Ministry announces next batch of hot M&A opportunitiesOn the heels of the billion-dollar auction of Sabeco, the Ministry of Industry and Trade (MoIT) has just released a list of 10 large enterprises in the industry and trade sectors to conduct state divestment in 2018, attracting the attention of foreign and domestic investors. Regarding the 2018 M&A market, Nguyen Quoc Viet, deputy general director of AVM Vietnam which provides professional services on investment and business, pegs high hopes on the M&A trend in the industrial sector and said that M&A activities are abuzz, posting significant figures. Viet said that the industrial sector ranks second among the top five sectors leading the Vietnamese M&A market in 2016 and 2017. “Loosening the ownership limit for foreign investors at public companies will enable the M&A market, especially in the industrial sector,” assessed Viet. However, North American and European investors have only taken part in such fields as oil and gas as well as consumer goods.

Source: VietNamNet News December 25, 2017 05:48 UTC