Leading Vietnam Firm YKVN Joins Sino International Professional Advisory Council (SIPAC)

Sino International Professional Advisory Council (SIPAC) is a global community of legal and compliance professionals across China and around the world, which is focused on providing high-quality professional support for outbound legal and compliance matters for Chinese companies.

We are pleased to announce that leading independent law firm YKVN has joined SIPAC as the exclusive member firm for Vietnam.  This brings the number of jurisdictions covered by SIPAC exclusive member firms 42 jurisdictions around the world.

SIPAC member firms now include the following leading independent law firms in the jurisdictions set out below with new joiner YKVN highlighted:

Firms designated as Founding Members had joined SIPAC by the time of the first anniversary of the founding of the platform.  To date, SIPAC has enjoyed a 100% renewal rate on the part of continuing members.

In addition to the jurisdictions listed above which are covered by SIPAC exclusive members, several SIPAC member firms provide secondary coverage in many neighboring jurisdictions, bringing SIPAC’s direct and indirect coverage through its member firms to well more than 50 jurisdictions.  Further geographical coverage is achieved through relationships with friends of SIPAC across all regions of the world.

Regarding YKVN’s joining SIPAC as the exclusive member firm for Vietnam, SIPAC Senior Advisor Patrick Dransfield commented as follows:

“Vietnam remains China’s top ASEAN trading partner and its fourth largest globally.  It is with great pleasure we welcome YKVN as the exclusive member firm for Vietnam to the SIPAC global family.  Personally, I am delighted to be working again with old friends Laurent Nguyen and Truong Nhat Quang and their colleagues at YKVN as we continue to expand the coverage and bring new initiatives to the SIPAC platform.”

SIPAC Chairman Robert Lewis further commented:

“As a leading independent law firm in a key jurisdiction with strong ties to the China market, YKVN fits the SIPAC profile perfectly.  The firm has been ranked in tier 1 in all key practice areas in the last 25 years and has received the “IFLR National Law Firm of the Year” award 12 separate times for Vietnam, including the first time the award was given to a Vietnamese law firm.  With the direct participation of leading YKVN partners Vu Dzung, Nguyen Huong Giang and Ho Anh Tuyet, we are excited to build the profile of the SIPAC network in the important ASEAN region generally as well as in Vietnam specifically.”

About SIPAC:

SIPAC’s mission is to bring together the Sino-Global legal communities through closer cooperation.  To date, thousands of Chinese in-house and law firm lawyers have accessed international know-how content and participated in international training, webinars and live events, through which they have been able to engage directly with SIPAC members and friends around the world.

Over the last six months, the SIPAC team in China has received more than 200 requests from Chinese in-house and law firm lawyers for referrals to top independent law firms in more than 75 jurisdictions, mostly generated through SIPAC’s Sino-Global Legal Community WeChat account, and in most cases, the SIPAC team is able to make the introduction within 5 minutes of the request.   In addition to the foregoing, many more direct contacts are made independently by Chinese legal professionals to SIPAC member firms to which they have been introduced by through the SIPAC ecosystem.

A senior partner of a leading China Red Circle firm observed:

“SIPAC provides an exceptional platform for Chinese lawyers (from both In-House departments and Red Circle law firms) to connect with their counterparts from around the globe.”

For more information, please contact SIPAC CEO, Liming Yang at email: liming.yang@sipac-network.com; or Patrick Dransfield, Senior Advisor, at email: patrick.dransfield@sipac-network.com