January 2024 marked a significant period for the Vietnamese market, with transaction volumes reaching approximately USD 164 million. The activity was particularly vibrant within the Technology, Transportation & Logistics, and Consumer & Retail sectors.
The Technology sector saw substantial investment inflows, totaling USD 60.1 million. Notable transactions included MITAC Technology Ltd, which secured USD 30 million, ITM Semiconductor with a USD 20.1 million investment, and Shunsin Technology Ltd, which raised USD 10 million through private placement.
Transportation & Logistics also had a robust month. Vinfast spearheaded the fundraising efforts, securing USD 100 million through a convertible bond agreement with investment fund YA II PN. Additionally, BEgroup successfully raised USD 30.3 million in equity capital, with VP Bank coming on board as a new investor.
The Consumer & Retail sector made a considerable impact as well, with a combined capital infusion of circa USD 9.76 million, led by investments in Wengu Viet Nam High Technology and Zhou Lei.