A&O Shearman is positioned to act on premium capital market mandates, including market-first green bond transactions and overseeing IPOs for NASDAQQ listed companies. A key strength is the group’s ability to complement regulatory expertise with an extensive international reach, in addition to its ability to advise on the securities law of a number of different jurisdictions. One of the most eminent figures in the market, group head Duc Tran possesses a truly multifarious practice and is continually sought out by clients for his ability to fuse traditional banking, project financing and capital market acumen together provide holistic, one-stop shop counsel, while Tina LeDinh has experience advising issuers and underwriters on a range of deals with a notable prowess in debt financing.

Handling a high volume of international capital markets mandates, VILAF has demonstrated stellar activity overseeing IPOs in the real estate sector, as well as benefitting from Vietnam’s healthy start-up environment, to which the firm has been a key adviser. Furthermore, leading work regarding green bonds alongside continued excellence in the debt financing space showcases the firm’s wide engagement in this space. Duyen Ha Vo and Hung Nguyen co-head the group, with both individuals possessing a strong international practice that concentrates on the various issues surrounding IPOs. Phong Tran is revered for his banking and financing work in the energy and aviation sectors, and has been active working with multinational investment banks and financial services corporations on a wide array of mandates.

YKVN's DCM and ECM teams have both been highly active over the past twelve months, with the former assisting leading Vietnamese private corporations on multi-billion USD international bond issuances, and the latter heavily involved overseeing IPOs in both the Vietnamese and US markets. The group boasts an enviable record acting on first of its kind mandates in the region, especially regarding exchangeable bonds. Truong Nhat Quang spearheads the team and is intimately familiar with structured financing deals, working closely with a wide array of corporates, funds, and financial institutions, while Vu Dzung is hailed for debt and equity capital markets work. Nguyen Van Hai is building up an impressive portfolio of work that demonstrates experience advising both the underwriter and private corporation in a range of IPOs. Ho Anh Tuyet also comes recommended.

Baker McKenzie ‘has a deep bench of talented partners and associates that are extremely knowledgeable’ across a litany of banking, financing and capital market issues. The group has pulled in a high volume of work surrounding debt issuances and programmes and highly complex loan facilities, working predominantly with a range of domestic and international banks but also demonstrating considerable capabilities acting on the borrowers behalf, which have included premium energy and infrastructure companies. Team head Oanh Nguyen is singled out for her expertise in public M&A, including both project finance and IPOs and has been acting exclusively as the leading figure on all of the firm’s key mandates. Both Ngo Thai Ninh and Pham Thuy Van have been highly active over the past twelve months, acting on large-scale cross-border transactions involving multinational banks.

Allens houses a team of practitioners who are well-versed in capital markets work, acting on exchangeable bond deals with a wealth of international investors, IPOs and pre-IPO investment deals, and advisory and regulatory work relating to the underwriting of securities. Furthermore, the group is able to leverage its regional alliance with Linklaters to have exposure to a stellar list of clients and blockbuster deals, providing the group’s practitioners with premium market experience. Linh Bui caters to a range of real estate, agricultural, retail and consumer companies for their capital market transactions, carrying a wealth of cross border expertise. Ngoc Anh Tran, who was promoted to partner in July 2022,  is a structured transaction specialist, while Linh Chi Dang often works closely with banks and financial institutions on securities underwriting advice since joining from Baker McKenzie in June 2022.

‘Providing business-practical legal advice’ due to a strong understanding of ‘local Vietnamese regulations and law’, Frasers Law Company works with clients on a variety of debt and equity capital market issues, including advice regarding IPOs, convertible debt securities, and structured products. Furthermore, the firm is characterised by strong work in the energy, real estate and healthcare sectors. Mark Fraser heads the practice and is well-reputed for his handling of complex strategic transactions across a number of sectors. Ho Thuy Ngoc Tram is another practitioner of note who has played a key supporting role across the board.

Vina Legal specialises in helping clients issue bonds in order to galvanise developments in their wide array of projects, demonstrating engagement with the both domestic and international giants in the real estate sector. Nguyen Thanh Long has been active overseeing multi-million USD dollar bond issuances over the past twelve months and has been the key leading figure in the practice. Nguyen Hong Duc and Nguyen Thi Phuong also come recommended.