A seminar was held in Hanoi on August 12 to discuss mergers and acquisitions (M&A) strategy.
The General Director of Denscombe Corp, Professor Nigel Denscombe emphasized that the M&A strategy will be the best option for the Vietnamese market in its initial stage to make breakthroughs in economic growth.
Professor Nigel Denscombe advised that businesses should devise a clear strategy and orientations before making M&A deals.
The Deputy Director of the PetroVietnam Securities Incorporated, Marc Djandji, said that businesses should be ready for M&A deals, especially in the ASEAN region.
He added that the Southeast Asian market has become an attractive destination for businesses to carry out the M&A strategy. Foreign investment capital will continue to flow into Singapore, Indonesia, Laos, Cambodia and Vietnam.
The value of M&A in the Southeast Asian nations reached US$90 billion last year, making up 4 percent of the world’s total M&A deals and 20 percent of Asia’s M&A deals.
The value of M&A deals in Vietnam in 2012 increased by 70 percent against the previous year’s figure.