On 24 November 2020, VILAF is named a Best M&A Advisory Firm for the year 2020 by Vietnam M&A Forum. This is the 11th year in a row that VILAF has received this recognition. The Vietnam M&A Forum is an annual event wherein the Organizing Board and Selection Panel select and declare the annual list of “Best Deals” and “Best Advisors” among the local and international business and investment group in Vietnam. Two M&A transactions […]
Category: M&A
VILAF’s clients, the founding shareholders of Thinh Phat Cables and Dovina successfully sold 100% of their equity stake in the business to Stark Corporation PCL. The combined transaction value is approximately US$240 million. According to Mergemarket, this sale is the largest inbound industrial transaction in Vietnam by a private company for the last three years. Thinh Phat Cables and Dovina Corporation are leading manufacturers and traders of non-ferrous metals, electric wires, and cables, and among […]
VILAF Chairperson, Ms. Vo Ha Duyen sat down with investment newspaper, Đầu Tư Chứng Khoán to discuss how the proposed changes in policies presented in the draft decree guiding the implementation of the Competition Law can affect M&A transaction costs. Read the full article or download the PDF version.
On August 6, 2019, VILAF was awarded as a Most Notable M&A Advisory Firm of 2018-2019 at the 11th Vietnam M&A Forum held at the GEM Center in Ho Chi Minh City. Vietnam M&A Forum is an annual event for the Vietnamese and international business and investment communities, jointly organized by Vietnamese Investment Review (VIR) and AVM Vietnam under the auspices of the Ministry of Planning and Investment. The Forum assesses the M&A trends […]
MARKET OVERVIEW
The Vietnamese market has been a dynamic M&A environment. We have also seen that inbound M&A activity is increasing in both deal volumes and deal values faster than domestic M&A. According to public data, by dollar value, inbound M&A occupied more than 75% of total deal value in 2017 and the first half of 2018. Inbound megadeals explain this shift in the balance, for example the investment by the Singapore sovereign wealth fund GIC in Vinhomes alone was $1.3 billion, while Warburg Pincus’s investment in Techcombank was $370 million. Real estate and financial services M&A activity has been most prominent in 2018.