Profile

Le Net is the partner in charge of Singapore office of LNT & Partners. He is also in charge of financial services, infrastructure and arbitration practice group of the firm. In 2019 and early 2020, Net has been leading in a number of signature deals and cases, including: representing PetroVietnam in working with Nghi Son Refinery, acting for a number of subway construction projects in both Hanoi and Ho Chi Minh City, representing lender in a 8-bank syndication deal from China to Vietnam, representing Vingroup in a major M&A transaction, representing major renewable energy companies in wind power and solar power projects, winning an ICC construction arbitration case for Vietnam Expressway Corporation.

Net received his LL.B from Warsaw University in 1996, an LL.M from KU Leuven in 1997 and went on to obtain a Ph.D. from London School of Economics in 2004. He co-founded LNT & Partners in 2006. He taught contracts at Ho Chi Minh City University of Law and published widely in Vietnam and abroad. He is a panel arbitrator at the Vietnam International Arbitration Centre (VIAC) where he has chaired or co-arbitrated many leading cases, and also a panel arbitrator at Singapore International Arbitration Centre (SIAC). He is also a member of Chartered Institute of Arbitrators (CIArb) and a CEDR accredited mediator.

Memberships

Vietnam Bar Federation

Ho Chi Minh City Bar Association

Inter-Pacific Bar Association

International Bar Association

VIAC, SIAC

Chartered Institute of Arbitrators

InternationalChamber of Commerce

Liên đoàn Luật sư Việt Nam

Đoàn Luật sư Thành phố Hồ Chí Minh

Hiệp hội Luật sư Thái Bình Dương

Hiệp hội Luật sư quốc tế

VIAC, SIAC

Viện trọng tài quốc tế Việt Nam

Phòng thương mại quốc tế Việt Nam

Education

Ph.D. in Law (London School of Economics, U.K.)

LL.M. (Katholieke Universiteit Leuven, Belgium)

LL.B. (Warsaw University, Poland)

Tiến sỹ Luật (Đại học Kinh tế Luân Đôn)

Thạc sỹ Luật (Đại học Katholieke Leuven, Bỉ)

Cử nhân Luật (Đại học Warsaw, Hà Lan)

Language

Vietnamese

English

Polish

French

Work highlights

Advised Petro Vietnam on the negotiation of an offtake agreement with Nghi Son Refinery and Petrochemical LLC (NSRP);

Advised China Construction Bank (HCMC Branch) on a USD 73million syndicated loan for the development of Hailide’s USD 150 million fiber textile complex in Tay Ninh (Vietnam);

Advised PV Power in EPC contract for combined cycle LNG power project Nhon Trach 3 & 4 for total capacity of 1.5 GW;

Advised PVGAS on the termsheet and JVA with AES Corporation to develop the Son My LNG terminal project;

Represented owners of the largest polyester manufacturing plant in Vietnam in an ICC arbitration in Singapore against the contractor;

Represented the client before the ICC International Court of Arbitration in Singapore in relation to the dispute settlement under EPC Contract valued at USD 25m;

Advised Vietnam Airlines on the restructuring of Jetstar Pacific;

Advised AstraZeneca on the importation of 30 million doses of AstraZeneca’s Covid-19 vaccines into Vietnam;

Assisted Chrysaor Holdings Ltd in obtaining Vietnam merger clearance for its reverse takeover of Premier Oil plc, a leading UK oil company with gas and oil interests in the UK, Asia, Africa and Mexico;

Advised SMBC and Mizuho bank on the sponsor guarantee for 80 million USD bridge loan to the Malaysia Vietnam Offshore Terminal Company for the development of offshore FPSO;

Advised Vietcombank on an inter-creditor agreement with Credit Suisse Ag, Singapore for a USD 250 million loan to finance real estate projects within the territory of Vietnam;

Represented a multinational beverage company in a commercial litigation over the claim that there was a strange object found inside the client’s products;

Represented client, a multinational peer-to-peer ridesharing and ride service hailing app provider, in a tax dispute against the Ho Chi Minh City tax authority;

Supported Habeco to listing on stock market. The listing values the brewery at VND 2.3 Trillion (US$104 Million) based on market capitalization;

Advised PetroVietnam Oil Corporation (PVOil) on the equitisation of, and sale to a strategic investor of PetroVietnam’s shares in, PVOil;

Advised on legal matters relating to Samsung Pay and worked with the State Bank of Vietnam on the relevant licensing matters.

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Publications

2022, Legislation on data privacy in Vietnam – where are we now, Lexology

2022, Delegation or authorization – what are the differences, Lexoloby

2022, Project finance for BOT transport projects in Vietnam: incentives and obstacles, Lexology

2021, Fintech in Vietnam: Regulatory regime, Lexology

2021, Fintech in Vietnam: Business models, Lexology

2021, Fintech in Vietnam: Overview, Lexology

2020, Vietnam chapter, International Arbitration 2020 - Chambers Global Practice Guides

2020, Financing PPP projects in Vietnam

2019, Acquisition Finance 2019

2019, Project Finance

2019, New chapter for the development of Vietnam’s pharmaceutical market, Vietnam Investment Review

2017, FIEs will have greater rights to import drugs into Vietnam, IFLR 1000

2017, (with Thu Nguyen and Cuong Le), “A bold move by the Vietnamese Government in the field of solar power projects”, Vietnam Law Insight (Law blog by LNT & Partners)

2016, Vietnam capital market & project finance: Its structure and future, IFLR 1000

2014, Mergers and acquisitions in Vietnam – pitfalls and resolutions, Financier Worldwide

2014, New regulations absorb lessons of public-private partnership history, Vietnam Investment Review

2014, (with Linh Nguyen), Government revises VAT guidance, Vietnam Investment Review

2013, The impacts of investment restriction on non-production areas and the investment environment, Vietnam Investment Review

2013, (with Ngan Thai), Tender law offers value for contractors’ money, Vietnam Investment Review

2013, Legal changes bolster market economy reform, Vietnam Investment Review

Vietnam Contract Law, International Encyclopedia of Laws, Kluwer Law International, Boston (1999, 2012, 2014);

Vietnam Corporate and Partnership Law, International Encyclopedia of Laws (co-author), Kluwer Law International, Boston (2012, 2014);

Vietnam Intellectual Property Law, International Encyclopedia of Laws (co-author), Kluwer Law International, Boston (2012, 2014)

2011, “Create” or “import”?, Vietnam Investment Review

2010, Levy on houses and lands, Vietnam Investment Review

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Recognition
Vietnam's Top 100 Lawyers by Asia Business Law Journal 2023, 2022, 2021
Recommended Lawyer by Legal 500 since 2011 to 2022
Ranked in Global and Asia-Pacific by Chambers since 2011 to 2023
Elite Practitioner in Corporate and M&A by Asialaw Leading Lawyers 2015 – 2023
Highly Regarded Lawyer by IFLR1000 since 2011 to 2023
Lawyer of the Year – Vietnam (Winner) and Litigation Star, Benchmark Litigation Asia-Pacific 2023
Lawyer of the Year - Vietnam (Runner up) and Litigation Star, Benchmark Litigation Asia-Pacific 2022
Lawyer of the Year - Vietnam (Runner up) and Litigation Star, Benchmark Litigation Asia-Pacific 2021
In-House Community – Commended External Counsel of the Year, 2021
Certificate of Merit from the Ministry of Justice, 2021
Lawyer of the Year and Litigation Star, Benchmark Litigation Asia-Pacific 2020
In-House Community’s Commended External Counsel of the Year, 2019
Award of Merit from Vietnam Bar Federation 2018
Lawyer of the Year by Ministry of Justice 2012