We offer specialist expertise for ESOPs.

Representative Clients

How We Can Help

Notable ESOP Matters


Assisted client to register its ESOPs with the State Bank of Vietnam (SBVN).


In cooperation with Tapestry, a UK specialty firm, we have assisted numerous multinational clients (including Shiseido, Dell, Aviva, Appier, Rolls-Royce, Renesas) to create various structures for their ESOPs and helping them to adapt effectively to be able to comply with SBVN requirements.

Undisclosed insurance company

In cooperation with Linklaters, assisted an international insurance company with its share option scheme, employee share purchase scheme, and restricted share unit scheme.

Undisclosed French multinational

In cooperation with Shearman & Sterling, assisted client’s local subsidiaries to register its 2019 and 2020 worldwide ESOP with the SBVN. Client later withdrew its intention to register.

Work with DLA Piper, Mayer Brown, Pinsent Masons, and others on their clients in Vietnam.

Undisclosed client

Provided a multinational software provider with tax and legal updates in respect of its ESOPs.


Provided advisory services in connection with its Vietnam stock option plan.


Assisted client in connection with its restricted share unit scheme.


Assisted client to register its ESOP with the SBVN.


Assisted client to register its ESOP with the SBVN.

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Contact Us

Tel: (84-28) 3824-3026

    Significant Cases

    Our Professionals


    Russin & Vecchi has a unique history in Vietnam. It had an office in Saigon from 1967 to 1975 and had a large commercial practice at that time. It returned to Vietnam, and in 1993 it was licensed as one of the first few foreign law firms permitted to practice in Vietnam, and it opened its current offices in Ho Chi Minh City and Hanoi.

    Clients include large multinationals with long experience in Vietnam. They include both Vietnamese and foreign owned firms. Some of our clients are introduced by international law firms, some are introduced by existing clients, and many learn of us by simple word of mouth or based on our experience or reputation in the market.

    There are several independent offices of Russin & Vecchi. They are in New York, USA; Taipei, Taiwan; Santo Domingo, Dominican Republic; Bangkok, Thailand; Moscow, Vladivostok and Yuzhno-Sakhalinsk, Russia. There is no shared governance.

    Heineken was the firm’s first client in 1993 and Russin & Vecchi worked with Heineken and the government with much good will involved all around, as the Government had little experience in such an investment, and all parties wanted to cooperate. The parties eventually agreed on a process that was acceptable to both Heineken and the Government. The brewery was one of Vietnam’s first foreign invested high-profile projects.

    There was an odd series of successful claims made by former Vietnamese contractors against the US Government for contractual work they did in Vietnam on US projects constructed during the war.