Vietnam has been Southeast Asia’s unlikely IPO star in the past year, and the last few months, in particular, have seen two record-breaking listings. Lawyers within and outside the country are seeing an increase in IPO work as a result.

Latham & Watkins and local law firm VILAF have advised Vinhomes JSC, the residential property developer of conglomerate Vingroup JSC, on an equity issue of up to $1.4 billion, with Allen & Overy advising the underwriters.