One-third of local firms interested in acquisitions

Monday, April 28, 2008
A recent global survey conducted by the Grant Thornton Group International has shown that 30% of Vietnamese businesses plan to buy other companies.
The survey also revealed that of the respondents, only 3% said they might sell their companies in the coming three years.
The result is evidence of a healthy investment climate in Viet Nam , where businesses are optimistic about their opportunities ahead. Businesses said acquisition or mergers would be strategic tools for development.
However, the local figure is considered low compared to the global 44% of businesses who plan to buy other companies.