Dang The Duc (Mr.)


Vietnam/Indochine Counsel

International trade

Cross-border investment

litigation & arbitration

Intellectual property rights

Cross-border financial


Dang The Duc is the founder and managing partner of Indochine Counsel. With more than 20 years of experience in business law practice in Vietnam, Duc has extensive expertise advising foreign clients in international and cross-border transactions in such areas of practice as inward investment, corporate & commercial transactions, private equity, M&A, securities & capital market transactions, corporate restructurings, and project financing. Over the past several years, he has been involved in a number of major transactions for leading financial institutions, investment funds and multinational companies. In addition, he has substantial experience in advisory & transactional work for IPR, IT and technology related matters.

Duc has been recognized as a leading lawyer in Vietnam by various international publications such as IFLR1000, Asian Legal Business, Chambers Global, Legal 500 Asia Pacific, Asialaw Profiles, The International Who’s Who Legal, The Expert Guide - The World’s Leading Lawyers, and Managing Intellectual Property.  

He is an active speaker for conferences and seminars both in Vietnam and abroad for such legal business topics as M&A, private equity, corporate transactions, securities and capital markets.


LLB, Hanoi National University, 1994

BA, Hanoi Foreign Languages University, 1996

IPDP, Int’l M&A and Capital Markets & Loans, The College of Law of England & Wales, 2007- 2008

Work Experience:

Acted as the local team leader for the project “Corporate Governance ROSC Assessment for Vietnam” (2013), an initiative by the World Bank 

Acted as the local lead counsel for conducting the Legal Analysis for Implementation of Vietnam National Single Window, a project funded by USAID; 

Advised a UK education group for acquisition of an international school in Ho Chi Minh City; 

Advised China Development Bank (CDB) and issued legal opinion in relation to its financing with the value of appx. US$500 million for a high-way project (Hanoi-Hai Phong Highway Project) in Vietnam;

Advised Tan Tao Corporation in a coal-fired Kien Luong 1 power plant with capacity of approximately 1,200 megawatts in the south of Vietnam, including review / advice on PPA, Government Guarantee, EPC Contract, Coal Supply Agreements, and financing documents for the project. The total investment capital of the project is VND45,792 billion;

Advised EVN for negotiation of the power purchase agreement (PPA) for the 1200 MW Mong Duong 2 BOT Coal-fired Thermal Power Project;

Advised Trung Nguyen Group acquire a state of the art factory in Binh Duong Province from Vinamilk, via assets acquisition for a consideration of appx US$40 million; 

Acted for Truong Hai Auto Group for disposal of 20% stake for a consideration of US$77 million; 

Acted as the Vietnam counsel for Providential Holdings, Inc. in the formation of a US$250 million offshore investment fund with focus on the Vietnam equity market; 

Acted for Gimpex Group (India) for acquisition of an iron ore mine in Hua Phan Province, Lao PDR; 

Acted for Gimpex Group / SPG Mining Pte Ltd. to prepare and advice on the BCC for mining activities of a lime stones mine in Ha Nam Province, with the project value of US$50 million;

Advised Alliance Minerals Vietnam Limited in acquisition of a white marble mine in Yen Bai Province, Vietnam, including preparation of the business cooperation contract (BCC) with the project value of more than US$100 million; 

Acted as the Vietnam counsel for Erria A/S (borrower) in relation to the Multi-option Facility Agreement (with the loan valued at DKK45 million), Guarantee and Share Pledge Agreement with Danske Bank Group; 

Acted for Saigon Paper Corporation to sell shares for strategic investors, Daio Paper and Development Bank of Japan (DBJ), with the deal size of appx. US$8.5 million; 

Acted as the legal counsel for the Industrialisation Fund for Developing Countries (IFU) (Denmark) for a loan of US$8.5 extended by IFU to Hanoi-Vungtau Brewery Joint Stock Company (HVB);

Advised Thanh Viet Investment Fund Management Company for formation of 2 private, closed-end funds for a local fund manager; 

Acted for the Ho Chi Minh City Investment Fund for Urban Development (HIFU) in relation to syndicated loan / Hermes Buyer Credit Agreement, with the value of US$93 million, for financing Phu My Bridge BOT Project; 

Advised Kostal Eco Industries Co Ltd. to prepare and negotiate for an EPC contract for a waste water treatment plant with Phong Phu Textile Company; and 

Acted for Binh Phuoc Construction – Consultant and Development Investment Company (BICONSDIN) for an EPC contract for a complete ropeway system at Ba Ra mountain, Binh Phuoc province, Vietnam


Named as an “In-House Community Commended External Counsel of the Year, 2019” by The In-House Community

Named as a Market-leading Lawyer in Corporate/M&A in Asia law Leading Lawyers 2016 -2018

Named as one of the leading Mergers & Acquisitions experts in Vietnam in the Euromoney’s Banking, finance and transactional Expert Guide - The World’s Leading Lawyers 2012 - 2019

Selected as the Winner in Private Investment Funds Lawyer of the Year in Vietnam by Finance Monthly Law Awards 2016

Named as an IP Star in the Managing Intellectual Property IP Stars Handbook 2015 and 2016

Named as one of the best lawyers in Corporate/M&A in Chambers Asia-Pacific 2015

Recommended lawyer for Corporate/M&A by The Legal 500 Asia Pacific 2014

Named as one of the world’s leading telecoms & media lawyers in The International Who’s Who of Telecoms & Media Lawyers 2014 & 2015

Named as a leading M&A lawyer in Vietnam in The Guide to the World's Leading Emerging Markets Practitioners 2010 and 2011 (IFLR)

Named in Asian Legal Business Top 100 Lawyers 2009 (ALB Hot 100)

Leading Lawyer (Financial &Corporate), IFLR1000 (2010 edition)

Named M&A Expert in ALM Guide to Global M&A 2008 & 2009


Ho Chi Minh City Bar Association;

International Bar Association;

Inter-Pacific Bar Association;


International Trademark Association;

Asian Patent Attorneys Association

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