October 2024 was a significant month for the Vietnamese market, with transactions reaching approximately USD 640 million across various sectors. The Real Estate, Technology, and Consumer & Retail sectors stood out with major deals:
In Real Estate, a noteworthy transaction was on the horizon as Keppel Corporation made headlines with its announcement to divest stakes worth close to USD 300 million in two major projects, Saigon Sports City and Saigon Centre.
The Technology sector was abuzz with the substantial acquisition of ISCVina by the SK Group, amounting to USD 300 million, signaling strong interest and confidence in the Vietnamese tech industry.
Meanwhile, the Consumer & Retail sector saw Vertex Ventures investing USD 6 million in the Vietnamese direct-to-consumer startup Coolmate, showcasing the growing appeal of Vietnam’s consumer market to international investors.