In May 2010 Vision & Associates received two highly coveted awards, the Chambers Asia’s Law Firm of the Year for Vietnam 2010 award and Vietnam Law Firms & Lawyers Awards’ Law Firm of the Year.

The awards fell in the same month as Vision & Associates’ 11th anniversary, and are testament to the firm’s commercial sense and understanding of core commercial issues. Vision & Associates was selected for both awards from short lists that included the other major commercial law firms in Vietnam.  

On receiving the awards, Mr Pham Nghiem Xuan Bac, the senior partner of Vision & Associates, commented: “Through the slowdown of the legal market in 2009 caused by the global financial crisis, Vision & Associates remained active in all major areas of corporate and finance law, particularly M&A, banking & finance, capital markets, foreign investment, energy and infrastructure, and, real estate.”

Chambers is the most respected award internationally. Leading international corporate counsel describe them as follows:

“Chambers guides are the first place to go when searching out reliable information on a law firm.”

“Chambers guides are an invaluable tool and my first port of call to quickly identify suitable counsel.”

“Chambers & Partners stands out for its comprehensive view of the marketplace, depth and quality of research, and commitment to reporting integrity.”

The Chambers Asia Awards, held in Singapore on 1 May, “recognise a law firm's pre-eminence in key practice areas. They also reflect notable achievements over the past 12 months including outstanding work, impressive strategic growth and excellence in client service.” Chambers noted that Vision & Associates won

“widespread acclaim for the “commercial sense and understanding of the core issues”…while this firm's best-known strengths remain within the IP field, it continues to develop its expertise in the corporate arena. The “informed and always up-to-date” group garners praise for its work in M&A, corporate governance and foreign direct investment.”

The Vietnam Firms & Lawyers Awards were initiated by the Vietnam Ministry of Justice. On 4 May, the inaugural Vietnam Law Firms & Lawyers Awards were held in Hanoi. The award recognised Vision & Associates for “the contributions that the firm and its partners brought to its clients, the best performance of the firm and the outstanding efforts of its lawyers last year, but also acknowledges the firm’s steady market-leading practice in Vietnam.”

The event was attended by Deputy Prime Minister Trong, the Minister of Justice, leaders of other government agencies, members of the People’s Supreme Court, the People’s Supreme Procuracy, the Vietnam Bar Federation, and the Vietnam Lawyer Association.

In his address, the Minister of Justice noted that: “the outcomes from the event may also provide enterprises and business people in Vietnam with a good view [about the law firms] when they are looking for legal advisory services in Vietnam.”

These awards are great honours for Vision & Associates as it celebrates the 11th anniversary of the establishment of the firm. They recognise Vision’s understanding of our clients’ commercial aims and Vision’s ability to assist them to achieve those aims.