Vietnam's Premier
Independent Law Firm
Frasers Law Company (Frasers) is the global leader in navigating pathways through complex legal systems in Vietnam.
Frasers was the first law firm to receive a foreign law company licence in Vietnam, and we continue to uphold our position as a progressive leader in Vietnam's rapidly developing legal arena.
Through an integrated team of foreign and local lawyers, we are able to provide a streamlined approach whereby we are able to advise on local law issues, whilst protecting our clients' interests to the highest international standards.
We are a diverse and multilingual law firm. The talent, skills, and experience of our integrated team enable us to carefully cater to each of our client's specific legal needs, whether they relate to Vietnamese and/or international law issues.
Frasers provides excellence, experience, innovation, commitment, understanding and insight.
Areas Of Expertise
Frasers is ranked by leading legal directories in all of the practice areas in Vietnam, including banking and finance, capital markets, corporate and M&A, data protection, dispute resolution, and many more. No other law firm in Vietnam has achieved better ranking results than this.
- Banking and Finance
- Capital Markets
- Competition and Anti-trust
- Corporate and M&A
- Data Protection and Privacy
- Dispute Resolution
- Employment
- Energy and Natural Resources
- Environmental, Social, and Corporate Governance
- Fraud and Investigations
- Intellectual Property
- International Trade Compliance
- Project Finance
- Projects and Infrastructure
- Real Estate and Construction
- Taxation
- Technology, Media and Telecommunications
- Aviation and Shipping
- Banking and Finance
- Capital Markets and Securities
- Education
- Energy
- Equitisations
- FMCG
- Healthcare and Pharmaceuticals
- Insurance
- Investment Funds
- IT, Media and Telecoms
- Manufacturing
- Projects and Infrastructure
- Real Estate and Construction
- Retail
- Transportation and Logistics
- Travel, Hospitality and Tourism
Knowledge
DPPA Decree
On 3 July 2024, the Government has issued Decree No. 80/2024/ND-CP on the mechanism for direct power purchase agreements (DPPA) (Decree 80), after several delays from the scheduled issuance date in May 2024. Decree 80 takes effect from its issuance date, i.e. 3 July 2024. Since June 2019, there have been several drafts circulated for public consultation and discussion between Ministries and the relevant parties with various changes in both substance and form (which changed from being a Prime Minister’s Decision to a Government Decree). This Legal Update seeks to present notable provisions under Decree 80 and its implications on the development of renewable energy in Vietnam. Decree 80 introduces two DPPA models which are (i) private transmission lines line/off-the-grid model (Private Line Model) and (ii) national grid connected model (Grid Connected Model). The notable provisions of each model will be explained below.
PDP VIII Implementation Plan
On 1 April 2024, the Prime Minister of Vietnam issued Decision 262/QD-TTg approving the plan to implement the National Electricity Development Plan for the period 2021 – 2030 (PDP8 Implementation Plan). The highly anticipated PDP8 Implementation Plan provides details of important power source projects as the industry’s investment priorities until 2030.
LURCs under Land Law 2024
Under Vietnam law, entities that have legal rights to use land and/or own assets attached to land (Legitimate Owner/s) may be granted a certificate, subject to the provisions of the prevailing land laws and/or construction laws from time to time (generally referred to as “Certificate”).
New Law on Credit Institutions
Beginning 1 July 2024, the Law on Credit Institutions No. 32/2024/QH15 passed by the National Assembly on 18 January 2024 (New Law on Credit Institutions) will replace the currently effective Law on Credit Institutions No. 47/2010/QH12 (Current Law on Credit Institutions).
In-House Community - Firms of the Year 2023 for Corporate and M&A, Energy and Projects, and one of the Most Responsive Firms in Vietnam
We are honoured and grateful to be recognised in In-House Community’s Firms of the Year 2023 for Corporate and M&A, Energy and Projects, and one of the Most Responsive Firms in Vietnam. Thank you to In-House Community – inhousecommunity.com and its research team, and most especially to our clients for their continued trust and for sharing their valued feedback about our client service.
Frasers welcomes new legal team members
We are excited to welcome Dang Quynh Chau and Bui Vu Hong Nhung this week to our growing team! Chau and Nhung join us in our Hanoi office, bringing with them a wealth of experience working with international and Vietnamese companies further strengthening our expanding Hanoi team, with a particular focus on our projects, construction, and infrastructure expertise. Chau and Nhung’s experience working on high-value projects and transactions is a major boost to the firm's overall capabilities especially as Vietnam expects significant developments and investment across various industry sectors.
IFLR - Deal of the Year
A heartfelt thank you first and foremost to the Asian Development Bank (ADB), for the trust and for the opportunity to support this meaningful project. This project is a major step towards a clean and sustainable future for the energy sector in the Asia Pacific region.
Chambers and Partners - Vietnam Law Firm of the Year - Shortlisted
We are grateful and honoured to be shortlisted in the Chambers Asia-Pacific and Greater China Region Awards 2024 in the Vietnam Law Firm of the Year category – being one of only three independent law firms in Vietnam to be on the shortlist. We thank our clients’ continued support and trust in our team, and Chambers and Partners for its tireless efforts in delivering insight into the best law firms and legal practitioners globally.
Vietnam Power Generation Sector Update - Webinar Series
Over the past months, significant legislative developments have emerged in Vietnam's power generation sector. These include Decree 80/2024/ND-CP (Decree 80) relating to direct power purchase agreements (DPPA) applicable to renewable energy projects, Circular 07/2024/TT-BCT (Circular 07) defining methods for calculation of power generation tariffs and regulating certain model PPAs, implementation plans of the Power Development Plan 8 (PDP8), the draft amendment to the Electricity Law, as well as the Draft Decree on Rooftop Solar, and we can expect more to come.
Financing Real Estate Development Projects: Notes for lenders and developers
Vietnam’s real estate sector is poised for significant changes due to the recently issued laws that will take effect in less than a year from now, marking an important milestone towards further aligning Vietnam’s real estate practices with international standards. These new laws aim to modernise the sector by bringing more transparency and reducing legal uncertainties for investors, lenders, and developers, bolstering investor confidence and growth in the sector.
Frasers Energy Breakfast Briefing 2024
We are pleased to invite you to our upcoming seminar, the Frasers Energy Breakfast Briefing, that will be held at 8:00 am on Tuesday, 12 March 2024 at our Ho Chi Minh City office.
Leading By Leaning In - Frasers Women in Business Breakfast Meeting
In honour of International Women's Day, we are pleased to invite you to our inaugural Women in Business Breakfast Meeting dedicated to celebrating the remarkable achievements and contributions of women in Vietnam’s business community.
Awards and Rankings
Asia Pacific Legal 500 2024
Hall of Fame
Mark Fraser 
– Fraser Law Company
Ho Thuy Ngoc Tram – Rising star
Duong Thi Mai Huong – Rising star
Dinh Thi Hien Ly – Rising star
The leading and authoritative guide to law firms in Vietnam is contained in The Asia Pacific Legal 500. Frasers is consistently ranked as a top-tier firm in Vietnam, and in particular, has been recommended in the following practice areas in the Legal 500 Asia Pacific 2024 Rankings (in alphabetical order):
- Banking and Finance
- Capital Markets
- Corporate and M&A
- Data Protection
- Dispute Resolution
- Insurance
- Intellectual Property
- Labour and Employment
- Projects and Energy
- Real Estate and Construction
- Shipping and Aviation
- Tax
- Technology, Media and Telecommunications (TMT)
Clients’ Testimonials
“Frasers Law Company assists clients with a wide range of IP matters, including copyright, patent, and trademark infringement, trademark registration and enforcement, technology transfer contracts, and trade secrets cases. Mark Fraser leads the team alongside Nguyen Van Vien, who also serves as chairman of the Intellectual Property Association of Ho Chi Minh City, as well as director of the Vietnam Intellectual Property Institute. The team advises clients in the education, food and beverages, banking, manufacturing, and biotech sectors, among others.”
“Frasers are well-connected within Vietnam and able to get access to many different organisations and parties. They also have an associated company, Frasers International which further extends their capabilities well beyond Vietnam.”
“Mark Frasers and Ho Thuy Ngoc Tram have been impeccable in terms of professionalism and quick turnaround.”
“Frasers Law Company advises on the tax aspects of M&A transactions and advisory matters for customs duty and VAT, in addition to acting for international companies looking to establish a presence in Vietnam on tax structuring issues. Praised as 'didactic and extremely helpful in navigating the Vietnamese tax environment', founding partner Mark Fraser co-leads the practice alongside Phan Xuan Qui, who has considerable experience in direct and indirect tax advisory and compliance services.”
“An experienced team who have a good sense of international sponsor/lender requirements and can play a strong supporting role on project financings. They work very collaboratively with international counsel.”
“Very practical structuring advice, excellent communication, meeting deadlines and avoiding surprises. Flexible to meet the client’s requests and to tailor advice and solutions as needed.”
“The leadership is very hands-on with every assignment and creative in their thinking and problem solving. They take ownership of deals and act as if they are part of the in-house legal team.”
“The team is very responsive and commercial. They are a go-to firm in Vietnam because they provide concise and thoughtful advice and can be relied upon to meet tight deadlines.”
“Frasers Law are unique in Vietnam as they bring a very strong international approach to the local area. They apply this international know-how to the needs of multinational clients within Vietnam and ensure that local requirements are understood and met.”
Asialaw Profiles 2023-24
Mark Fraser – Elite Practitioner
Frasers is recognised as an Outstanding Firm in Asialaw Profiles 2023-24 – The Guide to the Asia-Pacific’s Leading Law Firms.
Outstanding
- Corporate M&A
- Projects Infrastructure
Highly Recommended
- Banking and Finance
- Dispute Resolution & Litigation
- Energy and Natural Resources
Recommended
- Banking and Financial Services
- Capital Markets
- Construction and Real Estate
- Intellectual Property
- Project and Infrastructure
- Labour and Employment
- Shipping, Maritime and Aviation
- Tax
Clients’ Testimonials
“Frasers has deep knowledge of local laws and are very responsive to our queries.”
“Responsive, gives practical advice, communicates effectively.”
Chambers Asia Pacific 2024 and Chambers Global 2024
Mark Fraser – Leading Individual
Frasers is ranked as Leading firm in Chambers Asia Pacific 2024.
Chambers Asia Pacific 2024
Client’s Testimonials
"I think Frasers are very user-friendly. They are technically very strong in terms of advising on the Vietnamese legal position but can also go a step further and provide practical advice."
"They are a very efficient team. They work in a timely manner and get things done. One gets lots of time with the partners."
"They are very responsive and knowledgeable. I enjoy working with them."
"The team at Frasers are always very professional, prepared and customer-oriented."
"Frasers have local Vietnamese and foreign lawyers who form a very strong team addressing all aspects of the legal, administrative and business process."
"I appreciate that they are very prompt in their responses and focused on quality control."
"The service is excellent, and so is the calibre of people there."
"When they communicate with you, they are very comprehensive."
"Frasers has a great understanding of the law, and the service is excellent."
"Frasers Law Company's knowledge in the property and commercial market is strong and its approach to business is very commercial."
"Frasers Law Company is focused on quality control."
"We are impressed by their knowledge and how they have handled matters."
Chambers Asia Pacific 2024
IFLR1000 2023
We are recognised by IFLR1000 in the following practice areas:
- Banking & Finance
- Capital Markets
- Corporate M&A
- Projects and Infrastructure
Clients’ Testimonials
“Practical advice. Deep understanding of local market and of our commercial priorities. Excellent service, quick delivery.”
“On top of everything, very detailed, very trustful and focused, high expertise, fast in responding/follow up.”
“The firm has a strong understanding of the law and the approach of local regulatory agencies to interpretation of applicable laws. They’re knowledgeable, practical, and responsive.”
“They support us in negotiating with the investor and find the solution to settle the differences between the opinion of the company and the investor.”
“They were persistent in their effort to get the license we were applying for, navigating through the complicated procedures of the application.”
“Timely and responsive. Clarity of advice and feedback.”
“They are familiar with the local regulatory framework. They understand the key issues related to foreign direct investment requirements, government policies and the differences between local law and British law, therefore they can provide effective advice for foreign investors regarding potential acquisition.”
“Timely, detailed and thorough advice. On top of recent legal and regulatory developments and experienced in liaising with the authorities on the ground in Vietnam. On top of policy developments and able to provide insights into the rationale guiding the government’s actions.”
“They are very thorough, very knowledgeable. They are extremely responsive and attentive. They listen and seek to provide practical and technical responses.”
“Very professional, understand international law practice, and provide practical and actionable advice.”