Firms heat up with new wave of M&A activity

Strategic acquisition: A vendor counts Vietnamese dong banknotes in Da Nang. With Vietnam’s stock market projected to attain emerging market status later this year, banks anticipate increased investment activity. — Bloomberg

HANOI: A new wave of mergers and acquisitions (M&As) is unfolding in Vietnam’s financial sector, as commercial banks and securities firms accelerate their push into investment banking and asset management.

The movement has intensified during the 2025 annual general meeting season.