Dentons plans to expand its network further in the ASEAN region this year by combining with a firm each in Thailand, Vietnam and the Philippines, according to recent comments made by Gerald Singham, the firm’s global vice-chair and ASEAN CEO.
The ALB Employer of Choice Rankings were compiled talking into account responses from more than 2,500 private practice lawyers across Asia, ranging from managing partners to paralegals, as well as our own market knowledge.
Vietnam’s investment outlook is on the up, encouraged by supportive policy reforms and growing GDP, but lawyers in the market warn the country’s investment and corporate laws are not sufficiently prepared to meet the scale of foreign investments coming in.
Vietnamese law firm Indochine Counsel has advised Truong Hai Auto Corporation (THACO), one of the country’s leading carmakers, on its strategic investment of up to $1 billion in Hoang Anh Gia Lai Group, which has interests in industries such as property and agriculture.
Florida-headquartered LatourLaw, which specialises in investment-based immigration, has set foot in Vietnam with the opening of an office in Ho Chi Minh City.
Japanese Big Four law firm Mori Hamada & Matsumoto is set to continue its expansion across Southeast Asia after announcing an office in Vietnam’s Ho Chi Minh City.
A Vietnamese court is set to make a key ruling in the country’s biggest-ever fraud case, in a trial that has spotlighted Vietnam’s ability to tackle financial crime at a time when foreign banks are heeding government calls to invest.
Latham & Watkins and local law firm VILAF have advised Vinhomes JSC, the residential property developer of conglomerate Vingroup JSC, on an equity issue of up to $1.4 billion, with Allen & Overy advising the underwriters.