Nguyen Huong Giang

Projects and Infrastructure

• PetroVietnam Power Corporation – acting as the borrower’s counsel in connection with the international financing covered by Korea Trade Insurance Corporation (K-Sure) and Swiss Export Risk Insurance (SERV), for the construction of Nhon Trach 3 and Nhon Trach 4 LNG-to-power plants with the total design capacity of 1620MW located in the Dong Nai province. Citibank and ING act as the mandated lead arrangers and global coordinators;
• KEXIM – advising on financing of a large-scale LNG-to-power project in the south of Vietnam with the total investment capital of around US$ 3,128 billion (to be implemented in two phases with the capacity of 1,500 MW for each phase);
• T&T – drafting and negotiating the BOT contract with the Quang Tri people’s committee for a new BOT airport project;
• PetroVietnam – acting for PetroVietnam on a loan repayment agreement in relation to the Nghi Son refinery project;
• Pacific Rim Investment and Management Inc – conducting and presenting a policy research report on risk issues and de-risking solutions for the renewable energy sector, focusing on identifying the risk factors affecting renewable energy projects arising from the activities of government regulatory bodies, including the policy framework and its applicability, licensing, standards/regulations, bankability issues of the model PPAs;
• Enel – on due diligence and acquisition of 2 wind power projects with the total capacity of 300 MW in the Phu Yen province, 2 solar power projects with the total capacity of 250 WWp in the Binh Dinh province, a 50 MW wind power project and a 40MWp solar power project in the Gia Lai province;
• ADB – advising on and assisting two ministries in developing the circular implementing the PPP law and decree via ADB.
• Binh Son refinery – advising on various bidding matters;
• A coal-fired power project in Laos – acting for the sponsors in project development and financing of a power plant of 1,800 MW, a 250 km transmission line and a coal mine for domestic distribution and export;
• Wayu – on due diligence and acquisition of a 10 MW solar farm in the An Giang province, due diligence and acquisition of an operational portfolio of approximately 29 MW rooftop solar assets in various locations;
• A Thai bank – on financing of 2 solar power projects with the total capacity of 60MW, financing of 3 solar power projects with the total capacity of 550MW and financing of a two-phased 60MW wind power project;
• An international investment group – on the due diligence of the project company and sponsors of the largest waste-to-energy project in Hanoi, Vietnam for the purpose of financing;
• A financial institution – on financing of two wind power projects with the total capacity of 57.2 MW;
• A financial institution – on financing of a 13MW waste-to-energy project in the north of Vietnam;
• An US investor – on various regulatory issues and contracts (including turbine supply and installation and maintenance) and its acquisition of a local company operating wind power projects in Vietnam;
• A Vietnamese group company – on the EPC contract on a 40.6MW solar power project in the south of Vietnam;
• The Vietnam subsidiary of a large Thai group company – on the EPC contract on a 30MW wind power project in the south of Vietnam;
• A Belgium investor – on Vietnamese aspects of the EPC contract on a large offshore wind power project in the south of Vietnam;
• A financial services group and investment bank – on a joint US$50m equity investment in Bitexco Power, the owner and operator of a portfolio of hydropower projects across Vietnam;
• A US$ 9 billion foreign invested project – on various aspects of its development, including construction, government support and project financing;
• Two BOT power projects (of 1,200 MW and 1,980 MW) – on government contracting issues, drafting and negotiating project documents, advising on various Vietnamese law aspects of project finance and regulatory issues;
• The Vietnam subsidiary of a large US company – on drafting the EPC contract for a new campus in District 9, HCMC;
• A surface water plant – on drafting and negotiating the equipment procurement, installation and construction contract, drafting the design contract, construction contract, the pipeline procurement and installation contract, and the pipeline installation supervision contract;
• A Cambodian joint venture of Cambodian and Thai investors – on drafting the EPC contract for a waste heat recovery power generation unit in Cambodia; reviewing equipment supply contracts for a new (cement) feed mill project in Cambodia;
• A large Thai company – on the EPC contract for a new grinding plant;
• A refinery (being the first refinery in Vietnam) – acting on procurement of RFCC catalysts;
• An English investor – on the sale of its interest in the Phu My 3 BOT power company;
• A large US company – on various issues in the development of the ~150 bcm Ca Voi Xanh gas field and the investment in gas to power project including upstream, midstream and potentially downstream;
• A large Japanese investor – on the legal framework in Vietnam for BOT/PPP projects and risks involved, providing comments on the legal structure that the investor contemplated for the implementation of the JICA funded Trung Luong – My Thuan Expressway Project;
• A US multinational corporation – on the sale of its interest in Block B offshore Vietnam;
• The operator of Block B – advising on bidding regulations and the operator’s internal procurement regulations;
• The operator of Block B – advising on the gas sale and purchase agreement and gas transportation agreement;
• A large Middle-East company – structuring advice on major infrastructure projects in Vietnam; and
• A foreign bank branch – on its US$ 80 million syndicated loan to a cement factory in Lang Son province

Corporate

• VPBank – acting for VPBank in its sale of 15% of the charter capital to Sumitomo Mitsui Banking Corporation;
• Vingroup – advising Vinhomes Joint Stock Company on the issuance and listing of the US$ 250 million bonds on the SGX in 2023;
• Vingroup – advising Vinhomes Joint Stock Company on the issuance and and sale of the US$ 500 million exchangeable bonds in 2023;
• Masan – acting as the borrower’s counsel for two term facilities of US$ 600 million;
• Staple Street Capital – on due diligence and acquisition of Vexos Vietnam, a company mainly operating in (i) electronic product design, manufacture; (ii) plastic parts assembly; and (iii) metal parts assembly;
• GIC Private Markets Private Limited – on due diligence and acquisition of the Vietnamese subsidiary of Messer SE & Co. KGaA, a company that produces industrial gases;
• An Australian multinational public company – on establishment of a representative office and its alumina refinery project in Vietnam;
• A foreign bank – on acquisition of VIBank;
• A large State-owned insurance company – on its equitization, including on the sale of shares to a foreign strategic investor;
• A German multinational company – on acquisition of shares in PetroVietnam Insurance Company;
• A Hong Kong investment holding company – on establishment of a US$4.8 million garment factory in Vietnam;
• A finance lease company – on issues relating to operating leases;
• Multiple group companies – on various commercial and regulatory issues; and
• The Vietnam subsidiary of a UK based insurance broker – on various policy wording.