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Update news M&A
Local delivery firm Tin Toc JSC has recently acquired SGDS Logistics and Investment Corporation, marking its third acquisition to scale up business in Vietnam.
E-commerce and fintechs accounted for four-fifths of the total number of big calls for capital in 2019. The biggest deal was worth $300 million.
A survey by Corporate Investment and Mergers & Acquisitions Center also showed that one of the obstacles to M&A deals in Vietnam is the time consuming approval process.
As of 2019, Vietnam counted five foreign invested universities, 68 private schools and 170 public ones.
Tiki and Sendo may be in talks over a potential merger to break the dominance of Shopee and Lazada and their foreign backers.
Vietnam’s real estate market is currently one of the most attractive in Southeast Asia, with many opportunities for domestic real estate developers to find partners and investors in the form of mergers and acquisitions.
Vietnam’s mergers and acquisitions market expects to see the winds of change in 2020.
Though mergers and acquisitions in Vietnam’s banking sector have ballooned recently, tie-ups between foreign and local lenders are not without their drawbacks.
General schools will have to prepare to organize STEM education, including the building of curricula, material facilities and upgrading of teaching staff.
A lot of events happened in 2019, including merger and acquisitions (M&As). Meanwhile, some e-commerce websites stopped their operation.
Two dollar billionaires in the banking sector emerged in 2019, which also witnessed competition that led to big changes in the economy.
The number of capital contribution and share acquisition transactions conducted by Chinese enterprises in Vietnam in the January-November period of this year skyrocketed by more than 82% over the year-ago period.
Japanese insurer Sumitomo Life has registered to buy more than 41.4 million shares of local insurer insurance-finance-banking group Bao Viet Holdings (BVH).
Foreign retailers, from Metro, Auchan, Casino Group to Parkson, have had to leave Vietnam because they did not understand the market well.
The past two years have seen capital flows into Vietnam continue to steadily increase, as well as some of the country’s biggest mergers and acquisitions deals to date.
Platinum Victory Pte Co Ltd, a wholly-owned subsidiary of Singapore-based automotive group Jardine Cycle and Carriage, plans to buy three million shares of the Refrigeration Engineering Corporation (REE).
The merger and acquisition market in banking industry in the first half of this year has received new signal when Korean bank became a major shareholders of BIDV in early November with a record M&A deal worth US$890 million.
The website and facebook page of Vien Thong A has officially been renamed to VinPro, Vingroup’s retail brand for high-tech products.
Foreign retail groups undoubtedly are a powerful influence in the domestic market. However, Vietnamese retailers are vowing to ‘play big’ to gain the upper hand in the home market.
Merger and acquisition activities in Vietnam's banking sector are expected to grow in the years to come despite certain regulatory barriers hindering foreign investors.