New investment opportunity

Deputy Minister of Transport Le Anh Tuan addressing the roundtable The event, which attracted Deputy Minister of Transport Le Anh Tuan, heads of Vietnamese airlines, the Civil Aviation Administration of Vietnam (CAAV), as well as international experts, aimed to seek solutions to help the local aviation industry develop sustainably in healthy competition towards ensuring the highest safety and convenience to passengers. Specifically, the participants focused discussions on issues related to the hot growth of the sector, the management of human resources, and curbing brain drain, as well as ways to promote healthy development and competition. Especially, the roundtable saw the attendance of Prof. Nawal Taneja from Fisher College of Business, Ohio University. With 50 years of experience, Taneja has worked as an advisor for many powerful airlines and aviation businesses. They also discussed the opportunities and possibilities for Vietnamese air carriers to launch direct flights to the … [Read more...] about Vietnamese air carriers eye opportunities of direct flight to the US

Vietnam M&A Forum 2019 will be held at GEM Convention Center, Ho Chi Minh City on Tuesday, August 6, 2019 This morning (July 23, 2019) in Hanoi, the Organising Board of the Vietnam M&A Forum 2019, under the auspices of the Ministry of Planning and Investment (MPI), held a press conference announcing the forum's 2019 edition. After a decade of strong growth with thousands of transactions and a total transaction value of nearly $50 billion, the Vietnamese M&A market entered a new era with many new opportunities. Total M&A deal value in 2018 reached $7.64 billion, equaling 74.9 per cent compared to 2017. However, without Sabeco’s record deal, the pulling factor in 2017, the deal value in 2018 increased by 41.4 per cent. In the first six months of 2019, the total value of announced M&A deals in Vietnam only reached $1.9 billion (equal to 53 per cent of the same period in 2018, which had the value of $3.55 billion). According to statistics from the MPI's Foreign … [Read more...] about M&A Vietnam Forum 2019 – “Going for breakthrough”

The press conference announcing Vietnam M&A Forum 2019 This was announced by the organising board at the July 23 Hanoi press conference announcing Vietnam M&A Forum 2019. The 11th annual Vietnam M&A Forum held by Vietnam Investment Review and AVM Vietnam under the theme "Going for breakthrough" will take place at GEM Convention Center, Ho Chi Minh City on Tuesday, August 6, 2019. Accordingly, the M&A Forum will have three main sessions, namely policy dialogue, identifying breakthrough fields, and brand issue in M&A activities. Notably, in Session 1, managers and experts from the Ministry of Planning and Investment, the Ministry of Finance, the State Securities Commission, the State Bank of Vietnam, the Commission for the Management of State Capital at Enterprises (CMSC), and leaders of domestic and foreign enterprises will pool their knowledge to answer questions like "What changes do the Vietnamese government and authorised agencies need to make to create a … [Read more...] about 500 representatives to join Vietnam M&A Forum 2019

The path for domestic and international investors like Saigon Newport and Lotte to join railway projects in Vietnam remains arduous, urging authorised agencies to make more positive changes to unlock private investment.  Specifically, VNR proposed to the MoT to hand over 297 railway stations, warehouses, inland container depots (ICDs), and all the assets of the Da Lat-Trai Mat railway route to the giant to own, use, and develop, with the assets to be recorded as state capital contribution to the operator as ruled in Article 5(1a) of Decree 46/2018/ND-CP governing the management and use of railway infrastructure assets. Meanwhile, the remaining assets, including bridges, tunnels, rail system, signal systems, and others, should be handed over to VNR to manage, use, and develop without being recorded as state capital contribution to the operator as ruled in Article 5(1c) of Decree 46. Approving these points would break with many previous rules in the railway sector (as these assets … [Read more...] about Railway development yet to overcome legal hindrances

Vietnam’s M&A market is forecast is expected to touch $6.5-$6.9 billion in 2018 (Photo: baodautu.vn) Hanoi (VNS/VNA) – Vietnam’s M&A market is forecast to reach 6.5-6.9 billion USD in 2018, which is lower than the 2017’s record of 10.2 billion USD. “We expect the M&A value in 2018 to decline from 2017, as this year may not have as big deal as Sabeco,” said Dang Xuan Minh, AVM Vietnam’s CEO. Vietnam’s merger and acquisition (M&A) market hit over the 10-billion-dollar landmark for the first time last year and is at the turning point to reach a new era of opportunities in the next decade. M&A value continued to rise 55 percent year-on-year to reach 3.55 billion USD in the first six months of this year. “One year ago, even very optimistic forecasts hardly envisaged the M&A boom in 2017 which thrust Vietnam’s M&A value to 10.2 billion USD, a growth of 175 percent over 2016. This is a record number, … [Read more...] about Vietnam’s M&A market declines in 2018