The Vietnamese merger and acquisition (M&A) market has continued to demonstrate remarkable stability, emerging as a rare bright spot with strong, high-quality capital inflows, experts said at the Vietnam M&A Forum 2025 held in Hanoi on December 9.
Speaking at the event, Deputy Minister of Finance Tran Quoc Phuong affirmed that Vietnam—both as a whole and specifically its M&A market—remains a safe, attractive, and highly promising destination for foreign investors. He noted that both domestic and international investors continue to show strong confidence in Vietnam’s economic prospects and investment opportunities.
In recent years, Vietnam has increasingly become a strategic hub for major global corporations, serving as a key link in supply chains, particularly in high-tech sectors such as electronics, semiconductors, and artificial intelligence. M&A activity has also expanded into these areas, with tech giants like Nvidia and Qualcomm acquiring stakes in domestic firms to advance R&D and develop Vietnam’s AI ecosystem.
In the first ten months of 2025, Vietnam recorded 218 M&A deals worth a total of $2.3 billion. Despite challenges facing the Southeast Asian M&A landscape—such as tighter financial conditions and geopolitical uncertainties—Vietnam has maintained steady momentum, driven by highly selective and well-structured transactions.
Notably, large-scale deals contributed nearly $1 billion, primarily from international investors, underscoring the strong appeal of Vietnam’s high-quality assets and stable-performing enterprises. Following a record peak in 2024, the average transaction size returned to $29.4 million, indicating a healthier balance and greater vibrancy in the mid-market segment.
Experts anticipate that 2026–2027 will see a strong boost in M&A activity, propelled by improvements in the legal framework and the continued expansion of market access.
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