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
Draft Decree on Regulation Regarding Foreign Employees Working in Vietnam
The Ministry of Home Affairs has released a draft decree intended to replace Decree No. 152/2020/ND-CP (as amended), which currently regulates the employment of foreign nationals in Vietnam. The proposed changes aim to streamline administrative procedures and bring greater clarity to the regulatory framework governing foreign workers. In doing so, the draft seeks to address persistent ambiguities and procedural bottlenecks that employers and expatriate professionals have faced in practice.
The Revised PDP8
On 15 April 2025, the Prime Minister of Vietnam issued Decision No. 768/QD-TTg, which replaces and introduces significant amendments to Decision No. 500/QD-TTg and its associated implementation plans (PDP8) concerning the National Power Development Plan for the period 2021–2030, with a vision to 2050 (Revised PDP8). The new Decision marks an important shift in the Government’s approach to national power planning, particularly in light of evolving energy transition goals and Vietnam’s commitment to sustainable development.
Decree 69: Key Changes to Foreign Shareholding in Vietnamese Credit Institutions
On 19 March 2025, the Government of Vietnam issued Decree No. 69/2025/ND-CP (Decree 69), which amends and supplements certain provisions of Decree No. 01/2014/ND-CP dated 3 January 2014 concerning the purchase of shares by foreign investors in Vietnamese credit institutions. The new regulations apply to both joint-stock credit institutions and those that have been converted into joint-stock credit institutions, marking an important step in aligning the regulatory framework with recent legal and economic developments.
Decree 58: Rooftop Solar, Offshore Wind, and New Energy Incentives Clarified
On 3 March 2025, the Government of Vietnam issued Decree 58/2025/ND-CP (Decree 58), providing detailed implementation guidance under the Electricity Law 2024 in relation to the development of renewable energy and new-energy electricity projects, with a particular focus on offshore wind power and rooftop solar power systems (RTS). Decree 58 introduces important regulatory clarifications concerning project eligibility, investor incentives, ownership restrictions, and compliance obligations for self-consumption systems. It also establishes a preferential regime to encourage early-stage investment in large-scale offshore wind projects.
Frasers Law Company celebrates Senior Legal Team promotions
We are thrilled to announce the well-deserved promotions of key members of our senior legal team at Frasers Law Company. These advancements reflect the trust and confidence our clients place in our colleagues and our firm’s unwavering commitment to maintaining the highest standards of quality and professionalism across our firm.
Frasers Law Company 30th Anniversary Celebrations
Our firm celebrated a milestone 30 years as a top tier law firm in Vietnam on Thursday, 5 December at the Independence Palace in Ho Chi Minh City. It was a truly unforgettable evening filled with cherished memories, shared with our clients, friends of the firm, family, and our incredible Frasers team. Our 30th Anniversary as a firm has been a tribute to all who attended - many from overseas - that made the celebration a resounding success.
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.
Frasers Webinar Series: On Demand
Did you miss any of our previous sessions in the Frasers Webinar Series? You may access the recordings of our presentations through the links on this page.
Construction & Contractual Claims: A Closer Look at Delay-Driven Disputes
Delays in construction and renovation projects frequently give rise to complex disputes, both in terms of insurance coverage and contractual liabilities. This webinar presents two detailed case studies highlighting how delay events can lead to substantial legal and financial claims across distinct sectors.
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.
Awards and Rankings
Asia Pacific Legal 500 2025
Mark Fraser - Hall of Fame
Ho Thuy Ngoc Tram – Next Generation Partner
Duong Thi Mai Huong – Leading Associate
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 2025 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
“The team at Frasers excels with its deep expertise, client-focused service, and innovative approaches. They have extensive experience in employment disputes, mergers & acquisition, banking and finance, restructuring and insolvency, commercial real estate transactions, and infrastructure projects.”
“They are immaculate communicators and are always thorough in examining legal questions from all relevant perspectives and - most importantly - working quickly and efficiently to coordinate processes reliant upon multiple parties.”
“I am continuously impressed by the services provided by Frasers. Flexible and dynamic problem-solvers and innovative thinkers.”
“Frasers Law is unique in Asia as the firm has the ability to deliver successful M&A solutions across broad geographic boundaries well beyond Asia.”
“Frasers have a good sense of what international clients are interested in with respect to project issues. They communicate clearly and are responsive. They are on top of the latest developments in Finance.”
“The firm has in-depth knowledge of the energy sector in Vietnam. This enables the firm to be able to advise on structuring of new projects and their financing.”
“On an on-going basis, the firm will organise talks to update of the current laws and regulations which is relevant in order to keep abreast with the changing laws and regulations.”
“The team is very down to earth and always provide timely, practical advice.”
“They have a keen understanding of the precedent position in terms of what is achievable in negotiations with Vietnam government counterparties, combined with a strong understanding of international lenders' requirements.”
“Frasers is responsive, able to get work done within timeframes requested, and always drafted for the audience.”
Asialaw Profiles 2024
Mark Fraser – Elite Practitioner
Frasers is recognised as an Outstanding Firm in Asialaw Profiles 2024 – 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 2025 and Chambers Global 2025
Mark Fraser – Top Ranked
Frasers is Top Ranked Law Firm in Chambers Asia Pacific 2025
Chambers Asia Pacific 2025
Client’s Testimonials
"Frasers Law Company provides an excellent service. They have strong availability and responsiveness, and they are very timely."
"Frasers Law Company provide an exemplary service and are extremely responsive."
"The team has a good balance between local insight and adherence to global standards. The firm's particular strengths lie in their ability to handle intricate and sophisticated matters efficiently."
"Frasers Law Company gets things done. The service and communication are great, and the availability and responsiveness is amazing."
"The partners have excellent track records winning international disputes.”
"Frasers Law Company stands out in terms of service, commerciality and offers accessible and easy-to-understand advice."
"They provide excellent service and are always available and responsive. The team delivers exactly what is asked and the advice is commercial and easy to understand."
"They don't just regurgitate the law, but rather advise in a practical manner. They are very clear on our internal structure and our needs."
"Frasers have an excellent grasp of Vietnamese law and a good understanding of the drivers for international companies when operating in foreign jurisdictions."
"They have a strong depth of international legal knowledge and experience, a talented workforce, transparent fee structures, definitive advice, prompt solutions and a high success rate."
"They combined solid technical skills with deep understanding of the business and good knowledge of the tax authorities."
"They give very clear, concise and realistic advice about complex tax rules in Vietnam."
"Frasers Law Company gives thorough and well-considered advice."
"The service is very reliable, and they are prompt, professional and knowledgeable. They're always on the ball."
Chambers Asia Pacific 2025
IFLR1000 2024
We are recognised by IFLR1000 in the following practice areas:
- Projects - TOP TIER
- Banking & Finance
- Capital Markets
- Corporate M&A
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.”