July 2024 marked a significant period for the Vietnamese market, with transactions reaching approximately USD 140 million. The activity was particularly vibrant in the Financial Services, Energy, and Telecommunication & Media sectors:
The Financial Services sector saw a substantial deal with the Asian Infrastructure Investment Bank (AIIB) pledging an investment of USD 75 million in SeAbank through green and blue bonds.
In the Energy sector, the Dutch entrepreneurial development bank FMO invested USD 30 million into the renewable energy platform SARA, aiming to bolster renewable energy projects in both Vietnam and the Philippines.
Meanwhile, the Telecommunication & Media sector was highlighted by a USD 15.5 million Series B investment from a Morgan Stanley-managed fund into METUB, a digital content publisher and YouTube multi-channel network based in Vietnam.