Vietnam maintains stability thanks to a series of large-scale deals

In the context of the strong transformation of the Vietnamese market on the regional investment map with a more transparent legal environment, an expanding capital market and an increasing need for corporate restructuring, proactively grasping the situation to restructure and rearrange resources to prepare for a new growth cycle plays a very important role.

Deputy Minister of Finance Tran Quoc Phuong shares at the Vietnam M&A Forum 2025. Photo: Le Toan

Impressive return of foreign capital

At the 17th Vietnam Mergers and Acquisitions Forum (M&A Vietnam Forum 2025) held on the afternoon of December 9, Deputy Minister of Finance Tran Quoc Phuong affirmed that foreign capital is making an impressive comeback when capital contributions and share purchases increased by 50.7% in the first 11 months of 2025.

“This is a signal that the Vietnamese M&A market has entered a new period of opportunity, opening up opportunities for a strong breakthrough in the 2026-2030 period,” said Deputy Minister of Finance Tran Quoc Phuong. According to Deputy Minister Tran Quoc Phuong, Vietnam’s GDP growth this year will reach about 8%, the first time Vietnam has achieved this growth rate since 2007, marking a strong transformation of the Vietnamese economy, after a period of many difficulties due to the impact of COVID-19 and global geopolitical fluctuations.

In the past 5 years, especially in 2025, despite facing many difficulties, thanks to the drastic participation of the entire political system, Vietnam's economy has maintained a positive growth momentum. In 2025, it is expected that all 15/15 socio-economic development targets will reach and exceed the set targets.

Through the first 11 months of 2025, the total registered foreign investment capital (including newly granted, adjusted and contributed capital to buy shares) reached 33.69 billion USD, up 7.4% over the same period last year. Of this, newly registered capital reached 15.956 billion USD, down 8.2% over the same period. Meanwhile, adjusted capital reached 11.617 billion USD, up 17%; and investment capital through capital contribution and share purchase reached over 6.117 billion USD, up 50.7% over the same period last year.

"The strong increase in investment capital through capital contribution and share purchase has shown the revival of the Vietnamese M&A market in 2025, although this is only a perspective from international investment capital flows. In the Vietnamese M&A market, Vietnamese investors continue to hold an important position, in the context of international investment flows tending to be more cautious in recent years," said the Deputy Minister of Finance.

According to the Ministry of Finance, Vietnam in general, and the Vietnamese M&A market in particular, are always considered by foreign investors to be a safe, attractive, and potential market. Both domestic and foreign investors still have great confidence in the growth potential of the Vietnamese economy, as well as the potential and opportunities of Vietnam as an investment destination.

In recent years, Vietnam has become a strategic destination for many large corporations in the world, an indispensable link in the global supply chain, especially in the fields of high technology, electronics, semiconductors, artificial intelligence (AI)... Even in this field, M&A activities are taking place. Many large corporations such as NVIDIA and Qualcomm have acquired shares from domestic enterprises to deploy R&D and develop AI in Vietnam.

Currently, M&A activities in Southeast Asia face many challenges due to tight financial markets, different valuation expectations and geopolitical and legal risks, making investors cautious. However, Vietnam still maintains stability thanks to a series of large-scale, selective deals and the active participation of strategic investors in the region, as well as the position of domestic private enterprises.

In the first 10 months of 2025, the total value of announced transactions in Vietnam reached 2.3 billion USD, with 218 deals, reflecting the trend of more careful due diligence and cautious valuation from investors, especially in industries with pressured profit margins or slow demand growth.

The Deputy Minister of Finance emphasized that not only foreign investment, the strong economic recovery and growth have also promoted the development of the domestic business sector. Combined with the important "leverage" of Resolution 68-NQ/TW of the Politburo on private economic development, the domestic private sector is having an unprecedented favorable opportunity to accelerate and develop.

According to many economic experts, the development of the domestic private sector also plays an important role in attracting foreign investment capital, because more and more foreign enterprises want to join hands with domestic enterprises to implement investment, production and business plans. Domestic private enterprises are increasingly becoming an important factor promoting the development of the Vietnamese M&A market.

There will be a Resolution on developing economic zones with foreign investment.

According to Deputy Minister Tran Quoc Phuong, Vietnam is entering a new development phase, with a double-digit growth target in the 2026 - 2030 period. To promote growth, one of the solutions being promoted is to mobilize all social resources for development investment, in which foreign investment is an important resource.

"We are building a Project on Economic Development with Foreign Investment and a Project on Attracting New Generation Foreign Investment, with open, attractive, and outstanding institutional and policy orientations," said Deputy Minister Tran Quoc Phuong.

In conjunction with efforts to amend the Land, Planning, Investment and Tax laws, including the Personal Income Tax Law, Tax Administration Law, etc., including regulations on investment incentives and simplification of investment processes and procedures, Vietnam's investment and business environment will continue to improve, thereby contributing significantly to promoting high-quality investment flows into Vietnam, as well as promoting the development of the domestic private sector.

"In addition to the current "Strategic Quad", the Politburo has also issued Resolutions on ensuring national energy security until 2030, with a vision to 2045; on breakthroughs in education and training development; and on a number of breakthrough solutions to strengthen protection, care and improve people's health. A similar Resolution on the development of State-owned enterprises is also being drafted. Thus, there will be a resolution on the development of the foreign-invested economic sector," the Deputy Minister emphasized.

Source: https://baotintuc.vn/kinh-te/viet-nam-van-duy-tri-duoc-su-on-dinh-nho-loat-thuong-vu-quy-mo-lon-20251209172404915.htm