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The information was released at a press conference on the future organization of M&A Viet Nam Forum 2018, which will be organized in Ho Chi Minh City on August 8.
Speaking at the event, Deputy Minister of Planning and Investment Nguyen The Phong said that the forum aims to evaluate and update M&A opportunities and trends in Viet Nam and review the activities of M&A over the recent decade.
The forum is held in the context that Viet Nam’s macro-economy has achieved good outcomes with the GDP growth of 6.8% in 2017 and 7.08% in the first half of 2018, the highest figure recorded over the recent 10 years.
In 2017, the total M&A value in Viet Nam set a record of US$10.2 billion, an increase of 175% against the previous year.
Remarkably, Viet Nam Beverage Co Ltd, a unit of Thai Beverage, was the only investor seeking to buy all shares of Vietnamese brewer Sabeco on offer worth nearly US$5 billion.
In the first half of 2018, the total value of M&A transactions in Viet Nam was estimated at US$3.35 billion, equal to 139% of the same period in 2017.
It is expected that the M&A value in 2018 may reach US$6.5 billion, equal to 63.7% in 2017. In the mid-term period, the scale of M&A market in Viet Nam may exceed US$5 billion in the 2014-2016 phase, heading to US$6-6.5 billion.
By Thuy Dung
Source: www.chinhphu.vnOther news
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