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Luong Van Trung

Luong Van Trung

Partner, Ho Chi Minh

LLB (Hanoi), GDL (University of Law, England), MCIArb, Arbitrator at VIAC, Member at SIAC Reserve Panel of Arbitrators, VIArb President,
Tel:  +84 28 3936 5018
Fax: +84 28 3936 5019



  • Capital markets
  • Real estate and construction
  • Restructuring and insolvency
  • Corporate and M&A
  • Dispute resolution
  • Industries

  • Insurance
  • Funds management
  • Construction and major projects
  • Real estate
  • Education
  • Luong Van Trung is a Founding Partner of Lexcomm Vietnam LLC, based in Ho Chi Minh City, Vietnam.

    Trung has over 23 years of experience in legal practice related to foreign direct investment, securities and capital transactions, project financing, private equity, commercial and corporate matters, and 6 years of general and investment compliance. His experiences focus on the areas of capital markets and finance, corporate and M&A transaction, real estate and construction, and dispute resolution.

    Trung is an arbitrator at the Vietnam International Arbitration Centre (VIAC) with a particular focus on investment, finance, real estate & construction, corporate and commercial matters. He has acted as arbitrator in over 65 cases at VIAC. He also became a member of SIAC Reserve Panel of Arbitrators in January 2023.

    Trung has been nominated as Asia Leading Lawyer 2015, 2016, 2017 for Banking & Finance, Capital Markets and Dispute Resolution and Asia Market Leading Lawyer 2018, 2019 for Banking & Finance, Construction & Real Estate. He has been also recognised as Recommended Lawyer by Legal 500 Asia Pacific 2023, Distinguished Practitioner in Corporate and M&A by the Asialaw Leading Lawyers 2020, 2021 and Notable Practitioner by the IFLR100 Asia Pacific 2019, 2020, 2021, 2022.

    Trung has written numerous articles and publications for The Saigon Times (the most prestigious business magazine in Vietnam) on various matters in relation to investments, contract, real estate, M&A, company and others.

    Professional background

    Trung holds a Bachelor of Laws from Hanoi Law University and Graduate Diploma in Law (a law conversion course for legal background to be qualified as solicitor or barrister in England and Wales and covering roughly the same content as a law degree (LLB) from the University of Law, England. 

    Trung started his legal career by joining two leading local law firms before working for a multi-national FMCG company as legal manager in charge of commercial, regulatory and corporate matters. He later moved to Manulife Financial as legal counsel and compliance officer for both of life insurance and fund management businesses, where he was also responsible for legal matters and general and investment compliance of both companies, including building and implementing internal control policies.

    Trung had been General Counsel and Chief Operating Officer at Saigon Asset Management (“SAM”), who manages two funds listed on Frankfurt Stock Exchange with total asset value of US$125 million investing in private equity, OTC and listed stock and real estate projects, for 4 years (2007 – 2011). He then resigned from full-time management at SAM but still acted as an external advisor of the company before he had become a member of its Board of Advisors until 8/2016.


    Trung is admitted to practice in Vietnam as a qualified lawyer of the Ho Chi Minh City Bar Association and a member of the Vietnam Bar Federation. He has worked in Hanoi and Ho Chi Minh City. 

    He is a member of Chartered Institute of Arbitrators (MCIArb). 

    Trung is an arbitrator at Vietnam International Arbitration Centre (VIAC), China International Economic and Trade Arbitration Commission (CIETAC) and a member of Reserve Panel of Arbitrators of Singapore International Arbitration Centre (SIAC) with a particular focus on investment, finance, real estate & construction, corporate and commercial matters. He is also a founder and President of Vietnam Institute for International Arbitration (VIArb), non-profit arbitration training organisation in Vietnam.

    Trung is also a Mediator at Vietnam Mediation Centre (VMC), an Accredited Mediator of Centre for Effective Dispute Resolution (CEDR) and an International Accredited Professional Mediator at Japan International Mediation Centre in Kyoto (JIMC-Kyoto).

    Beside legal and arbitration practice, Trung is an independent member of Board of Representatives of MB Capital Value Fund (MBVF) managed by MB Capital.

    Major Projects and Clients

    Trung has advised on a broad variety of major transactions, including:

    • advising Bitexco in relation to its proposed US$780 million Dau Giay-Phan Thiet Expressway Project
    • advising an unprecedented US$12.5 million share swap transaction of Duc Long Gia Lai Group (DLG) in which DLG issued new shares to Global Emerging Markets (GEM) via private placement but for exchanging shares held by GEM in an offshore company instead of money
    • participating in drafting placement memorandum (prospectus) for two investment funds to raise successfully US$125 million and subsequently listed on Frankfurt Stock Exchange
    • working with a leading law firm in the USA and one in Cayman Islands for 4 years on the laws of USA, Germany and Cayman Islands related to forming and operation of 2 funds, their investment manager and 11 SPVs
    • taking part in drafting placement memorandum (prospectus) for other 5 funds: Media Fund, Smart Money Fund, Distress Asset Fund, Infrastructure Fund and Energy Fund
    • acting as member of Investment Committee of 2 funds investing in equity and real estate with US$125 Million
    • responsible for all legal and corporate matters of Cayman Islands investment management company managing two investment funds with 12 subsidiaries established in both Cayman Islands and Vietnam for 4 years
    • responsible for all legal matters and investment compliance relating to investment management of US$125 million investing in private equity, merger & acquisition, equity and real estate projects for 4 years
    • advising and assisting a MB Capital on forming MB Capital Bond Fund (MBBF) (a mutual fund of fixed income investment)
    • advising and assisting a MB Capital on forming MB Capital Value Fund (a mutual fund of equity investment)
    • advising a borrower on a US$180 million financing for a hydro power project
    • advising Southern Hydropower Joint Stock Company (SHP) for over 6 years on its projects and day-to-day business
    • advising Samsung in technology transfer and registration of new business activities related to export, medical devices distribution
    • advising Nissan in registration of new business activities related to manufacturing and distribution and setting up new branch in Ho Chi Minh City with total investment capital of US$53 million
    • advising Vinaconex - Viettel finance company in a merger with a SHB Bank, including advising the divestment by Viettel in the company, merger plan to be submitted to State Bank of Vietnam and necessary contracts and corporate papers to achieve completion of the transaction
    • advising MB Bank in a merger with a Song Da finance company 
    • acting as arbitrator in over 30 disputes at VIAC since May 2014 in relation to construction, engineering, sales of goods, services, logistics and leases
    • acting as counsel in several disputes at VIAC and SIAC