Vietnam attracts investors in the face of economic uncertainty
Despite the slowdown in global deal-making due to ongoing worldwide economic uncertainty, Vietnam remains active in M&A in 2020, according to a new report by Baker McKenzie.
The firm’s fifth annual Global Transactions Forecast, jointly released with Oxford Economics, projects that mergers and acquisitions (M&A) will decline globally from US$2.8 trillion in 2019 to $2.1 trillion in 2020. The forecast also predicts a downward trend in IPO proceeds from an estimated $152 billion in 2019 to $116 billion, a 23 per cent drop.
