At the press conference to inform M&A Vietnam Forum 2018 (Photo: Industry & Trade Newspaper)
The annual event is co-organised by the Vietnam Investment Review and AVM Vietnam Company.
Speaking at a press conference on July 24th, Deputy Minister of Planning and Investment Nguyen The Phuong said that this year’s forum takes place in the context of a thriving Vietnamese economy with a stable macro-economy and GDP growth hitting 7.08 percent in the first six months of 2018, the highest in the past 10 years.
The Vietnamese M&A market is currently faced with both new opportunities to make a name for itself in the new era, as well as challenges that need to be addressed soon in order to further develop M&A activities, Phuong added.
The M&A market in Vietnam has gone through an eventful decade with nearly 4,000 deals valued at USD48.8 billion signed. The market scale in 2017 expanded nine-fold from that of 2008.
In 2017 alone, the total value of M&A deals reached USD10.2 billion, the highest-ever figure.
M&A deals are expected to be valued at USD6.5 billion this year, equivalent to 63.7 percent of last year’s figure.
The highlight of this year’s forum is an in-depth conference about M&A activities in Vietnam, titled “New Surge, New Era”.
A gala dinner to celebrate the 10th anniversary and honour the most outstanding M&A deals and advisory firms of 2017-2018, as well as a master class on M&A strategy to create a breakthrough in growth, will be organised within the framework of the forum.
On this occasion, the Vietnam M&A Outlook 2018 Special Publication will also be published, providing quality coverage of the year’s global and domestic trends, as well as the most notable deals./.