HANOI (XINHUA) – Vietnam’s mergers and acquisitions market is waiting for big deals, local media reported yesterday, given the context that foreign investment flows into the market have slowed down over the past few years.
The market is still waiting for major transactions, not only in real estate but also retail, manufacturing, and finance banking, like what used to be made, according to economists, Vietnam News Agency reported.
According to the Foreign Investment Agency under the Ministry of Planning and Investment, Japan, with nearly USD595 million, still ranked first among countries and territories investing in Vietnam via capital contributions and share purchases during January-July.
It was followed by Singapore (USD500 million) and South Korea (USD323 million). These are the investors that have conducted large mergers and acquisitions deals in Vietnam in recent years, and the market is waiting for them to spend big in the time ahead.
