Following the tendency last year, Vietnam ’s property market isbustling with a large number of merger and acquisition (M&A) dealsthat also see the largest volume of trading value.
According to Troy Griffiths, an expert with Savills Vietnam , thereis a need to quickly establish capital mobilisation funds by investorswho boast a large number of land reserves but face difficulties inaccessing capital, resulting in the rising number of M&A deals.
Dang Xuan Minh, Director of AVM Vietnam, M&A research and advisorycompany, said that the rise in M&A deals in the real estate sectoris attributed to the bloom of themarket which was seen in risingproperty prices, and a considerable amount of capital flown into themarket.
M&A is an effective tool to promoterevenue growth and restructuring and screen the most competent investorsto carry out the projects, Minh said.
He said thatwith potential in capital, foreign investment funds and enterprises andstrong domestic private conglomerates will have advantages at M&Adeals.
Since the beginning of this year, theproperty market has witnessed a series of major M&A deals, asevidenced by Thien Minh Tourism Company’s acquisition of a chain of sixhotels and resorts from Hong Kong’s EEM Victoria valued at 45 millionUSD and Vinaland Company’s transfer of all shares in a housingdevelopment project to a Vietnamese partner, worth up to 10.9 millionUSD.
Concerning this activity, Vietnam InvestmentReview newspaper and the AVM Vietnam Company will host the M&AVietnam 2011 forum, themed “Time to Deal” in Ho Chi Minh City onJune 9.
A seminar on M&A strategy and anexhibition to introduce businesses and investment promotionopportunities will be also held at the event./.
According to Troy Griffiths, an expert with Savills Vietnam , thereis a need to quickly establish capital mobilisation funds by investorswho boast a large number of land reserves but face difficulties inaccessing capital, resulting in the rising number of M&A deals.
Dang Xuan Minh, Director of AVM Vietnam, M&A research and advisorycompany, said that the rise in M&A deals in the real estate sectoris attributed to the bloom of themarket which was seen in risingproperty prices, and a considerable amount of capital flown into themarket.
M&A is an effective tool to promoterevenue growth and restructuring and screen the most competent investorsto carry out the projects, Minh said.
He said thatwith potential in capital, foreign investment funds and enterprises andstrong domestic private conglomerates will have advantages at M&Adeals.
Since the beginning of this year, theproperty market has witnessed a series of major M&A deals, asevidenced by Thien Minh Tourism Company’s acquisition of a chain of sixhotels and resorts from Hong Kong’s EEM Victoria valued at 45 millionUSD and Vinaland Company’s transfer of all shares in a housingdevelopment project to a Vietnamese partner, worth up to 10.9 millionUSD.
Concerning this activity, Vietnam InvestmentReview newspaper and the AVM Vietnam Company will host the M&AVietnam 2011 forum, themed “Time to Deal” in Ho Chi Minh City onJune 9.
A seminar on M&A strategy and anexhibition to introduce businesses and investment promotionopportunities will be also held at the event./.
