Vietnam's M&A attractive to foreign investors
Vietnam's strengths lie in its stable political environment, abundant and skilled labour force, and competitive labour costs. (Photo: VNA)
An influx of new capital from European and US firms into Vietnam has become noticeable, with the local mergers and acquisitions (M&A) market expected to maintain its attractiveness despite its relatively modest scale.
The assessment was heard at the first Global M&A Partners (GMAP) conference held in Vietnam earlier this week. Global M&A Partners is a partnership of independent corporate finance advisory firms operating in 50 countries and regions across the Americas, Europe, and the Asia-Pacific.
Ivan Alver, Co-chairman of GMAP, said he believes that Vietnam's strengths lie in its stable political environment, abundant and skilled labour force, and competitive labour costs. As a result, multinationals are choosing the Southeast Asian country as a destination to implement their supply chain persification strategies.
In addition to the prospect of becoming a manufacturing hub in the region, Vietnam also promises to be a consumer market with an increasing middle-class population. European and American investors will have to invest more to penetrate this market, said Alver.
Sam Yoshida, CEO of RECOF Vietnam, stated that global economic fluctuations are directly impacting Japanese investors, hence a need to invest to seek profits in attractive markets like Vietnam.
According to the official, Vietnam’s sectors related to consumers will continue to attract M&A opportunities from foreign investors, such as FMCG, retail, food manufacturing and processing, logistics - warehouses, and finance - fintech.
Alver highlighted Vietnam’s great potential in the semiconductor industry, given the sector’s specificity and the nation’s favourable conditions resulting from recent agreements signed with the US.
Arnaud Ginolin, deputy general director of Boston Consulting Group Vietnam, shared that although electronic manufacturing companies in Vietnam mainly focus on outsourcing activities, the country, with its current advantages, can certainly rise in the value chain of the semiconductor industry./.
Related News
Latest News

The Tax industry has comprehensive digital transformation
11:08 | 29/11/2023 Finance

Minister of Finance requests to strengthen inspection and supervision of public service activities
14:57 | 28/11/2023 Finance

Assessing one-year implementation of "Strengthening Public Financial Management in Viet Nam” project
10:43 | 27/11/2023 Finance

New circular aims to improve stock market transparency
21:20 | 26/11/2023 Finance
More News

Accelerate tax refunds
10:04 | 26/11/2023 Finance

Intensified Deployment of Electronic Invoice Issuance for Each Petroleum Retail Sale
13:55 | 25/11/2023 Finance

Transactions worth from 400 million VND to be reported to state bank
14:08 | 24/11/2023 Finance

Finance sector: Many solutions to promote anti-corruption
10:08 | 22/11/2023 Finance

VAT reduction requires a combination of long-term solutions to support growth
17:38 | 21/11/2023 Finance

Reducing VAT along with tax and fee supports helps stimulate demand, reduce costs, and increase profits
17:30 | 21/11/2023 Finance

Frozen IPO market makes it difficult to attract foreign capital
20:43 | 20/11/2023 Finance

Enhancing and streamlining of regular expenditure payment processes at the state treasury
13:44 | 20/11/2023 Finance

Public-private partnership needed for sustainable rice farming
15:51 | 19/11/2023 Finance
Your care

The Tax industry has comprehensive digital transformation
11:08 | 29/11/2023 Finance

Minister of Finance requests to strengthen inspection and supervision of public service activities
14:57 | 28/11/2023 Finance

Assessing one-year implementation of "Strengthening Public Financial Management in Viet Nam” project
10:43 | 27/11/2023 Finance

New circular aims to improve stock market transparency
21:20 | 26/11/2023 Finance

Accelerate tax refunds
10:04 | 26/11/2023 Finance