Practice Area and Credentials

Technology

Asia Counsel is one of the few firms in Vietnam with focused expertise in advising start-ups, entrepreneurs, venture capital firms and investors operating in novel technology industries.

Asia Counsel has further pursued this niche in its capacity as the legal partner of the Vietnam Innovative Startup Accelerator (VIISA) program established by Dragon Capital, Hanwha and FPT and of the Founder Institute in Vietnam. These collaborations demonstrate our commitment to supporting dynamic tech ventures.

In advising dynamic companies in the areas of technology and digital services, Asia Counsel has taken an innovative approach in playing a role in the development of future industries and exciting companies in Vietnam and the wider region.

Our partners have acted on the following matters:
  • STT GDC – Acquisition of two data centers in Vietnam, involving comprehensive due diligence and transaction documentation.
  • Quantum Switch – Proposed investment in providing data center services in Vietnam.
  • Iron Mountain – Establishment of a branch and warehouse for electronic data storage solutions in Vietnam.
  • Amazon Web Services – Corporate and regulatory advice related to data centres, cloud computing services, and telecommunications.
  • An American-based multinational e-commerce company – Proposed investment in satellite internet services in Vietnam, including regulatory and structuring advice.
  • Auctus Capital Partners AG – Acquisition of Fram Venture 11 AB, including assets in Vietnam, with legal red-flag due diligence.
  • Auctus Capital Partners AG – Acquisition of Vietnam IPS Software Company, involving legal due diligence and document review.
  • Spark Education Group – Investment in Everest Education, including legal red-flag due diligence.
  • STIC – Investment into Carousell Group, advising on transaction documents and conducting legal due diligence on Cho Tot.
  • ELSA Now – Structuring operations in Vietnam, including inversion under a US holding company.
  • Fintech Farm UK – Partnership with Ocean Bank Vietnam to develop a banking products platform.
  • Franklin AI – Corporate matters including employment, tax, and investment regulations.
  • Fonos – Series A financing round for their Vietnamese language audiobook app.
  • Citigo Software JSC – USD 45 million Series B financing round led by KKR.
  • EDBI – Participation in the USD 250 million Series B fundraising round of VNLIFE, owner of VNPAY.
  • Aspire – Vietnam law aspects of its USD 158 million Series B fundraising round and USD 100 million Series C round.
  • A consortium of investors – Participation in USD 27 million Series B and USD 65.7 million Series C fundraising rounds for Doctor Anywhere.
  • VinaCapital Venture – Investment in technology companies including Rever Tech (real estate tech) and ISOFH (medical tech).
  • Sequoia Capital – Early-stage investments in Vietnamese tech companies like Trusting Social and Buymed.
  • Mango Insurtech – Series seed round financing for insurance technology solutions in Vietnam.
  • A Germany-based automobile company – A proposed collaboration with Telstra for mobile internet services.
  • Bace Fund – Legal due diligence on Loship, a Vietnamese on-demand e-commerce platform.
  • Jungle Ventures – Investment in an ed-tech company operating an online English learning platform with over five million users across Southeast Asia.
  • Vigo Retail – Series A financing round for their service technology company operating in Vietnam.