Vietnam M&A Forum 2019 will be held at GEM Convention Center, Ho Chi Minh City on Tuesday, August 6, 2019 This morning (July 23, 2019) in Hanoi, the Organising Board of the Vietnam M&A Forum 2019, under the auspices of the Ministry of Planning and Investment (MPI), held a press conference announcing the forum's 2019 edition. After a decade of strong growth with thousands of transactions and a total transaction value of nearly $50 billion, the Vietnamese M&A market entered a new era with many new opportunities. Total M&A deal value in 2018 reached $7.64 billion, equaling 74.9 per cent compared to 2017. However, without Sabeco’s record deal, the pulling factor in 2017, the deal value in 2018 increased by 41.4 per cent. In the first six months of 2019, the total value of announced M&A deals in Vietnam only reached $1.9 billion (equal to 53 per cent of the same period in 2018, which had the value of $3.55 billion). According to statistics from the MPI's Foreign … [Read more...] about M&A Vietnam Forum 2019 – “Going for breakthrough”
Investment fund accounting
Real estate sees rise in M&A deals
A corner of the Phu My Hung residential area in District 7, HCM City (Photo: VNA) Hanoi (VNA) – Since the Investment Law took effect in July 2015, Vietnam’s FDI inflows, and the real estate sector in particular, have significantly increased in terms of merger and acquisition (M&A) activities. Statistics released at the Vietnam M&A Forum in Ho Chi Minh City in August 2018 showed that in the first five months of the year, the total value of M&A transactions in the Vietnamese market had reached 3.55 billion USD, equivalent to 155 percent of the figure recorded in the same period last year. Of the sum, property deals made up 66.75 percent. Meanwhile, in 2017, M&A deals were valued at 10.2 billion USD, up 175 percent against 2016, with real estate accounting for only 27 percent following consumer goods production with 57 percent. Therefore, the numbers reported in the first half of the year demonstrate that the real estate sector has attracted greater … [Read more...] about Real estate sees rise in M&A deals
New Dantri classroom project launched in Nghe An
Dantri/DTiNews has started the construction of a kindergarten project in Nghe An Province on December 10. New Dantri classroom project launched in Nghe An In order to reach Hoa Xuan Village, travellers have to cross difficult mountain roads and it usually takes nearly one hour on a 15-km road to reach the destination. Even though the classrooms can't protect the children from the winds yet, Dantri readers have donated clothes to help them fight against the cold. Hoa Xuan nursery school site is part of Keng Du Commune Nursery School. All of the children there are from Kho Mu ethnic groups. The school only has one teacher who teaches and cooks for 23 children. Duy Thao, Dantri representative, said, "We can really experience your hardship after reaching the site. Today, the Vietnam Fund for Learning Promotion and Dantri Newspaper will work with the authorities in Ky Son District, Keng Du Commune and Keng Du Border Guard to start the classroom project to help the children." The … [Read more...] about New Dantri classroom project launched in Nghe An
Next100 provides VND10b for tech startup
Other News Next100 provides VND10b for tech startup By Van Ly Wednesday, Dec 11, 2019,15:41 (GMT+7) Next100 provides VND10b for tech startupBy Van Ly Representatives of NextTech and PushSale shake hands at a signing ceremony to invest VND10 billion in PushSale – PHOTO: VAN LY HANOI – Startup support fund Next100 on December 10 signed a deal to invest VND10 billion in PushSale, a startup specializing in offering digital transformation solutions to online businesses. Also, NextTech Group, which owns Next100, will team up with PushSale to launch a campaign, called Push1000, to help 1,000 online businesses in Vietnam and two other Southeast Asian markets with digital transformations next year. With six years of experience in the field of outsourced marketing, PushSale founder Do Xuan Thang said that online businesses in Vietnam have heavily invested in online marketing activities but they lack a smooth … [Read more...] about Next100 provides VND10b for tech startup
M&A gateway to firms’ growth and expansion
More and more foreign and domestic companies see M&A as an effective channel to fast-track their growth, Photo: Le Toan Vietnam’s largest dairy producer Vinamilk has recently snapped up over 90 million shares of GTNFoods, which holds Moc Chau Milk, Vinatea, and Ladofoods brands. With the share price of VND13,000 ($0.56), the total value of the deal is VND1.171 trillion ($50.91 million). Following the deal, Vinamilk has increased its holding in the dairy producer from 2.32 to 38.34 per cent. The move is significant as it reflects Vinamilk’s intention to milk the demand for dairy products in Vietnam amid unfavourable market conditions throughout 2018. According to its 2018 annual report, since the fourth quarter of 2017, the dairy industry had recorded negative growth, and there have only been signs of significant positive change only since the fourth quarter of 2018. To battle the dairy industry’s slowdown in 2018, Vinamilk is ready for mergers and … [Read more...] about M&A gateway to firms’ growth and expansion
