Many Japanese businesses seek opportunities in the Vietnamese market.

With a leading role in the FDI investment wave, many Japanese enterprises are looking for opportunities to expand into new markets, including Vietnam.

According to the Vietnam M&A Report 2024, the market recorded 447 deals with a total announced value of about 6.93 billion USD. The deals focused mainly on strategic industries such as technology, healthcare, logistics, renewable energy and financial services.

Notably, foreign investors accounted for 70% of the total transaction value, with Japan continuing to play a leading role. This trend demonstrates the confidence of international corporations in Vietnam’s growth potential, while also opening up opportunities for domestic enterprises to access capital, modern technology and advanced management experience.

Japanese enterprises have invested nearly 80 billion USD in Vietnam. (Photo: Auditing Newspaper).

Mr. Mac Quoc Anh, Vice Chairman and General Secretary of the Hanoi Association of Small and Medium Enterprises (HanoiSME), said that Hanoi currently has about 420,000 enterprises, of which 98.5% are small and medium enterprises.

“To improve the quality of business operations, we need to learn, cooperate and take advantage of opportunities, especially with major partners like Japan. When cooperating successfully with Japan, Vietnamese businesses will have the opportunity to expand cooperation to the US, South Korea and European countries,” Mr. Mac Quoc Anh emphasized.

Meanwhile, Ms. Phi Hoa, Director of ONE-VALUE Company – a unit that has successfully connected more than 700 projects between Vietnamese and Japanese enterprises – said that Japan is always among the countries with the largest foreign direct investment (FDI) in Vietnam.

According to Ms. Hoa, the promotion of M&A capital flows from Japan stems from the fact that Japan's population is aging rapidly and the yen is depreciating, causing many Japanese businesses to seek opportunities to expand to new markets, in which Vietnam has emerged as an attractive destination.

“For Japanese enterprises, ONE-VALUE supports in finding suitable Vietnamese partners for investment or acquisition. On the contrary, for Vietnamese enterprises, the company helps build capital calling strategies, approach investment, reasonably value the enterprise and advise on strategic development to be able to integrate and effectively penetrate the Japanese market,” Ms. Hoa shared.

The leader of the Hanoi Association of Small and Medium Enterprises said that in the coming time, they will promote activities connecting the capital's businesses with Japanese partners. They will organize meetings, connections, and transfers to help businesses reach out to international markets and take advantage of Japan's trade cooperation experience.

For Vietnamese enterprises, this is the right time to improve management capacity, take advantage of opportunities to access international resources and gradually reach out to the global market. As for Japanese investors, Vietnam continues to be a safe and potential destination.

Source: https://thoidai.com.vn/nhieu-doanh-nghiep-nhat-ban-tim-kiem-co-hoi-tai-thi-truong-viet-nam-216795.html