KOTRA Holds 'M&A Webinar' to Support Entry into Vietnam

Green, ESG, Waste Recycling and Other Promising Fields Diverse

KOTRA announced that it held the 'Korea-Vietnam M&A Webinar' on the 30th of last month to support Korean companies' entry into Vietnam.

This event aimed to discover high-quality mergers and acquisitions (M&A) investment opportunities and support the rapid overseas expansion of domestic companies as investment activities normalized after the pandemic. It was held for the first time in two years since 2021 due to the spread of COVID-19, with over 120 participants including companies interested in overseas M&A and local Vietnamese M&A advisory firms.

The 'Korea-Vietnam M&A Webinar' hosted by KOTRA is currently underway. /

Although M&A transactions in Vietnam slowed down until the first half of this year due to the global economic downturn, M&A deals are expected to recover to previous volumes from the second half of the year, supported by a stable political system, steady economic growth, and the government's efforts to create a business-friendly environment. The privatization and sale of public enterprises is also expected to provide a good opportunity for domestic companies to secure stakes in high-quality companies.

KOTRA stated that the biggest reason Korean companies consider M&A investment opportunities in Vietnam is 'speed.' Acquiring shares in Vietnamese companies with strong local networks allows for rapid market entry, and investing in companies with competitive production capabilities also enables securing production bases.

Local advisory firms who spoke at the webinar also emphasized that for Korean companies to seize opportunities in the rapidly growing Vietnamese market, it is important to utilize M&A to quickly enter the market. Promising investment sectors include ▲consumer goods ▲healthcare ▲energy ▲finance ▲green ▲recycling ▲ESG fields.

Lee Hee-sang, Head of KOTRA's Southeast Asia and Oceania Regional Headquarters, said, "We will continue to provide the latest trends in M&A, introduce promising listings, and build networks with local advisory firms for companies aiming to enter the Vietnamese market, the largest market among our companies' Asia M&A markets. We will do our utmost to support our companies."

The population structure of Vietnam shows strong growth potential with the working population more than twice the non-working population. The average age is 32.8 years, and the middle-class population accounts for about one-third of the total, approximately 33 million, making it young and with strong purchasing power. The middle-class population is expected to reach two-thirds of the total population, about 66 million, by 2030.

This content was produced with the assistance of AI translation services.