Posted on 22 July 2009 by hoang
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The Vietnam Competition Administration Department, in coordination with the Foreign Investment Department and the World and Vietnam News organized a conference about merger and acquisition (M&A) in Vietnam. In 2007, Vietnam had 113 enterprises merged and acquired, worth nearly USD 1.8 billion.
In 2008, 146 more enterprises carried out M&A.
In the global economic slowdown circumstance; many Vietnamese enterprises are dragging out, thus, the demand of M&A of enterprises, especially small and medium-size enterprises are expanding.
The conference also focused on discussing legal procedures and skills to penetrate the M&A market. Law and consultant firms from other countries exchanged experience to assist Vietnam with M&A activities.
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| BTA (Source: SGGP) |