Vingroup is now able to focus on its core businesses while Masan found its last piece of a puzzle to build an empire of consumer retail.

Both SK Group and South Korea’s National Pension Service (NPS) would contribute US$430 million to the fund.

Not only M&A is an effective investment channel, foreign investors’ decision to shift from new investment to M&A shows the development of the domestic economy, said an expert.

The appetite for mergers and acquisitions (M&A) activities in Vietnam has not been dampened by the Covid-19 pandemic.

The holding of a dialogues between the Vietnamese government and the Korean business community demonstrates strong economic ties between Vietnam and South Korea.