November 2024 marked a significant period for the Vietnamese market, with transactions reaching approximately USD 110 million. The activity spanned across various sectors, with Energy & Utilities, Agriculture & Food, and Technology standing out for their dynamic movements.
In the Energy & Utilities sector, a noteworthy transaction was set in motion as ACEN from the Philippines expressed intentions to acquire a 49% stake, valued at around USD 71 million, in Vietnam’s BIM Energy.
The Agriculture & Food sector was not far behind, with Summit Agro International Ltd. securing a 49% stake in Hop Tri Investment Corporation, indicating a robust interest in Vietnam’s agricultural advancements.
The Technology sector also made headlines with significant investments, notably the USD 3 million-plus funding injected into the Vietnamese Edtech startup, Dream Viet Education JSC, by ABB and DTP Education Solutions, showcasing the growing confidence in Vietnam’s technological and educational development.