“One of the standouts for capital markets in Vietnam”
Legal 500
Capital Markets
YKVN is a pioneer in securities and capital markets transactions in Vietnam. Our lawyers are recognized for their fresh thinking and original solutions in dealing with complex capital market issues.
Our senior lawyers, who have played pivotal roles in groundbreaking deals, including the landmark sovereign bond deals of Vietnam, know the intricacies of local and cross-border listings, ensuring that our clients navigate the complexities of securities markets with confidence and precision.
As Vietnam is thriving, our teams are also at the forefront of guiding Vietnamese champions in their international listings.
We are on the legal panel of all the global investment banks active in Vietnam (JP Morgan, Morgan Stanley, Credit Suisse, Deutsche Bank, HSBC, Standard Chartered Bank and Barclays) and have acted for leading Vietnamese issuers (Masan, Vingroup, Techcombank and Novaland).
We have acted as underwriter’s and issuer’s counsel in international and domestic:
- Equity offerings;
- Debt offerings;
- Investment funds; and
- Regulatory issues.
Contacts
Relevant resources
Recent Accolades
Rankings
| 2023 | Band 1 | Chambers |
| 2023 | Tier 1 | Legal 500 |
| 2023 | Tier 1 | IFLR |
| 2023 | Highly recommended | Asialaw |
| 2022 | Band 1 | Chambers |
| 2022 | Tier 2 | Legal 500 |
| 2022 | Tier 1 | IFLR |
| 2022 | Highly recommended | Asialaw |
| 2021 | Band 1 | Chambers |
| 2021 | Tier 1 | Legal 500 |
| 2021 | Tier 1 | IFLR |
| 2021 | Outstanding | Asialaw |
Reputation
“YKVN is one of the standouts for capital markets in Vietnam.”
“Provides very usable advice in a challenging environment”
“A strong debt and securities-based practice for Vietnamese businesses and investment banks”
(Legal 500)
“YKVN is top-rated with in-depth knowledge and experience in banking, capital markets and M&A.”
(IFLR)
“YKVN’s capital markets practice is highly regarded in Vietnam.”
(Asialaw)
Representative Deals
- Represented the lead manager JP Morgan on the attempted secondary listing of Vinamilk shares on SGX;
- Represented the lead manager JP Morgan on the attempted secondary listing of Tan Tao shares on SGX;
- Represented the lead manager Credit Suisse on the attempted secondary listing of Vincom Joint Stock Company (Vingroup) shares on SGX;
- Represented the issuer Masan Group Corporation on its attempted secondary listing of shares on SGX;
- Represented the issuer Masan Group Corporation on its attempted listing of GDRs on SGX;
- Represented the issuer PetroVietnam Finance Corporation (PVFC) on its attempted secondary listing of shares on SGX;
- Represented the issuer Techcombank on its IPO and listing on HOSE;
- Represented GIC as a cornerstone investor in the IPO of VietJet on HOSE;
- Represented GIC as a cornerstone investor in the IPO of Novaland on HOSE;
- Represented GIC as a cornerstone investor in the IPO of VPBank on HNX;
- Represented GIC as a cornerstone investor in the IPO of Vincom Retail on HOSE;
- Represented SCIC on the sale (through an auction process) of 5.7% shares in Vinamilk on HOSE;
- Represented Credit Suisse and Morgan Stanley as joint bookrunners for certain selling shareholders on their sale of a significant stake in Vincom Joint Stock Company (Vingroup) on HOSE; and
- Represented Credit Suisse and VCSC as joint bookrunners for certain selling shareholders on their sale of a significant stake in Masan Group Corporation on HOSE.
- Represented the joint lead managers Barclays, Citigroup and Deutsche Bank on the US$ 1 billion sovereign international bonds of Vietnam;
- Represented the joint lead managers Barclays and HSBC on the US$ 250 million international bond issue of Vietnam Joint Stock Bank for Industry and Commerce (Vietinbank);
- Represented the joint lead managers BNP Paribas, Deutsche Bank and Morgan Stanley on the attempted Rule 144A/Regulation S international bonds of PetroVietnam Group (PVN);
- Represented the lead manager Credit Suisse on the US$ 200 million high yield bonds of Vincom Joint Stock Company (Vingroup);
- Represented the lead manager Credit Suisse on the US$ 100 million convertible bonds of Vincom Joint Stock Company (Vingroup) and subsequent issues;
- Represented the lead manager Credit Suisse on the US$ 90 million high yield bonds of Hoang Anh Gia Lai;
- Represented the lead manager Credit Suisse on the attempted US$ high yield bonds of KBC Group;
- Represented the lead managers HSBC and Standard Chartered Bank on the VND 2,000 billion bond issue of Vietnam Technological and Commercial Joint Stock Bank (Techcombank);
- Represented the issuer Novaland on the issue of its US$ 160 million international convertible bonds;
- Represented the issuer Vinpearl on the issue of its US$ 325 million international bonds exchangeable with Vingroup shares and its subsequent US$ 125 million bonds;
- Represented the issuer Techcombank on the issue of its tier-2 capital convertible bonds;
- Represented the issuer Texhong Textile (Group) Co. Ltd. on its high yield bonds issuance guaranteed by its subsidiaries in the PRC and Vietnam;
- Represented the issuer Masan Group Corporation on its attempted issuance of international high yield bonds;
- Represented the issuer Masan Consumer Holdings on its issuance of VND 2,100 billion bonds guaranteed by Credit Guarantee and Investment Facility (CGIF);
- Represented the issuer Mobile World Corporation on its issuance of VND 1,135 billion bonds guaranteed by Credit Guarantee and Investment Facility (CGIF);
- Represented the issuer, PAN Group, on the issue of its VND 1,135 billion bonds and guaranteed by CGIF;
- Represented the issuer Hoan My Medical Corporation on the issue of its VND 2,330 billion bonds and guaranteed by CGIF;
- Represented the issuer MasanConsumerHoldings Company Limited (MCH), a subsidiary of Masan Group Corporation (MSN), on its VND 9,000 billion bonds;
- Represented the issuer Masan Group Corporation (MSN) on its issuance of VND5,500 billion bonds;
- Represented the issuer Thai Nguyen Trading and Investment Company Limited on its issuance of VND6,800 billion bonds;
- Represented the issuer Nui Phao Mining Company Limited on its issuance of VND6,800 billion bonds;
- Represented Ibeworth Pte. Ltd., a subsidiary of Keppel Land Limited, on the subscription for VND500 billion convertible bonds issued by Nam Long Investment Corporation; and
- Represented Standard Chartered Bank (Vietnam) Limited as the placement agent on the issue by Nam Long Investment Corporation of VND660 billion bonds and guaranteed by GuarantCo Ltd.
