Despite being affected by the Covid-19 pandemic, over the past time, the picture of merger and acquisition (M&A) deals in Vietnam still has bright colors. M&A activities in Vietnam are forecasted to be vibrant again when the pandemic is gradually controlled.
The latest report by the Euromonitor Market Research Group on the merger and acquisition (M&A) index has rated Vietnam as the market with the most dynamic and potential M&A activity globally this year, with a score of 102, only behind the US with 108.9 points. At the same time, it forecasts that Vietnam will continue to hold second place in the top 20 countries with the highest M&A investment index in 2021.
By May 29, the foreign capital flow still poured heavily into Vietnam. Accordingly, the total foreign investment capital, including additional capital, capital contribution, and purchase of shares, in the first five months of this year reached US$13.9 billion.
According to the General Statistics Office of Vietnam, in the first four months of this year, there were 2,523 times of capital contribution and purchase of shares of foreign investors with a total value of nearly US$2 billion, an increase of 52.6 percent over the same period last year.
The fact that large foreign direct investment (FDI) enterprises like Heineken Vietnam and Coca-Cola were collected tax arrears shows that the management of investment activities and anti-transfer pricing on FDI enterprises has not been effective.
The Foreign Investment Agency under the Ministry of Planning and Investment recently announced that total newly registered, additional investment, capital contribution and purchase of shares by foreign investors has nearly reached US$31.8 billion as of November 20 this year, an increase of 3.1 percent over the same period last year.
Although newly-registered foreign direct investment (FDI) capital touched US$9.1 billion, down 32 percent and additional capital was at $3.9 billion, down 28.6 percent, capital contribution and purchase of shares hit $9.5 billion, up 82 percent compared to that in 2018.