Nguyen Ngoc is a Counsel of the firm, based in the Ho Chi Minh City office. She has practised in Vietnam since 2007, advising international and domestic clients on complex infrastructure, energy, and corporate transactions in Vietnam and across the region.
Ngoc’s practice focuses on the development, financing, and acquisitions of power and infrastructure projects, including pioneering clean energy initiatives. She works closely with colleagues in Vietnam, Singapore, and Tokyo to support multinational clients, and has extensive experience working with both sponsors and Vietnamese regulators on landmark renewable energy and other strategic energy projects.
She is recognized by legal directories as a top-tier project lawyer, valued for her ability to deliver practical solutions in complex cross-border transactions. Her deep understanding of Vietnamese law and market dynamics, combined with international legal training and experience, enables her to bridge diverse stakeholder interests. Ngoc has also built long-standing relationships with government authorities and state-owned enterprises in Vietnam’s power and energy sectors.
Representative transactions:
Power
- A consortium of leading investors on the development and financing of a major LNG-to-power project in Binh Thuan province.
- An American energy company on proposed acquisition of an LNG-to-power project near HCMC.
- A multinational investor on the development of a 750MW BOT Gas to Power Project in central Vietnam.
- A consortium of Asian multinational investors on the proposed development and financing of the MW1,300 Quang Tri BOT Power Project in Quang Tri province.
- A U.S. multinational on various aspects of the operation of the 1,240MW Mong Duong 2 BOT power plant.
- A U.S. multinational on investment in a proposed US$4 billion LNG-to-power project in Bac Lieu province.
- A leading investor on various aspects of the development of an LNG-to-power project in the south of Vietnam.
- A consortium of European sponsors on the proposed Ca Na LNG-to-Power project.
- An Indian multinational investor on the proposed development and financing of the 1,200MW Long Phu Power Project in Mekong River Delta.
- A major MENA power investor on its investment in the 2,400MW Nam Dinh 1 BOT Power Project in Nam Dinh province.
Renewable energy
- An Asian multinational investor on the development and financing of a near-shore wind power project in the south of Vietnam, including drafting and reviewing project contracts, EPC Contract, O&M Contract, and financing contracts.
- A major Japanese investor on acquiring two onshore wind projects in Tra Vinh province.
- A trust fund of the Asian Development Bank on its guarantee for Hong Phong 1 Energy Joint Stock Company’s 15-year VND2.15 trillion and 5-year VND400 billion amortizing project bonds issued for the Hong Phong 1 solar project in Vietnam.
- A major investor on co-development of 600MW Thang Long Wind Power Project in Binh Thuan province.
- An Asian multinational investor, the owner of a renewable electricity generation and storage investment platform, on its joint investment in rooftop solar businesses in Vietnam.
- The senior lenders on financing the development of 37MW Mui Dinh wind power project in Ninh Thuan province.
- Asian Development Bank as advisor for the Da Nang City government in relation to a bidding process for the development of a solid waste treatment complex in Hoa Nhon ward, Da Nang City in the PPP model, including drafting PPP project documents.
- Asian Development Bank in relation to the designing a competitive bidding process to be initiated by the Ministry of Industry and Trade of Vietnam for the development of a 200-300MW solar park project.
- A multinational investor on acquisition of Coc San hydropower project in Lao Cai province.
Oil and gas
- A MENA investor in respect of the US$9bn Nghi Son Refinery in Vietnam and the operation of the project.
- A major Japanese oil and gas multinational on its sales of interest in an oil field offshore Thailand.*
- A major investor on sales of its Vietnamese and Malaysian upstream assets.
- A US oil and gas investor on negotiation and signing of two production sharing contracts with PetroVietnam and an acquisition of an upstream asset from an existing contractor offshore Vietnam.*
Other infrastructure projects
- A European multinational investor on the bidding for a strategic stake in the Airports Corporation of Vietnam, the largest airport operator in Vietnam, and the participation in the development of the Long Thanh International Airport.
- A major Japanese conglomerate in acquiring a majority stake in a significant water supply company with operations across several southern provinces of Vietnam.
- The lenders on restructuring of the debt obligations of Saigon Premier Container Terminal.*
- A leading Japanese public financial institution, a leading insurance company wholly owned by the Japanese government, and international commercial lenders in connection to the US$2.6bn financing of the 1.32GW Van Phong 1 coal-fired thermal power plant project in Vietnam – one of the largest IPP projects in Vietnam.*
- Asian Development Bank and the Ministry of Planning and Investment of Vietnam on drafting the first ever Decree on public-private-partnership (PPP) investment program under a grant from ADB.*
- The World Bank and the Ministry of Transport of Vietnam on structuring a complex 220km highway with a mix of PPP and ODA procurement segments.*
* representation occurred prior to joining Freshfields.
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