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According to Asia Business Law Journal’s annual Vietnam Law Firm Awards 2023 edition, ASL LAW is recognized as Vietnam’s leading law firm on structured finance & securitization.
Vietnam’s strategic location and extensive network of free-trade agreements have made the country an important hub for international trade and investment. The Vietnamese government has also made significant progress in improving its legal and regulatory frameworks as it seeks to attract more foreign capital and become an important player in the global economy.
Big infrastructure projects were one of the main drivers of the country’s economic growth as Vietnam geared up to compete for international investment. The worsening ties between USA and China have pushed some businesses to relocate their manufacturing operations from China to Vietnam to avoid high tariffs and other trade barriers, leading to an influx of FDI and boosting Vietnam’s exports.
In response to Vietnam’s economic potential, law firms are racing to establish or strengthen their presence in Vietnam. From the beginning of 2023, many law firms have branched out in Vietnam, focus mainly in its capital Hanoi and its economic hub, Ho Chi Minh City.
However, the expansion has proved to be a challenge for some law firms that can’t adapt in time to the economy’s rapid changing nature. Law firms need to evaluate their clients’ demands and the sustainability of the local economy against macroeconomic movements.
Recognizing the development with the readiness to embrace and overcome the changes in Vietnam, ASL LAW has emerged in Asia Business Law Journal’s ranking as one of the leading law firms in the structured finance & securitization category.
Asia Business Law Journal’s assess on ASL LAW is as follows: “ASL LAW was established by lawyer Pham Duy Khuong, the firm’s managing partner. Its banking and financial services team are well-equipped with financial and banking lawyers with a comprehensive understanding of banking and financial issues in Vietnam.
The firm has a team of experienced lawyers advising clients on structuring and executing finance transactions, including the creation and implementation of securitisation structures in different types of securities offerings, asset-backed securities and mortgage-backed securities.
ASL LAW also provides counsel in related areas such as bankruptcy, banking and capital markets law.”
ASL LAW is the top-tier Vietnam law firm for banking & financial services. If you need any advice, please contact us for further information or collaboration.
