In May 2024, Vietnam’s market experienced significant financial activity, with transactions reaching approximately USD 477 million. The Consumer & Retail, Energy & Utilities, and Agriculture & Food sectors were particularly active during this period:
The Consumer & Retail sector saw Pharmacity obtain a combination of debt and equity financing from Avenue Capital Group.
In the Energy & Utilities sector, a noteworthy deal occurred with Mitsubishi’s acquisition of the tungsten operations from Masan Group.
The Agriculture & Food sector was marked by the purchase of a Korean-Vietnamese fertilizer division by Petrovietnam’s fertilizer branch.