YKVN wins Vietnam Firm of the Year at the 2021 Benchmark Litigation Asia-Pacific Awards
YKVN is delighted to have been chosen as Vietnam Firm of the Year at the prestigious 2021 Benchmark Litigation Asia-Pacific Awards amidst “a strong competition from firms who have performed exceptionally at both local and national levels” according to Benchmark.
“YKVN is recognised by peers and clients as having one of the most formidable and largest dispute resolution teams in the country. On the local front, the firm captures a sizable share of complex and high-stakes litigation and arbitration matters in the market. Its international arbitration practice is well-established and continues to steadily grow across borders. It is the only domestic law firm with a Singapore office housing highly qualified and experienced lawyers to service its local and regional clients. YKVN’s consistent track record of acting as lead counsel on international arbitrations has resulted in its placement as the sole firm in the highest band of our new international arbitration table. The firm’s Vietnam-based litigation team comprises 15 lawyers including six partners and a counsel, while the Singapore office is staffed by nine lawyers, four of whom are partners that regularly engage in international arbitration matters at the SIAC.
Partners Truong Trong Nghia and Luu Tien Dzung are key disputes contacts in Vietnam, while international arbitration specialists K. Minh Dang, K. Nguyen Do, Thang Pham and Phuong Tran are based in the firm’s Singapore office.” (Benchmark Litigation APAC 2021 Rankings)
In the virtual awards ceremony held on May 27, 2021, Benchmark Litigation said of YKVN:
“YKVN wins our Vietnam firm of the year award thanks to its market-leading litigation and international arbitration teams and the cases they worked on last year. The firm represented Vietnam’s Eximbank in a dispute against a domestic cashew nut purchaser that led to the Supreme Court’s first ever endorsement of the principle of independence of credit letter transaction from the underlying commercial transaction. The Supreme Court council of justices issued this decision as one of the 16 precedents last year that had to be applied by all judges of the Vietnam courts. In a high-profile matter, YKVN acted for e-hailer Grab until its final appeal was struck down last year. By then, the litigation had provided Grab with a strategic breathing spell and the government had already issued new legislation that created a clear basis for the client to conduct its business in Vietnam. YKVN continues to be a firm of choice for highly selective international and domestic clients, and it is the only Vietnamese firm with a full-fledged and long-established office in Singapore to handle international arbitration matters.”
ABOUT THE AWARDS
The Benchmark Asia Pacific 2021 Virtual Awards celebrated the leading litigators, law firms, and most impactful disputes across the region. The awards provided an unrivaled opportunity to recognize Asia Pacific firms and individuals who have performed exceptionally at local and national levels. The shortlists are the culmination of months of researching, analyzing hundreds of submissions, surveying thousands of referees, and interviewing hundreds of lawyers. The winners were announced in a virtual ceremony on May 27, 2021.
The full list of winning firms can be found on the Benchmark Litigation website here.
For a full explanation of the process and methodology please visit.
For more information, please contact YKVN Marketing Team:
YKVN Marketing Team
T: (+84-28) 3 822 3155