law counsel to Vingroup in the US$ 650 million investment by a consortium led by U.S. PE firm KKR that includes Singapore’s State investor Temasek Holdings. The deal represents the largest investment in Vietnam by private equity funds at date.
2020
Masan Group’s Acquisition of Vingroup’s Retail and Agriculture Units
YKVN advised Masan Group Corporation (HOSE: MSN) as sole counsel on its acquisition of Vingroup’s retail and agriculture units, VinCommerce and VinEco. This landmark transaction created Vietnam’s largest retail group with an integrated farm-to-store business model, advancing the consumer-retail industry to a regional scale.
2021
Masan in Alibaba & BPEA Led Investment into The Crown X, Vietnam’s Largest Retailing Company
Advised with Milbank the Masan Group in the sale of a 5.5% of stake in the CrownX Corporation (CrownX) to a consortium led by Alibaba Group (“Alibaba”) and Baring Private Equity Asia (“BPEA”). Upon the investment, the CrownX will partner with Lazada to build its digital presence and capabilities and accelerate the offline to online (“O2O”) market in Vietnam.
2021
US$ 1B Swire Beverages Holdings’s acquisition of Coca-Cola bottlers in Vietnam and Cambodia
Advised Swire Beverages Holdings on its US$ 1,015 million acquisition of Coca-Cola bottlers in Vietnam and Cambodia. This transaction is part of Swire Pacific Group’s beverage expansion into Southeast Asia.
2021
Vietnam Commits to Net-Zero Carbon Emissions
Vietnam announces its commitment to achieving net-zero carbon emissions by 2050 at the COP26.
2021
Unwavering Support to Our Teams and Clients During COVID-19
Amid the unprecedented challenges posed by COVID-19, with increasingly strict measures in Vietnam and Singapore, our firm prioritized the health and safety of our employees and community while maintaining seamless service for our clients. At the height of the lockdown in Vietnam, we organized weekly deliveries of fresh goods to all staff, ensuring essential support as we navigated the pandemic together.
2021
Landmark US$ 1.4B Investment by SMFG in VPBank’s FE Credit
Acted as counsel to VPBank in its US$ 1.4 billion sale of a 49% stake in FE Credit to Sumitomo Mitsui Financial Group (SMFG) through SMBC Consumer Finance. This record-breaking transaction represents the largest investment by a Japanese bank in Vietnam’s banking sector and the biggest M&A deal in the industry to date. The partnership with SMFG underscores Vietnam’s growing appeal to global financial players and strengthens VPBank’s position in consumer finance.
2021
Vietnam Firm of the Year at the Benchmark Litigation Asia-Pacific Awards
“YKVN continues to be a firm of choice for highly selective international and domestic clients, and it is the only Vietnamese firm with a full-fledged and long-established office in Singapore to handle international arbitration matters.”
Benchmark
2021
Ministry of Justice Honors YKVN Partners for Pioneering Contributions to Vietnamese Law
In 2021, YKVN partners Truong Nhat Quang, Diep Hoai Nam, and Luu Tien Dzung are honored by the Ministry of Justice for their exceptional contributions to Vietnamese law and the legal profession over the past decade, with YKVN leading in recognition among the 40 awarded practitioners.
2021
Groundbreaking US$ 1.4B Acquisition by SMBC in VPBank’s FE Credit
Advised VPBank as sole counsel in SMBC’s acquisition of a 49% stake in FE Credit, its consumer finance subsidiary, for US$ 1.4 billion. This high-profile transaction marks the largest M&A deal in Vietnam’s financial sector to date and underscores the growing interest of global financial institutions in Vietnam’s dynamic consumer finance market. The strategic partnership with SMBC strengthens VPBank’s market position and expands FE Credit’s growth potential.
2022 – 2024
YKVN Partners in the Legal 500 Arbitration Powerlist Southeast Asia
The highest number of Vietnamese arbitration practitioners on the list: Senior Partner Minh Dang and Partners Truong Trong Nghia, Luu Tien Dzung, Do Khoi Nguyen and Pham Minh Thang.
2021
“Vietnamese Case Law – Analysis and Commentaries” | Book I (2021 Edition) – 43 cases
Updated 2021 edition of YKVN Litigation Co-chair Luu Tien Dzung’s treatise, “Vietnamese Case Law – Analysis and Commentaries – Book I”, published by the Justice Publishing House.
2021 – 2024
YKVN partners amongst 15 ALB Top Asia litigators
Truong Trong Nghia: the only Vietnamese lawyer named among ALB Asia Top 15 Litigators
rewrite to mention both LTD & TTN over the years
2021
US$ 152M Series B funding round of Sky Mavis
YKVN advised Andreessen Horowitz regarding investment with other venture capital firms in Series B funding round of Sky Mavis, the company behind the non-fungible token (NFT) game Axie Infinity, for aggregate investment totaling US$ 152 million. This transaction is believed to position Sky Mavis as the third unicorn of Vietnam, after VNG and VNLIFE.
2022
US$ 1.5B Vietcombank ‘s financing for the Hoa Phat Dung Quat 2 Complex
Advised Vietcombank in US$ 1.5 billion syndicated financing for the Hoa Phat Dung Quat 2 Manufacturing Complex
2023
Vietnam counsel in VinFast’s U.S. listing on the Nasdaq
Advised VinFast, the first automaker and electric vehicle (EV) maker in Vietnam, on its backdoor listing on NASDAQ through a business combination with Black Spade Acquisition Co, which values VinFast at US$ 23 billion. VinFast is the first Vietnamese EV maker with substantially all business and assets in Vietnam to list on an US stock exchange.
2023
US$ 1.5B SMBC acquisition of 15% stake in VPBank
Advised as sole counsel VPBank with Sumitomo Mitsui Financial Group (SMBC) of Japan acquiring a 15% stake for US$ 1.5 billion.
2023
Inaugural Legal 500 SEA Managing Partner of the Year
Truong Nhat Quang becomes the inaugural Vietnamese recipient of the Legal 500 SEA Managing Partner of the Year award 2023
Photo: © M&A forum
2023
Vietnam M&A Forum’s unique recognition
The 15th Vietnam M&A Forum highlighted YKVN’s pivotal role in major transactions from 2009 to 2023, including landmark privatizations and M&A deals. YKVN led 8 of the top 10 value transactions and participated in nearly a third of 30 significant deals during this period, acting as sole counsel in 4 of the 10 billion-dollar M&A transactions.
2023
First Vietnamese Law Firm included in the GAR 100
“The first Vietnamese firm to receive our stamp of approval” (GAR 100)
2024
YKVN Strengthens its DR Leadership
YKVN secures the Sole Outstanding Benchmark Litigation ranking for Vietnam and earns its second inclusion in Global Arbitration Review (GAR).
2024
Revised Edition: Managing Partner Truong Nhat Quang’s “Corporate Law – Fundamental Legal Issues”
Authored by Managing Partner Truong Nhat Quang, this revised edition covers key legal changes, including the Enterprise Law 2020, the Investment Law 2020, the Securities Law 2019, and the 2017 amendments to the Penal Code 2015.
2024
US$ 300M international bonds Novaland restructuring
Advised Novaland on its ongoing financial restructuring, including the US$ 300 million international bonds. This marks not only one of the first instances of a Vietnamese company undergoing a scheme of arrangement, but the first cross-border pre-packed scheme filed by a Vietnamese company at the Singapore International Commercial Court.
2024
US$ 521.5M PV Power Financing for Nhon Trach 3 & 4 Projects
Advised PetroVietnam Power Corporation (PV Power) as lead counsel, alongside Pinsent Masons, in securing up to US$ 521.5 million in tied ECA loans for the Nhon Trach 3 and 4 projects. This landmark transaction, the first of its kind in Vietnam, sets a precedent for future LNG-to-power projects without a government guarantee.
YKVN Honored for 15 years of Legal Excellence
YKVN and three partners—Truong Nhat Quang, Diep Hoai Nam, and Truong Trong Nghia—received recognition from Vietnam’s Ministry of Justice for their outstanding contributions to the legal profession, commemorating 15 years of the Law on Lawyers.
