M&A transactions head to breakthroughs in 2019

VGP – The Government is establishing mechanism and policies to facilitate the private sector to join the State-owned enterprises (SOEs) restructuring process through capital contribution and share purchase as well as enhancing linkages in value chain between the SOEs and the private sector.

August 07, 2019 4:27 PM GMT+7

Deputy Minister of Planning and Investment Vu Dai Thang attends Mergers and acquisitions (M&A) Forum 2019, August 6, 2019

Deputy Minister of Planning and Investment Vu Dai Thang made that statement at the Viet Nam Mergers and acquisitions (M&A) Forum 2019 on August 6 in Ho Chi Minh City, which was themed “Going for breakthrough”.

The value of M&A transactions increased from US$1.1 billion in 2009 to US$7.64 billion in 2018. The total value of transactions in the decade hit US$55 billion. However, the value of M&A transactions in the first half of 2019 leveled off at US$1.9 billion, equal to 53% of the same period last year.

According to the statistics of the Foreign Investment Agency, under the Ministry of Planning and Investment, foreign investors spent US$2.64 billion to purchase shares.

Positive factors are opening a new era for M&A activities in Viet Nam with a number of opportunities for breakthrough and making M&A become a crucial investment attraction channel in the time ahead, said Thang.

M&A market in Viet Nam expects strong developments in the issuance and realization of policies as well as connectivity, trade transactions and innovation of buyers and sellers.

He stressed the need to accelerate the equitization process and capital withdrawal in the upcoming time.

By Thuy Dung