The "Restructuring the System of Credit Institutions Associated with Handling Bad Debts between 2021 and 2025" project states that the banking industry must address weak banks by 2025.
Vietnam’s economic growth is forecast to reach 8 percent this year before falling to 6.5 percent in 2023. The strong growth has created a positive “platform” for investment and business activities, especially mergers and acquisitions (M&A).
According to statistics of property consultancy company Savills Vietnam, more than US$31 billion foreign capital has been poured into the real estate sector in 2021.
Experts predict that the M&A market in Vietnam will likely make the V-shaped recovery in the period from 2021 to 2022, reaching US$4.5 billion-US$5 billion by 2021 before rebounding stronger with a value of $7 billion by 2022.
Total value of merger and acquisition (M&A) deals in Vietnam has nearly reached US$5.43 billion in the first seven months of this year and is expected to touch $7.6 billion this year.
