Japan eyes M&A deals with Vietnam
(VOV) -Vietnam has taken the lead in the Southeast Asian region as the most attractive destination for merger and acquisition (M&A) deals with Japan, said a recent M&A forum in Ho Chi Minh City.
Since 2010, the forum reported, Japanese investors have signed 69 M&A deals with Vietnamese partners, overtaking all other countries in the region.
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A survey conducted by the Japan External Trade Organization (JETRO) last year showed Japanese companies are most likely to invest in Vietnam.
In the survey, companies considered Vietnam as the most enticing in ASEAN with its appealing low labour cost, economic stability, and high quality labour force.
Vietnam has wooed a large number of foreign investors thanks to its abundant labour force and impressive market growth. Many companies are keen on such fields as service, construction, food, information and communications, retail, and ceramics.