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Mergers and Acquisitions (M&A) research institutions such as ThomsonReuter and AVM Vietnam have said that Vietnam now ranks at the eighth place amongst countries with the most exciting M&A activities in Asia-Pacific region.
The country’s biggest annual merger and acquisition (M&A) forum took place today in Ho Chi Minh City with 30 speakers and 450 participants from leading corporations and investors.
Air Mekong and Eximbank have clinched a strategic partnership deal that allows the bank to hold a 11% stake in the two-year-old private airline.
The Council of the European Union on May 31 authorised the European Commission to begin negotiations of a free trade agreement (FTA) with Vietnam.
Till April 2012, HCM City had 243 markets, down six markets against 2009; including 17 markets under the category 1, 48 others for category 2 and 178 of category 3, according to HCM City Department of Industry and Trade.
The HCMC government has asked the HCMC Export Processing and Industrial Zones Authority (Hepza) to take tough sanctions against inefficient industrial parks causing a waste of land and polluting the environment.
The reduction and deferment of tax payments may place pressure on the State budget and negatively affect the nation’s key projects, but if the National Assembly (NA) does not approve this action, the situation may be worse in 2013.
Rises in petrol prices and minimum wage have been the main reasons for the increase in Consumer Price Index (CPI) in May, economic experts said.
The Vietnam Automobile Manufacturers’ Association (VAMA) has proposed a 5 per cent automobile registration fee applied nationwide.
Some 44% of corporate borrowers are offered lending rates at over 19%, while the acceptable rate is said to be below 14% per annum, says a survey of the HCMC Statistics Office.
Mergers and acquisitions (M&A) in the local market amounted to US$4.7 billion last year, with the value of deals involving foreign investors reaching 66%, heard a press conference on the 2012 M&A Vietnam Forum in Hanoi in 24 May.
