VIETNAM DUANE MORRIS VIETNAM LLC HO CHI MINH CITY DuaneMorrisLLPhasofficesinHanoiandHoChiMinh Working in concert with the firm’s offices in Hanoi and City, as well as other key markets in Asia, to support Singapore, Duane Morris’ Ho Chi Minh City location gives clients who have operations or investments in Vietnam, clientsaccesstolegalservicesinmarketsthroughouttheAsia oneofthefastest-growingeconomiesintheworld. Pacificregionandtherestoftheworld.Thefirm’sattorneys have strong relationships with the business community in The firm’s attorneys in Vietnam represent a range of Vietnam and are positioned to represent clients on a wide clients,includingmultinationalcorporationsandfinancial rangeofcorporateanddisputematters. institutions, as well as businesses seeking to establish new investments in Vietnam and throughout Southeast HANOI Asia. Duane Morris also leverages its global platform to DuaneMorris’establishmentofitsofficeinVietnam’scapital, facilitateAsia-basedcompanies’entryintomarketsinthe Hanoi,reflectsthefirm’sdedicationtoitsclients’needsin UnitedStates,Europe,LatinAmericaandbeyond. SoutheastAsia.Thefirm’sattorneysinHanoirepresentarange of clients in a variety of matters, including those involving corporate, securities, mergers and acquisitions; complex financial transactions; energy, projects and infrastructure; andtechnology,mediaandtelecommunications. CORPORATE LEGAL SERVICES • CorporateandCommercial • Mergers&Acquisitions • RealEstateandConstruction Leading Firm Leading Individual • ProjectsandInfrastructure • Energy,EnvironmentandResources • InformationTechnologyandTelecommunications Leading Firm Leading Individual • RetailandDistribution OUR ACCOLADES • BankingandFinance • Ranked as a Recommended Firm for Corporate and • ProjectFinance M&A and Projects & Energy in Vietnam by The Legal • PrivateEquity&VentureCapital 500 Asia Pacifi c 2021. • DisputeResolution • Ranked as a Recommended Firm for Banking and Finance, M&A, and Project Development in Vietnam PROFESSIONAL AFFILIATIONS andasaNotableFirmforCapitalmarkets:Equityand Capitalmarkets:DebtinVietnambyIFLR1000 2021. • AmericanChamberofCommerceinVietnam • RankedasaLeadingFirmforCorporate/M&A,Projects, • BankingLawyersCluboftheVietnamBankersAssociation Infrastructure and Energy by Chambers Asia-Pacific • CommissiononGlobalizationWorldForum 2021 and as a Leading Firm for Corporate/M&A by • EuropeanChamberofCommerceinVietnam Chambers Global 2021. • GermanBusinessAssociationinVietnam • Dr. Oliver Massmann is recognized as a Notable • HanoiBarAssociation Practitioner for Corporate/M&A and Projects, JapaneseBusinessAssociationofHoChiMinhCity InfrastructureandEnergy(Vietnam)andCorporate/ • M&A,Projects,InfrastructureandEnergy(Vietnam). • ChambredeCommerceetdel’IndustrieFrançaise auVietnam(CCIFV) • Dr. Lang Thi Nguyen is recognized as a Notable Practitioner for Corporate/M&A and Projects, • PetroVietnamInsuranceCorporation Infrastructure and Energy (Vietnam) and Ranked in • TokyoChamberofCommerceandIndustry Corporate/M&A,RealEstate(Vietnam). • VietnamBarFederation • VietnamBusinessForum LANGUAGES OurattorneysinVietnamarefluentinanumberof DUANE MORRIS VIETNAM BLOG languages,including: Duane Morris lawyers in Vietnam explore the issues impacting businesses with operations and investments in • English • Russian one of the world’s fastest-growing economies. Please visit • French • Vietnamese blogs.duanemorris.com/vietnam/forupdatesonthelatest • German developments. 2 EXAMPLES OF OUR WORK • Advised Sembcorp Industries, through its wholly owned restructuring of the largest joint venture in Vietnam’s subsidiary, Sembcorp Utilities, in a historic Power Purchase insuranceindustry. Agreement(PPA)andinsigningamemorandumofagreement • Advisedtheworld’sleadingtravelandtourismcompany withMyanmar’sDepartmentofElectricPowerPlanning(DEPP), on the establishment of a joint venture company in undertheMinistryofElectricPowerofMyanmar(MOEP),to Vietnam. investinanddevelopa225MWgas-firedpowerplantincentral Advisedaninternationalshipyardgrouponitspurchase Myanmar. The $300 million power plant, financed under a • of shares of Song Cam Ben Kien and worked on the Build-Operate-Own-Transfer(BOOT)structure,issettobethe establishmentoftwo100%foreigninvestedcompanies. largestgas-firedindependentpowerplantinMyanmar. The team also advised the group on its Asia-wide • RepresentedEABNewEnergyGmbH,oneofthelargestwind investmentprojectrelatedtomergersandacquisitions, energydevelopingcompaniesinGermany,concerningaPower offshoreloans,financingandrestructuring,labourissues, Purchase Agreement for a wind power project in Vietnam, the purchase of a shipyard, the opening of a central the“MuiDinhWindProject,”withatotalinvestmentvalueof warehouseandestablishingmultiplejointventures.This $100million.TheagreementsignedwithVietnamElectricity is the first-ever privately financed manufacturing plant Corporation(EVN)isthefirstofitskindforaprivatelyfinanced thatmanufacturesspecialshipswiththeapprovalofthe windpowerprojectinVietnam. GovernmentofVietnamforaforeignmajoritycontrolled • AdvisedGEEnergyontheinitialstructuringofpowerpurchase stakeinthepartlystate-ownedshipbuildingentity. projects and proposed renewable policy framework for wind • Advised a leading Japanese restaurant operator with energyinvestmentsinVietnam. almost5,000outlets,onthestructureandestablishment • AdvisedonanacquisitionofaVietnamesebusinessonbehalf ofafirst-of-its-kind100%foreign-ownedrestaurantchain ofaGermanpowersuppliesmanufacturer. inVietnam. • AdvisedaDutchinvestorontwolandfillmethane-gasrecapture • AdvisedTKISAG,theGermanparentcompanyofTKIS projectsforfuellingnearbypowerplantsinHanoiandHCMC, Vietnam, in connection with Vietnamese law aspects Vietnam,respectively(CDMcarboncreditsprojects). of its global group restructuring plan including the elaborationoftherestructuringandcapitalisationplans, • ActedforCanada-basedPan-AsiaBio-Fuelsinconnectionwith frombothpracticalandlegalperspectives. adevelopmentofbio-gasproductionanddistributionproject incentralVietnam,involvingcomplexlandandenvironmental • AdvisedandassistedaSwissmedicalmarketexpansion issues, careful investment incentives research, and local and services provider in the expanse of its business in internationalfinancing. Vietnam in the sector of wholesale medical equipment andmaterialsviatheacquisitionofalocalcompany. • Supported and advised a German government agency in connectionwithaprojecttoworkwiththeMinistryofIndustry • Advisedoneoftheleadingmulti-channeloperatorsand andTrade(MOIT)ofVietnamtointroducealegalframeworkfor moviecompaniesintheUnitedStateswithitsinvestment renewableenergyprojectsinVietnam. in Vietnam and purchase of shares in a Vietnamese • Concluded negotiations for the construction contract for media company to form the first-ever joint venture in Vietnam’s first build-operate-transfer (BOT) power plant in Vietnam’smovie/TVsectors. Vietnamwithinvestmentvolumeofabout$400million. • Represented an international serviced apartment and • AdvisedandassistedacementplantprojectinVietnamwith officecomplexinatrademarkinfringementdisputewith thetotalvalueof$90million. thelargestVietnameserealestateconglomerate. • Represented Greencells Group, an EPC provider for turn key • DevelopedasetofstandardPPAsanddisputeresolution solar PV power plants based in Germany, in establishing a and enforcement regulations for the Vietnamese commercial presence in Vietnam and implementing Solar Electricity Regulatory Authority in anticipation of the PowerPlantprojects. start-upofVietnam’scompetitivegenerationmarket. • Advised PROLiGNIS Energie Consulting GmbH on the • Advised a European private equity fund on the establishmentofaprojectcompanytooverseeitsnewbiomass multimillion-dollaracquisitionofasignificantstakeina powerplantprojectandtoselltheplant’sproductstoalarge Vietnameserestaurantsandcoffeeshopchainbusiness. medicalmanufacturingfacilityinVietnam.Theprojectwillbe • AdvisedaU.S.investmentfirmwithoverUS$750billion thefirstlarge-scalebiomasspowerplantprojectinVietnam. in assets under management on the mechanism and • Advised an industrial insurance business in connection with regulations pertaining to off-exchange transactions of theshareholdingratioofPVNinPVI.Theteamadvisedonthe listedcompaniesinVietnam. 3 OFFICE LOCATIONS AND REACH FOR MORE INFORMATION To learn more, please contact: DR. NGUYEN THI LANG Partner and Chair Duane Morris Vietnam LLC +84 28 3824 0236 ltnguyen@ duanemorris.com OLIVER MASSMANN Partner and Director DuaneMorris’AsianofficesinHanoi,HoChiMinhCity,Shanghai, Duane Morris Vietnam LLC SingaporeandYangonarebackedbyaglobalinfrastructureof P: 84.24.3946.2205 officesacrosstheUnitedStatesandinLondon. [email protected] MINH DUC HOANG Special Counsel Duane Morris Vietnam LLC P: 84.24.3946.0212 [email protected] BACH DUONG PHAM Special Counsel Duane Morris Vietnam LLC P: 84.28.3824.0235 [email protected] HO CHI MINH CITY HANOI Suite 1503/04, Saigon Tower Pacific Place, Unit 29 Le Duan Street V1307/1308, 13th Floor District 1, Ho Chi Minh City 83B Ly Thuong Kiet Street Vietnam Hoan Kiem District, Hanoi Vietnam © Duane Morris LLP 2021 | April2021 | www.duanemorris.com DuaneMorris–FirmandAffiliateOffices|NewYork|London|Singapore Philadelphia | Chicago | Washington, D.C. | San Francisco | Silicon Valley San Diego | Los Angeles | Boston | Houston | Dallas | Austin | Hanoi Ho Chi Minh City | Shanghai | Atlanta | Baltimore | Wilmington | Miami Boca Raton | Pittsburgh | Newark | Las Vegas | Cherry Hill | Lake Tahoe Myanmar|DuaneMorrisLLP–ADelawarelimitedliabilitypartnership Thispublicationisforgeneralinformationanddoesnotincludefulllegalanalysisofthe matters presented. It should not be construed or relied upon as legal advice or legal opiniononanyspecificfactsorcircumstances.Theinvitationtocontacttheattorneysin ourfirmisnotasolicitationtoprovideprofessionalservicesandshouldnotbeconstrued asastatementastoanyavailabilitytoperformlegalservicesinanyjurisdictioninwhich suchattorneyisnotpermittedtopractice..