Vu Dieu Huyen

Partner
Hanoi

Expertise

Banking
Corporate and M&A
Project Finance

Vu Dieu Huyen focuses on banking and project finance. Huyen regularly advises State-owned banks, joint stock commercial banks and foreign banks on financing and security transactions in Vietnam.

Huyen’s clients include Joint Stock Commercial Bank for Investment and Development of Vietnam, Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vietnam Joint Stock Commercial Bank for Industry and Trade, Vietnam Bank for Agriculture and Rural Development, Military Commercial Joint Stock Bank, Indovina Bank, Industrial and Commercial Bank of China and Citibank N.A., and other commercial banks, foreign bank branches and foreign banks.

Other than banking and project finance, Huyen also advises state-owned entities and other enterprises on general corporate and M&A.

Huyen has been recognised by Legal 500 as “next generation partners” for five consecutive years from 2018 to 2022.

Education

University of California, Berkeley School of Law, International and Executive Legal Education (IELE), Course of Corporation Law (2010)

Hanoi University of Foreign Studies, B.A. (2002)

Hanoi National University, School of Law, LL.B. (2001)

Bar Membership

Hanoi Bar Association

Deals

Banking and Project Finance

Advising a foreign bank in the facility to a Vietnamese-based power company who develops and operates a 50MWp wind power projects located in Gia Lai Province, Vietnam. The deal is on-going;
Advising a foreign bank in the facility to a Vietnamese-based power company who develops and operates a 48MWp wind power projects located in Tra Vinh Province, Vietnam. The deal is on-going;
Advised Rizal Commercial Banking Corporation, a Philippine bank, on a term loan of up to US$211,500,000 for the purposes of partially financing the project for construction of BIM 2 and BIM 3 solar energy power plants with the capacity of 300MWp in Ninh Thuan Province, Vietnam;
Advised Rizal Commercial Banking Corporation, a Philippine bank, on a term loan of up to US$20,700,000 for the purposes of partially financing the project for construction of a solar power plant with the capacity of 30MW in Ninh Thuan Province, Vietnam;
Advised Export-Import Bank of Thailand on credit facilities of up to US$65,000,000 for the purposes of financing two Xuan Tho solar power plant projects with total installed capacity of 99.216MW (2 x 49.608MW) in Phu Yen Province, Vietnam;
Advised PT Semen Indonesia (Persero) Tbk as sponsor in the financing of US$100 million for Cement Thang Long Cement Joint Stock Company as borrower;
Advised a syndicate group of the lenders led by Credit Agricole Corporate and Investment Bank on a term loan of up to US$1.5 billion for the financing of Mong Duong 2 BOT Power Plant, a 1,200MW coal-fired power plant that is located in Quang Ninh Province, Vietnam;
Advised a syndicate led by Joint Stock Commercial Bank for Foreign Trade of Vietnam on a US$690 million facility to finance Lai Chau Hydropower Project;
Advised a syndicate led by Joint Stock Commercial Bank for Foreign Trade of Vietnam on a US$150 million facility to finance the capital contribution by PetroVietnam Exploration Production Corporation (PVEP) into a project of exploration and exploitation of petroleum;
Advised a syndicate led by Joint Stock Commercial Bank for Foreign Trade of Vietnam on a US$120 million facility to finance Cam Pha 2 Thermo-electric Plant Project;
Advised a syndicate led by Vietnam Joint Stock Commercial Bank for Industry and Trade on a US$110 million facility to finance 3G Project of EVNTelecom;
Advised Vietnam Joint Stock Commercial Bank for Industry and Trade on a US$157 million facility to finance the construction of the 500KV Pleiku – My Phuoc – Cau Bong Transmission Line developed by National Power Transmission Corporation;
Advised Vietnam Joint Stock Commercial Bank for Foreign Trade of Vietnam on a US$152 million facility to finance the construction of the 500KV Son La – Lai Chau Transmission Line developed by National Power Transmission Corporation;
Advised Vietnam Joint Stock Commercial Bank for Industry and Trade on a US$100 million facility to finance He Duong Cement Plant Project;
Advised PPF banka a.s. on a EUR100 million facility to finance Phu Son Cement Plant Project;
Advised Joint Stock Commercial Bank for Foreign Trade of Vietnam on financing the purchases by Vietnam Airlines of 4 aircrafts – Airbus and Boeing in 2013, 2014, 2015 and 2016;
Advised Indian Overseas Bank – Singapore Branch on a security transaction for the loan of Minda Vietnam Company Limited for financing project of investment and manufacture of components and spare parts for automobiles and motorbikes;
Advised China Development Bank (CDB) in connection with the due diligence of the Hai Duong BOT Power Project for its intention of financing for this project, a 1,200MW coal-fired power plant that is located in Hai Duong Province developed by JASK Pacific Power Limited;
Advised China Development Bank (CDB) in connection with the due diligence of the Lower Sesan 2 Hydropower Project for its intention of financing for this project, a power plant that is located in Cambodia and developed by a joint venture between EVN International (Vietnam) and Royal Group (Cambodia);
Represented Viet – Lao Power Joint Stock Company as borrower counsel on US$49 million and US$82 million financings arranged by Natixis;
Represented Joint Stock Commercial Bank for Foreign Trade of Vietnam, Joint Stock Commercial Bank for Investment and Development of Vietnam, Vietnam Joint Stock Commercial Bank For Industry And Trade (VietinBank) and Vietnam Bank for Agriculture and Rural Development as lender counsel on the financings of a number of power, cement, real estates and other infrastructure projects in Vietnam, including among others:

– the US$ 435 million financing of the construction of the Hoa Phat Dung Quat iron and steel production complex in Quang Ngai Province;
– the US$ 130 million financing of the international terminal of Cam Ranh International Airport in Nha Trang Province;
– the US$ 74 million financing of the project of residential area in Gia Lam, Hanoi of Comaland Investment And Development Real Estate Joint Stock Company;
– the US$110 million financing of the Srepok Hydropower Plant;
– the US$134 million financing of the Nam Chien Hydropower Plant;
– the US$ 89 million construction financing of the An Khe-Kanak Hydropower Plant;
– the US$ 90 million financing of the Song Tranh 2 Hydropower Plant;
– the US$ 220 million financing of the Huoi Quang Hydropower Plant;
– the US$ 145 million financing of the Ban Chat Hydropower Plant;
– the US$142 million financing of the Hanoi – Moscow Trade Center in Russia;
– the US$75 million financing of the Ecopark Urban Area Project;
– the US$90 million financing of the Thai Binh BT39 Road;
– the US$90 million financing of the Cong Thanh Cement Plant;
– the US$224 million financing of the Dinh Vu Polyester Fiber Plant; and
– the US$89 million financing of the Trade Center, Office Building and Apartments in 302 Cau Giay Street, Hanoi.

Represented An Binh Joint Stock Commercial Bank, Military Joint Stock Commercial Bank, Petrolimex Group Commercial Joint Stock Bank, Tien Phong Joint Stock Commercial Bank and Petro Vietnam Joint Stock Finance Corporation as lender counsel on the financings of a number of industrial and real estate projects in Vietnam, including among others:

– the US$ 235 million financing of the Vinh Tan 4 Extension Thermal Power Plant;
– the US$80 million financing of the TAD Drilling;
– the US$77.5 million financing of the Van Phong Bonded Petroleum Terminal;
– the US$15 million financing of the Vincom Tower in Hanoi;
– the US$3 million financing of the Dong A Food Plant; and
– the US$2.3 million financing of a real estate of Licogi 19 Joint Stock Company.

Huyen also assisted a number of international banks, such as Citibank N.A., and Standard Chartered Bank on other banking and finance issues such as bank accounts, e-banking and SMS banking.

Corporate and M&A

Advised PetroVietnam Insurance Corporation (PVI) as seller on the sale of a strategic stake to Oman Investment Fund;
Advised PVI Holdings as the seller on the sale of a strategic stake to Talanx;
Advised Vietnam Airlines on bidding the selection of international financial consultant for Vietnam Airlines’ equitization;
Advised Vietnam Airlines on the conversion of VN/CX Catering Services into one member limited liability company;
Advised Leader Group – a Malaysian group on purchasing shares in a Vietnamese Company operating in energy industry;
Advised Military Bank in the establishment of an insurance joint venture company; and
Advised Export-Import Bank of Thailand in the establishment of its representative office in Vietnam.

Market Recognition

Rankings