Foreign partners rush to take over technology product distribution chains
New powers have appeared in the home appliance & digital product market after merger and acquisition (M&A) deals, creating new alliances. Dang Chuong Linh from the Trade Institute commented that M&A activities have been developing rapidly in both the number and scale. A report showed that 525 deals were made in 2015 with the total value of over $4.3 billion, an increase of 40 percent if compared with 2014. According to A.T Kearney, Vietnam ranks 28th among the world’s most attractive retail markets.