Viet Nam News
HÀ NỘI — Vietnam M&A forum 2017, an annual event of mergers and acquisitions for companies and investors from Việt Nam and other countries, will take place at GEM Conference Centre in HCM City on August 10.
The event has been co-organised by Vietnam Investment Review (VIR) and AVM Vietnam since 2009 under the sponsorship of the Ministry of Planning and Investment. Under the theme “Seeking a big push,” the forum will be the place to exchange suggestions, introduce opportunities and share experiences to create a breakthrough in the market.
The forum will feature activities such as a conference on M&A pursuits in Việt Nam, a Deal Awards ceremony to honour the best M&A deals of 2016-17, the issuance of the Vietnam M&A Outlook 2017 Special Publication and a post-conference master class on merger and acquisition strategy.
In 2017, the Vietnamese merger and acquisition scene is predicted to be exciting and stellar deals are expected to take place. To ensure new deals are successful, the market needs a big push in terms of mechanism and policies to eliminate persisting bottlenecks, creating an attractive stock of supply and attracting ample capital from in and outside the country.
According to statistics of the Institute for Mergers, Acquisitions and Alliances, which is reported by VIR, Việt Nam made a record US$5.2 billion in merger and acquisition value in 2015 in the previous 10 years. In 2016, the figure reached $5.1 billion.
The value this year is expected to not exceed the figures of the two previous years unless there is a breakthrough.
Last year, the busiest areas were retail, consumption goods production and real estate. The finance and banking sector was relatively quiet.
The foreign investment bloc played an important role in merger and acquisition in Việt Nam through large transactions. Japan continued to be strategic partners with giant State-owned enterprises such as Vietnam Airlines and Petrolimex. Meanwhile, South Korea entered industrial fields and Singapore focused on real estate in the Vietnamese market. — VNS