Awards bestowed during Vietnam M&A Forum 2020
Awards bestowed during Vietnam M&A Forum 2020
Outstanding dealmakers and advisory firms that have made significant contributions to mergers and acquisitions during a tough period this year were honoured at the Vietnam M&A Forum 2020 last week.
Awards bestowed during Vietnam M&A Forum 2020
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The COVID-19 pandemic has disrupted the economy worldwide, with the international travel and hospitality sectors greatly impacted. Overall, cross-border investments and mergers and acquisitions (M&A) also face headwinds given market uncertainties and difficulties in mobility.
However, there is confidence in the robust management of the Vietnamese government in keeping the country safe, and also the determination of businesses to adapt, survive, and grow. This means that there are bright spots in Vietnam’s economy, and which in turn creates investment and M&A opportunities.
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According to forecasts by independent market research group Euromonitor International, Vietnam is one of the world’s most dynamic and M&A markets with high potential, with the country’s M&A investment index projected at 102 points in 2020, only second to the United States. M&A transactions are forecast to recover in Vietnam from mid-2021, with the market size returning to around $5 billion.
According to Le Trong Minh, editor-in-chief of Vietnam Investment Review and head of the Organising Committee, the awards bestowed at the Vietnam M&A Forum 2020 celebrate the leading transactions and companies in Vietnam in an effort to recognise their efforts and encourage more M&A deals with high value in a new normal.
Winners of the award have been chosen from a pool of prominent nominees for their notable accomplishments in business and in services to the community. The quality of entries this year was outstanding and showed just how much the M&A market in Vietnam has matured despite this year’s complexities.
Evaluation and selection of the nominees was carried out by an independent judging panel. The contenders were then divided into different categories including Best M&A Deals, Best and Outstanding M&A Advisors. The full list of the winners will provide businesses and investors with a summary of the M&A activities that took place in Vietnam, including their quality and quantity.
