1. Transaction Activity
1.1 Private Equity Transactions and M&A Deals in
General
Vietnam is still thriving as an attractive market for private
equity (PE). Deal sizes are getting bigger, with complex
transaction structures becoming more prevalent.
As many other jurisdictions, Vietnam is rebounding from the
effects of COVID-19. But the stagnating global economy and rising
inflation resulting from the Russia-Ukraine conflict are taking
their toll on Vietnam's recovery from COVID-19. As evidence,
the National Assembly of Vietnam projects only a 6.5% growth rate
for Vietnam in 2023.
Consequently, PE funds have faced harsh operating conditions so
far this year, and have, in many cases, been forced to make
difficult funding decisions due to difficulties in obtaining
financing. Despite these challenges, it has not all been doom and
gloom, and perhaps unsurprisingly, the PE market is thriving.
