Brand evaluation is now a top concern of many Vietnamese businesses, especially as more merger and acquisitions (M&A) occur, said Vu Thu Hang, Deputy Director of Ho Chi Minh Ctiy branch's Vietnam Chamber of Commerce and Industry.

Hang said at a seminar held in Ho Chi Minh City on November 26 that analyzing challenges and opportunities would help businesses assess their brand value in M&A deals and reduce pressure from competitors.

Richard Moore, Chairman and General Director of Richard Moore Associates (RMA), said that local companies' brand value could deteriorate if the firms did not evaluate the effectiveness of their brands.

Vietnam has seen a rising number of M&A deals, including one from the Japanese Unicharm Group, which bought all Diana Vietnam Company shares worth about 128 million USD.

Masan Consumer has acquired Vinacafe Bien Hoa, while Highlands Coffee has bought the chain Pho 24 for an estimated 20 million USD.

Many brand values are assessed at tens of million of dollars, and though asset value and revenue can be measured, the brands have an invisible value that is not easily evaluated.

This can confuse both buyers and sellers when they attempt to assess brand value.

Nguyen Duc Son, brand strategy director of RMA, said for big brands, the brand value accounted for 40-60 percent of the company's value.

He said that RMA's programme helped assess invisible values of brands, using 11 factors including market, customers, market share, brand culture and brand recognition.

The seminar was organised by the Vietnam Chamber of Commerce and Industry in collaboration with Richard Moore Associates, LeBros Communications Co. and Nielsen Vietnam Market Research.-VNA