IFLR1000 Reviews

Financial and corporate

Established in 1999, YKVN is one of the clear market leaders in the financial and corporate space in Vietnam. The firm has grown to become an independent law firm with over 90 legal professionals in three offices in Hanoi, Ho Chi Minh City and Singapore. The firm’s deep bench is headed by Truong Nhat Quang.  

Highlights  

Recent examples of the firm's work include advising PetroVietnam Power Corporation on a landmark financing for the Nhon Trach 3 and 4 LNG-to-power projects, representing the largest financing from tied ECA lenders in Vietnam's power sector in four years. The transaction is notable for proceeding without a government guarantee, a first in the sector, setting a new precedent for future project developments.  

The firm also advised No Va Land Group, Vietnam's second-largest property developer, on the restructuring of its international bonds listed on the Singapore Exchange. This restructuring was unprecedented in scale and complexity, establishing a benchmark for future restructuring efforts by Vietnamese companies.  

Additionally, the firm represented Masan Group in its issuance of US$250 million in convertible dividend preference shares to Bain Capital Private Equity. This transaction marks the country's first convertible dividend preference share deal.  

Key clients  

Masan Group, Vingroup, Deutsche Bank, JPMorgan, GIC Private Markets, Temasek, Texas Pacific Group, PetroVietnam Power Corporation, Copenhagen Infrastructure Partners, and Export-Import Bank of Korea. 

Testimonials  

Banking and finance 

“Fast, enthusiastic, expertise in the field and usually find solution to overcome issues.”  

“Professional service, in-depth expertise in banking and finance. Delivered service on time as planned.”  

“The personnel at YKVN are highly dedicated, experienced, and knowledgeable. Lawyers and their committed colleagues possess deep expertise and have provided us with enthusiastic and effective support.”  

M&A 

Extremely strategic thinkers, responsive level of service, and highly connected into the key players in the market and in government.”  

“Proactive, thorough and efficient.”  

“YKVN excels in separating issues into small modules then solving them step by step in clear procedures. The team foresees different scenarios and gives advice to clients by weighing the pros and cons.”  

Tuyet Ho 

“She really understands the local regulatory framework and rules.”  

Hai Nguyen 

He is the expert in capital markets, banking and finance, M&A and international trade.”  

“Hai is extremely responsive and meticulous. He can understand the principles quickly and can represent his clients very well.”  

“Professional, dedicated consulting with high technical expertise.”  

Truong Nhat Quang  

“Provides deep industry knowledge and strategic advice. He was fundamental to our transaction being successful.”  

Dieu Huyen Vu 

“She is knowledgeable, hands-on, and supportive.”