The newswire techwireasia.com on June 16 ran an article saying that Vietnam has been steadily growing its highly promising digital economy, presenting multiple opportunities for investors, startups, and businesses alike.
Foreign capital continued flowing to industrial real estate via mergers and acquisitions (M&A) in five months of this year, particularly in Hanoi and Ho Chi Minh City.
As global mergers and acquisitions (M&A) activity continues to rebound following a pandemic-fuelled freeze, Vietnam is expected to benefit from the growth of deal-making.
Several of Vietnam’s key export sectors, such as textile-garment, leather-footwear, and electronics have become magnets for merger and acquisition (M&As) activities, posing a risk of leading enterprises in those sectors being purchased by foreign investors.
The first three months of the year have witnessed more local businesses beef up their mergers and acquisitions efforts in order to scale up operations.
Anheuser-Busch InBev and SAB Beer announced their merger in Vietnam on January 12 following the approval of the Ministry of Industry and Trade.
Prime Minister Nguyen Xuan Phuc has agreed to establish the Vietnam Stock Exchange (VNX) on the basis of merging the Hanoi Stock Exchange (HNX) and the Ho Chi Minh Stock Exchange (HoSE), which set to take effect on February 20, 2021.
Vietnam ranks second out of 50 economies in the mergers and acquisitions environment attractiveness index released by market research firm Euromonitor.
There were no mergers and acquisitions in the hospitality industry in the first half of the year as uncertainty caused by the COVID-19 outbreak gripped it.