With the increasing mergers & acquisitions (M&A) trend, the term “transfer of business” may commonly and widely been used in daily business lives around the world. Vietnam is no exception – we can easily find this term everyday in business, in legal and commercial documents and the public media.

Vu Ba Phu, deputy director general of Vietnam Competition Authority under the Ministry of Industry and Trade, discusses the practicalities of M&A activities in Vietnam.

M&A activities in Vietnam have recently emerged as a market entry channel for domestic and foreign investors.

Most listed Vietnamese firms would love to boast of a foreign component to their ownership structure, seeing it as a boost to their prestige.

Pharmaceutical firms say a dose of realism needs to be injected into the argument 

But, this might not be the case for pharmaceutical companies.

Foreign investors will be permitted to collectively hold up to 49 per cent stake of equitised State-owned commercial banks under a pending State Bank of Viet Nam draft regulation.
The draft stipulates individual foreign strategic investors would be permitted to hold up to 20 per cent of a bank’s shares, while regular investors could hold up to 10 per cent. The drafting board said the regulation gives priority to strategic investors, which would encourage some of the world’s leading banks to invest in Viet Nam’s commercial banking sector.

Vilaf