VN
EL

M&A activity forecast to grow strongly towards 2018

HANOI – Merger and acquisition (M&A) activity in Vietnam is projected to soar towards 2018 and its accumulated value could amount to US$20 billion, according to AVM Vietnam. The company...

HANOI – Merger and acquisition (M&A) activity in Vietnam is projected to soar towards 2018 and its accumulated value could amount to US$20 billion, according to AVM Vietnam.

The company released the M&A value forecast at a media briefing held in Hanoi on July 16 to introduce the M&A Vietnam Forum 2015. The forum is scheduled to take place in HCMC on August 8.

According to AVM Vietnam, M&A deals in Vietnam totaled US$4.2 billion last year, up around 20% against 2013. Foreign enterprises got involved in big deals worth US$20-100 million.

Dang Xuan Minh, general director of AVM Vietnam, said the second wave of M&A would be greater than the first that peaked in 2012 when the market was valued at US$5 billion.

According to Minh, there are many favorable conditions for strong M&A activity in Vietnam. Vietnam will participate in a number of bilateral and multilateral free trade agreements including the Trans-Pacific Partnership accord and the ASEAN Economic Community, and more foreign companies are investing in this market. The rise of big private enterprises and equitization of State-owned enterprises will also support the market.

Masataka Yoshida from Japan’s Recof Corporation said Japanese investors are keen to join M&A deals in Vietnam.

Nguyen Anh Tuan, editor-in-chief of Dau Tu newspaper, the organizer of the event, said M&A helps improve the performance of enterprises.

Source: http://english.thesaigontimes.vn/

Leave a Reply

Your email address will not be published. Required fields are marked *