RECOVERY PATHWAYS & OUTLOOK OF VIETNAM’S M&A IN 2025

FiinGroup proudly present our latest publication of Vietnam M&A Report – “M&A 2025: The Road to Recovery and Beyond”.  

This report provides a comprehensive analysis of Vietnam’s M&A landscape, offering valuable insights into emerging trends, sectoral opportunities, and market dynamics. As the M&A market begins to recover, we aim to equip our valued clients, investors, and businesses with actionable information to support their strategic decisions in this evolving environment. 

As a trusted partner in Vietnam’s M&A ecosystem, FiinGroup has been instrumental in facilitating the inflow of 25% of total M&A transaction values in 2023. With this report, we hope to continue to provide our valued customers and investors actionable insights, for navigating Vietnam’s evolving M&A landscape and capitalizing on emerging opportunities in the recovery phase through 2025. 

Below are the highlights in our latest issue:  

• Vietnam’s M&A market countinues to attract significant interest from foreign investors, with increasing deal volumes driven primarily by small to mid-sized transactions. In the first nine months of 2024 (9M2024), mid-sized deals contributed 52.6% of total M&A activities.  

• Investors from Thailand, Singapore & UAE contributed to 71% of total inbound M&A deal value in 9M2024. Notably, Thailand and the UAE emerged as dominant investors, contributing 54% of inbound deal value, totaling USD 1.13 billion. 

• Domestic M&A activities witnessed a strong recovery in 9M2024, reflecting in an increase of 42.8 percent compared to that of 2023, largely driven by the real estate. Recent legislative reforms, including the Land Law 2024, Housing Law 2024, & Real Estate Business Law 2024, have streamlined regulatory processes, making property investments more accessible and reliable. 

• Financial Services, Healthcare and Energy sectors led the M&A market, collectively accounting for 57.5% of  total M&A deal value in 9M2024. In which, the financial services sector was particularly noteworthy, highlighted by a landmark USD 870 million transaction between SCB X and Home Credit.   

• The M&A market is poised for robust growth in 2024, with larger deals as investors interest broaden across sectors and a strong focus on long-term strategic acquisitions. Particularly, government’s initiatives to upgrade Vietnam’s stock market to FTSE standards and favorable asset valuations are expected to attract long-term strategic investments. 

At FiinGroup, we offer the comprehensive suite of transaction support services, spanning pre- and post-M&A processes, are tailored to assist buyers and sellers by delivering valuable insights to mitigate risks and optimize decision-making. Through this report and our dedicated services,  we remain committed to delivering actionable insights, empowering our clients and investors to confidently navigate Vietnam’s dynamic M&A landscape and capitalize on emerging opportunities as the market rebounds and accelerates through 2025. 

See the full REPORT: Download  

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FiinGroup has been supporting foreign and domestic investors in M&A deals across various sectors. For further publications on other key sectors in Vietnam (Cold Chain, Water Supply, Plastic Packaging, Banking, Consumer Finance etc.), please refer to our website: https://fiinresearch.vn 
 
Should you have any inquiries, please do not hesitate to contact us through email: research.support@fiingroup.vn or tel: (84-24) 3562 6962.