In the first seven months, the total value of M&A deals exceeded $3 billion, up 28 percent year-on-year, according the research group of the Vietnam M&A Forum. Retail, consumer and real estate sectors, which have been leading the M&A wave in Vietnam, will continue to account for most of upcoming deals, according to the group. The M&A wave in Vietnam has been mainly driven by businesses from Asian countries, notably Japan, Singapore and Thailand, Dang Xuan Minh, who led the research group, was quoted as saying. However, Minh noted, the Vietnamese government still needs to complete legal frameworks related to investment and M&A activities. Vietnam's membership of the ASEAN economic community and participation in the proposed Trans-Pacific Partnership has also encouraged more deals, he said.

Source: Thanhnien News July 25, 2016 16:18 UTC