Tran Tuan Phong

VILAF - Vietnam

Senior Partner


+84 24 3934 8530

Market leader


Bar admissions:




Practice areas:

Capital markets
Energy and infrastructure
Project development
Project finance

Industry sectors:

Construction and materials
Consumer goods and services
Financial services
Oil and gas
Technology and telecommunications

Phong is recommended as a top-tier lawyer in Banking&Finance, Capital Markets, Corporate/M&A and Infrastructure&Energy by many reputable legal directories such as Chambers&Partners, Legal 500, IFLR 1000 and AsiaLaw. Clients comment that Phong is “Very innovative and problem solving as well as understanding the client's issue and providing excellent advice.”

His broad experience includes representing international sponsors and lenders in relation to large-scale projects in oil&gas, power, chemical, automobile, aircraft, sea-port, highway, telecommunication, insurance, real estate, retail & distribution, and consumer goods industries. He is well-known for advising international businesses and banks on corporate restructuring and financing, share subscriptions, mergers and acquisitions, international bonds and IPO, ECA and syndicated financing, asset financing, and project financing in Vietnam. 

  • Advised Grab in relation to its acquisition of the Southeast Asia business of Uber Technologies Inc. including Vietnam
  • Advised Vingroup in relation to their 144A rule international placement and listing on HOSE with the offer value of US$740 million for Vincom Retail in 2017 and US$1.4 billion for Vinhomes in 2018, the largest listing ever recorded on HOSE up to date
  • Advised AES-VCM Mong Duong Holdings B.V. in relation to the international bond and commercial loan refinancing of Mong Duong 2 2x600 MW Coal Fired Power Plant on a BOT basis in Vietnam in 2019
  • Advised Sumitomo Corporation in Van Phong 1 coal-fired power BOT project funded by JBIC, NEXI and commercial banks with successful financial close in 2019
  • Advised Marubeni Corporation (Japan) and KEPCO (Korea) in Nghi Son 2 coal-fired power BOT project funded by JBIC, KEXIM and commercial banks with successful financial close in 2018
  • Advised Long Son Petrochemicals in relation to its financing via an US$3.2 billion syndicated loan to develop its Long Son Petrochemicals Complex in Ba Ria – Vung Tau province, Vietnam
  • Advised Bangkok Bank in relation to the financing of CMX RE Sunseap Solar Project in Ninh Thuan, Vietnam
  • Advised Vingroup in US$850 million sale of shares to GIC Private Limited for pre-IPO headstock investment and project level investment of US$450 million in Vinhomes
  • Advised Vingroup in the sale of US$500 million shares in VCM Services and Trading Development Joint Stock Company to GIC-led consortium
  • Advised Vingroup in the US$400 billion preference shares to Hanwha Group (for the first time of this deal in Vietnam);
  • Advised Credit Suisse in the structuring of a private placement of near US$270 million by Vietcombank to GIC Private Limited
  • Advised CVC in relation to its acquisition of shares in Asia Commercial Bank as listed in Hanoi Stock Exchange
  • Advised Chevron in their gas pipeline project for Block 52 and Block B
  • Advised many international lessors and lenders in their aircraft leasing and financing in Vietnam such as BNP Paribas, Macquarie, GE Capital Aviation Services, AWAS, BOC Aviation, MG Aviation, Dubai Aerospace Enterprise, Wings Capital Partners, etc.

  • Asset finance
  • Banking and Capital markets
  • Competition
  • Investment funds
  • Corporate/M&A
  • PPP
  • Private equity
  • Project development/Project finance

  • Automotive
  • Aviation
  • Banking
  • Construction and materials
  • Consumer goods and services
  • Energy
  • Food and beverage
  • Healthcare
  • Natural resources
  • Oil and gas
  • Real estate
  • Tech and telecoms

  • AmCham
  • IBA
  • VBLC
  • VBF

  • LL.B, Hanoi Law University, 1995
  • LL.M, Tulane University (US), 2002