Indochine Counsel

Indochine Counsel Indochine Counsel - The leading commercial law firm with more than two decades of service - Your Trusted Partner in Navigating Vietnam's Legal Landscape!

Indochine Counsel is one of the leading commercial law firms in Vietnam. We provide legal services in Inward Investment; Corporate & Commercial; Mergers & Acquisitions; Securities & Capital Markets; Banking & Finance; Property & Construction; Taxation; International Trade; Dispute Resolution; Intellectual Property; and Technology & Media. We aim to provide quality legal services and add value to clients through effective customised legal solutions

How do we begin a new year at Indochine Counsel?With a tradition that brings our team together.Last week, our Ho Chi Min...
23/03/2026

How do we begin a new year at Indochine Counsel?
With a tradition that brings our team together.

Last week, our Ho Chi Minh City office embarked on a meaningful journey to Ba Den Mountain in Tay Ninh province, one of Vietnamโ€™s most sacred spiritual destinations.

During this trip, the team took time to visit the temples and pagodas atop the mountain, offering prayers for health, prosperity, and success for our colleagues, clients, and partners in the year ahead.

But beyond the spiritual significance, this annual tradition is also about something equally important: team bonding.

Stepping away from our desks and daily matters allows us to reconnect, reflect, and strengthen the relationships that define our firm. Moments like these remind us that a strong team is the foundation of delivering trusted legal counsel to businesses in Vietnam and beyond.

As we begin the year ahead, we look forward to continuing our journey alongside our clients and partners.

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For more information, contact us at:
๐ŸŒ www.indochinecounsel.com
๐Ÿ“ง [email protected]
โ˜Ž๏ธ (+84) 28 3823 9640

Vietnam is shifting its approach to corporate distress, from liquidation to rehabilitation.The newly adopted Law on Reha...
18/03/2026

Vietnam is shifting its approach to corporate distress, from liquidation to rehabilitation.

The newly adopted Law on Rehabilitation and Bankruptcy 2025, effective 1 March 2026, introduces a legal framework that places corporate recovery at the centre of insolvency proceedings, marking a significant evolution from the previous bankruptcy regime.

Among the notable reforms:
โ€ข Introduction of early rehabilitation procedures for businesses at risk of insolvency
โ€ข Expedited rehabilitation and bankruptcy processes with significantly shorter timelines
โ€ข Expanded categories of creditors and stakeholders entitled to initiate proceedings
โ€ข Recognition of potential State support measures during rehabilitation
โ€ข Greater use of electronic procedures in insolvency cases

The new law signals a shift toward earlier intervention, structured recovery, and more proactive financial governance for enterprises operating in Vietnam.

In our latest Special Alert, Mr. Phan Anh Vu - Partner | Co-Head of Corporate and M&A, Projects & Infrastructure and Ms. Ho Nguyen Anh Thu - Junior Associate examine the key changes and what they may mean for businesses, lenders, and investors.

๐Ÿ“– Read the full analysis here: https://indochinecounsel.short.gy/bankruptcy-reform

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Need help in navigating the legal landscape of Vietnam? Contact us:
๐ŸŒ www.indochinecounsel.com
๐Ÿ“ง [email protected]
โ˜Ž๏ธ (+84) 28 3823 9640

[DEAL ANNOUNCEMENT]๐—œ๐—ป๐—ฑ๐—ผ๐—ฐ๐—ต๐—ถ๐—ป๐—ฒ ๐—–๐—ผ๐˜‚๐—ป๐˜€๐—ฒ๐—น ๐—ฎ๐—ฑ๐˜ƒ๐—ถ๐˜€๐—ฒ๐˜€ ๐—›๐—ผ๐—ฎ๐—ป๐—ด ๐—–๐—ฎ๐˜ ๐—ง๐˜‚๐—ผ๐—ป๐—ด ๐—ผ๐—ป ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—ถ๐—ป ๐—ฃ๐—ต๐˜‚๐—ฐ ๐—ง๐—ต๐—ถ๐—ป๐—ต ๐—–๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป (๐—›๐—ก๐—ซ: ๐—ฃ๐—ง๐——...
16/03/2026

[DEAL ANNOUNCEMENT]

๐—œ๐—ป๐—ฑ๐—ผ๐—ฐ๐—ต๐—ถ๐—ป๐—ฒ ๐—–๐—ผ๐˜‚๐—ป๐˜€๐—ฒ๐—น ๐—ฎ๐—ฑ๐˜ƒ๐—ถ๐˜€๐—ฒ๐˜€ ๐—›๐—ผ๐—ฎ๐—ป๐—ด ๐—–๐—ฎ๐˜ ๐—ง๐˜‚๐—ผ๐—ป๐—ด ๐—ผ๐—ป ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—ถ๐—ป ๐—ฃ๐—ต๐˜‚๐—ฐ ๐—ง๐—ต๐—ถ๐—ป๐—ต ๐—–๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป (๐—›๐—ก๐—ซ: ๐—ฃ๐—ง๐——)

Indochine Counsel is pleased to have advised Hoang Cat Tuong Company (HCT) on its strategic investment in P**c Thinh Design Construction Trading Corp. (HNX: PTD), marking a notable transaction in Vietnamโ€™s construction and infrastructure sector.

Through a private placement of 15 million shares, HCT became the strategic investor and controlling shareholder, acquiring over 75% of PTDโ€™s charter capital. The transaction enabled PTD to raise approximately VND150 billion, strengthening its financial position and supporting future growth.

Our team provided comprehensive legal support throughout the transaction, advising on the structuring and ex*****on of the investment, including:
โ€ข Legal due diligence
โ€ข Transaction structuring
โ€ข Drafting and negotiation of transaction documents
โ€ข Completion of closing procedures applicable to a listed company

The team advising on this transaction consisted of:
- Mr. Dang The Duc, Managing Partner
- Mr. Pham Viet Tuan, Partner | Head of Litigation & Dispute Resolution, Real Estate & Construction
- Mr. Ngo Dang Loc, Associate | Deputy Head of Banking & Finance, Capital Markets
with support from Mr. Pham Dac Hoang and Ms. Vu Pham Huyen My, Junior Associates.

This transaction reflects a growing trend in Vietnam where strategic capital injections and private placements are increasingly used to restructure ownership and unlock new development opportunities for listed companies.

๐Ÿ‘‰ Learn more about this transaction: https://indochinecounsel.short.gy/hoang-cat-tuong-ptd

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If you are considering strategic investment, M&A, capital raising, or corporate restructuring in Vietnam, our team would be pleased to assist.
๐Ÿ“ฉ [email protected]
๐ŸŒ www.indochinecounsel.com
โ˜Ž๏ธ (+84) 28 3823 9640

Are condotel buyers in Vietnam actually getting โ€œlong-term ownershipโ€?This question was at the center of the discussion ...
13/03/2026

Are condotel buyers in Vietnam actually getting โ€œlong-term ownershipโ€?

This question was at the center of the discussion at the 9th Hospitality Vietnam Conference , where our Managing Partner - Mr. Dang The Duc joined industry leaders as a panelist earlier this week.

The conference brought together over 300 participants from 200+ companies across 12 countries, including developers, investors, hotel operators and advisory firms active in Vietnamโ€™s hospitality sector.

During the panel, Mr. ฤแปฉc highlighted a key legal misconception still seen in many projects:

Condotel and branded residence units do not automatically receive perpetual residential ownership.

Under the Land Law 2024, they are generally classified as tourism accommodation works on commercial-service land, meaning ownership is tied to the projectโ€™s land-use term (typically 50 years, extendable) rather than indefinite residential rights.

For developers and investors, this distinction directly affects:
- Project structuring
- Financing and collateral value
- Investor expectations and exit strategies

As Vietnamโ€™s hospitality market continues to attract international capital, clear legal structuring is becoming a critical factor in project viability and investor confidence.

At Indochine Counsel, our Real Estate & Construction team regularly advises developers, investors and hospitality operators on navigating the legal framework for mixed-use and hospitality projects in Vietnam.

๐Ÿ”— Learn more about our Real Estate & Construction practice: https://indochinecounsel.com/practice-areas/real-estate-construction

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Need help in navigating the legal landscape of Vietnam? Contact us:
๐ŸŒ www.indochinecounsel.com
๐Ÿ“ง [email protected]
โ˜Ž๏ธ (+84) 28 3823 9640

Another international arbitration recognition for Indochine Counsel.Our Senior Associate | Head of Taxation - Ms. Nguyen...
11/03/2026

Another international arbitration recognition for Indochine Counsel.

Our Senior Associate | Head of Taxation - Ms. Nguyen Thi Hong Duong has been appointed to the Panel of Arbitrators of the Hainan International Arbitration Court (HIAC).

International arbitration continues to play an increasingly important role in resolving cross-border commercial disputes across Asia, particularly for businesses involved in international trade, investment, and complex commercial transactions.

Ms. Duongโ€™s appointment reflects her growing professional recognition in commercial dispute resolution and international arbitration, advising both Vietnamese and international clients on matters involving cross-border investments, shareholder disputes, and commercial conflicts.

As a member of the HIAC Panel of Arbitrators, she will contribute her expertise to the efficient and impartial resolution of disputes involving Vietnamese and international parties across jurisdictions.

At Indochine Counsel, we remain committed to supporting businesses with strategic dispute resolution and arbitration expertise in Vietnam and the wider Asia-Pacific region.

โ€œIt is an honor to join the Panel of Arbitrators of HIAC. I look forward to contributing to the fair and efficient resolution of cross-border commercial disputes.โ€ โ€” Nguyen Thi Hong Duong

Please join us in congratulating Ms. Duong on this well-deserved recognition. ๐Ÿ‘ ๐Ÿ‘

๐Ÿ”— Learn more about our dispute resolution practice: https://indochinecounsel.com/practice-areas/litigation-dispute-resolution

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Need help in navigating the legal landscape of Vietnam? Contact us:
๐ŸŒ www.indochinecounsel.com
๐Ÿ“ง [email protected]
โ˜Ž๏ธ (+84) 28 3823 9640

๐Ÿ“˜ New Publication | Capital Markets in Vietnam โ€“ Client Guide 2026Vietnamโ€™s capital markets have grown significantly ove...
06/03/2026

๐Ÿ“˜ New Publication | Capital Markets in Vietnam โ€“ Client Guide 2026

Vietnamโ€™s capital markets have grown significantly over the past 25 years:
โ€ข ~1,600 listed companies across HOSE, HNX, and UPCoM
โ€ข Stock market cap: VND 8,316 trillion (~72% of GDP)
โ€ข Corporate bonds: VND 2,500 trillion (~22% of GDP)

Yet the market continues to evolve with stronger regulatory enforcement, tighter compliance requirements, and new investment trends emerging.

Our latest publication, โ€œCapital Markets in Vietnamโ€, provides a practical overview of:
โ€ข Securities issuance and trading regulations
โ€ข Compliance requirements for public companies
โ€ข Corporate governance and disclosure obligations
โ€ข Emerging trends including SPACs, green bonds, and digital assets

๐Ÿ“ฅ Download your free guide here: https://indochinecounsel.short.gy/capital-markets-guide-fb

Authors:
- Mr. Dang The Duc, Managing Partner
- Mr. Dang Hoan My, Partner | Co-Head of Corporate and M&A, Projects & Infrastructure
- Ms. Le Mai Phuong, Managing Associate | Hanoi Office
- Mr. Ngo Dang Loc, Associate | Deputy Head of Banking & Finance, Capital Markets
- Ms. Vu Pham Huyen My, Junior Associate

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If you are exploring Vietnamโ€™s capital markets, listings, or bond issuances, our team would be pleased to discuss how these regulatory developments may affect your business.
๐ŸŒ www.indochinecounsel.com
๐Ÿ“ง [email protected]
โ˜Ž๏ธ (+84) 28 3823 9640

How bankable is your hospitality project structure? ๐Ÿจ๐Ÿ’ผIndochine Counsel is pleased to share that our Managing Partner, M...
04/03/2026

How bankable is your hospitality project structure? ๐Ÿจ๐Ÿ’ผ

Indochine Counsel is pleased to share that our Managing Partner, Mr. Dang The Duc, will join the panel at the 9th Hospitality Vietnam Conference on:

"Financial Viability & Sustainability of Projects: Structuring Hybrid Mixed-Use Asset Models under the Real Estate Business Law 2024"

The discussion will address capital structuring, profitability, and legal sustainability of hybrid models combining condotels, hotels, and residential components, an increasingly prevalent structure in Vietnamโ€™s hospitality market.

๐Ÿ“… 10โ€“11 March 2026
๐Ÿ“ Holiday Inn & Suites Saigon Airport, Ho Chi Minh City
๐Ÿ”— Register here: https://lnkd.in/gzz_wz2Z

As mixed-use developments become more complex, financial engineering and legal structuring must move in parallel. We look forward to contributing to this important industry dialogue at .

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Evaluating a hospitality or mixed-use investment in Vietnam, feel free to reach out to our team to discuss structuring and regulatory considerations.
๐ŸŒ www.indochinecounsel.com
๐Ÿ“ง [email protected]
โ˜Ž๏ธ (+84) 28 3823 9640

Weโ€™re excited to share that Mr. Pham Viet Tuan, Partner | Head of Litigation & Dispute Resolution, Real Estate & Constru...
03/03/2026

Weโ€™re excited to share that Mr. Pham Viet Tuan, Partner | Head of Litigation & Dispute Resolution, Real Estate & Construction, has been appointed as an ๐€๐ซ๐›๐ข๐ญ๐ซ๐š๐ญ๐จ๐ซ of the Hainan International Arbitration Court ( ).

This recognition follows Mr. Tuanโ€™s extensive experience representing both domestic and international clients in litigation, arbitration, and dispute resolution across real estate, construction, and commercial matters. He also serves as a listed arbitrator at the Vietnam Traders Arbitration Centre (VTA) and is a member of the Chartered Institute of Arbitrators.

In a landscape where cross-border projects, capital, and investments are becoming increasingly complex, international arbitration plays a critical role in effective dispute management.

Please join us in congratulating Mr. Tuan on this significant professional milestone ๐Ÿ‘

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Navigating complex contracts or potential disputes, feel free to connect with our Litigation & Dispute Resolution team to explore your options.
๐ŸŒ www.indochinecounsel.com
๐Ÿ“ง [email protected]
โ˜Ž๏ธ (+84) 28 3823 9640

Back to Work | Welcoming the Year of the Horse ๐ŸŽ๐ŸงงToday, on the 7th day of the Lunar New Year, the team at Indochine Coun...
23/02/2026

Back to Work | Welcoming the Year of the Horse ๐ŸŽ๐Ÿงง

Today, on the 7th day of the Lunar New Year, the team at Indochine Counsel officially returns to the office, marking the beginning of a new chapter ahead.

As is our cherished tradition, we gathered for a New Year toast, received lucky red envelopes from our Partners, and shared heartfelt wishes for health, resilience, and success. These simple yet meaningful moments reflect the values that have guided us throughout our journey - unity, dedication, and optimism for the future.

As we step into the Year of the Horse, we look forward to supporting our clients and partners with renewed energy, clarity, and strategic insight.

Wishing everyone a productive first day back and a year filled with growth and prosperity ๐Ÿ’ฎ๐ŸŽ‡๐Ÿงง

๐ŸŒธ TแบพT 2026 | LUNAR NEW YEAR GREETINGS ๐ŸŒธNhรขn dแป‹p Tแบฟt Bรญnh Ngแป 2026, Indochine Counsel trรขn trแปng gแปญi ฤ‘แบฟn Quรฝ Khรกch hร ng, ...
15/02/2026

๐ŸŒธ TแบพT 2026 | LUNAR NEW YEAR GREETINGS ๐ŸŒธ

Nhรขn dแป‹p Tแบฟt Bรญnh Ngแป 2026, Indochine Counsel trรขn trแปng gแปญi ฤ‘แบฟn Quรฝ Khรกch hร ng, Quรฝ ฤแป‘i tรกc vร  Quรฝ ฤแป“ng nghiแป‡p lแปi chรบc nฤƒm mแป›i an khang, thแป‹nh vฦฐแปฃng, vแบกn sแปฑ nhฦฐ รฝ, mรฃ ฤ‘รกo thร nh cรดng. ๐ŸŽ†

Cแบฃm ฦกn Quรฝ vแป‹ ฤ‘รฃ luรดn tin tฦฐแปŸng vร  ฤ‘แป“ng hร nh cรนng chรบng tรดi trรชn hร nh trรฌnh phรกt triแปƒn bแปn vแปฏng.

โ€”-

As we welcome the Year of the Horse 2026, Indochine Counsel extends our sincere wishes for a year of peace, prosperity, luck and success. ๐ŸŽ‡

We are grateful for your continued trust and look forward to our shared journey ahead.

โœจ Happy Lunar New Year 2026 โœจ

๐Ÿšจ Special Alert | The 2025 Amended Law on Intellectual Property ๐ŸšจFrom  ๐Ÿญ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ, Vietnamโ€™s IP regime will change how...
12/02/2026

๐Ÿšจ Special Alert | The 2025 Amended Law on Intellectual Property ๐Ÿšจ

From ๐Ÿญ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ, Vietnamโ€™s IP regime will change how AI-driven, digital, and software-based value is protected.

And, this is not a technical update!

Under the new law, companies that fail to clearly document AIโ€“human creation workflows may face disputes over IP ownership, even where development was fully funded in-house.

Key changes include:
- IP protection extended to digital and partial designs, including GUIs, icons, and non-physical products
- Legal recognition of AI-assisted creations, with implications for ownership and attribution
- Permitted public data mining for AI training, subject to compliance safeguards
- Fast-track IP examination, shortening time-to-market

As innovation becomes increasingly intangible, IP is no longer a filing exercise but a governance and valuation issue.

๐Ÿ“š Read the full analysis here: https://indochinecounsel.com/resources/legal-updates

Authors:
- Mr. Dang The Duc, Managing Partner
- Ms. Vu Hoang Ha Thu, Associate | Head of Intellectual Property

[Lawyers Featured]๐Ÿšจ Vietnamโ€™s Amended IP Law: A Strategic Wake-Up Call for Investors & Tech-Driven BusinessesVietnamโ€™s a...
11/02/2026

[Lawyers Featured]

๐Ÿšจ Vietnamโ€™s Amended IP Law: A Strategic Wake-Up Call for Investors & Tech-Driven Businesses

Vietnamโ€™s amended Intellectual Property Law, effective ๐Ÿ ๐€๐ฉ๐ซ๐ข๐ฅ, is more than a legal update but a strategic shift in how IP assets are protected, valued, and commercialized, particularly in the digital and AI era.

In her latest expert analysis, Ms. Vu Hoang Ha Thu (Thu Vu) โ€“ Associate | Head of Intellectual Property, breaks down what businesses and investors must pay attention to:
๐Ÿ”น ๐—ฃ๐—ฎ๐—ฟ๐˜๐—ถ๐—ฎ๐—น & ๐—ป๐—ผ๐—ป-๐—ฝ๐—ต๐˜†๐˜€๐—ถ๐—ฐ๐—ฎ๐—น ๐—ฑ๐—ฒ๐˜€๐—ถ๐—ด๐—ป ๐—ฝ๐—ฟ๐—ผ๐˜๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป: from product components to GUIs, icons, animations and digital assets, IP protection now extends to what truly differentiates brands in automotive, electronics, fintech and edtech.
๐Ÿ”น ๐—”๐—œ-๐—ฎ๐˜€๐˜€๐—ถ๐˜€๐˜๐—ฒ๐—ฑ ๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป & ๐—ผ๐˜„๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ ๐—ฟ๐—ถ๐˜€๐—ธ๐˜€: Vietnamโ€™s IP law now formally addresses AI-related creations but without clear criteria on human contribution. Businesses that fail to document creative input may see valuable outputs fall into the public domain.
๐Ÿ”น ๐—ง๐—ฒ๐˜…๐˜ & ๐—ฑ๐—ฎ๐˜๐—ฎ ๐—บ๐—ถ๐—ป๐—ถ๐—ป๐—ด ๐—ณ๐—ผ๐—ฟ ๐—”๐—œ ๐˜๐—ฟ๐—ฎ๐—ถ๐—ป๐—ถ๐—ป๐—ด ๐˜„๐—ถ๐˜๐—ต ๐—น๐—ถ๐—บ๐—ถ๐˜๐˜€: While lawful data use for research and AI training is permitted, the undefined concept of โ€œunreasonable prejudiceโ€ creates compliance grey zones especially when IP rights intersect with personal data protection laws.

๐Ÿ“Œ These changes directly affect IP valuation, licensing strategies, R&D investment, AI deployment, and dispute risk management. Businesses that act early will gain a structural advantage; those who donโ€™t may face unexpected exposure.

๐Ÿ‘‰ Read the full analysis here: https://vir.com.vn/ip-alterations-shape-asset-strategies-for-local-investors-145294.html

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Our IP & TMT team advises local investors, technology companies, and foreign-invested enterprises on structuring, protecting, and enforcing IP assets in Vietnamโ€™s rapidly evolving regulatory landscape.

Contact us today to discuss how these changes impact your business:
๐ŸŒ www.indochinecounsel.com
๐Ÿ“ง [email protected]
โ˜Ž๏ธ (+84) 28 3823 9640

Address

Unit 305, 3rd Fl, Centec Tower, 72-74 Nguyen Thi Minh Khai Street, District 3
Ho Chi Minh City
70000

Opening Hours

Monday 08:30 - 18:00
Tuesday 08:30 - 18:00
Wednesday 08:30 - 18:00
Thursday 08:30 - 18:00
Friday 08:30 - 18:00

Telephone

+8428 3823 9640

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