Industrials, technology top Vietnamese sectors in M&A transaction volume
Industrials, technology top Vietnamese sectors in M&A transaction volume
Publish Date: 2026-06-13 22:00:00
Source Domain: theinvestor.vn
Vietnam’s M&A market recorded 24 transactions in May, with industrials, technology and healthcare sectors being the most active sectors in terms of transaction volume, writes Grant Thornton analysts.
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In May, Vietnam’s M&A market recorded a total of 24 announced transactions. Among these, 22 deals had disclosed or estimable transaction value, totaling $700.6 million.
M&A activity remained robust and well-diversified across sectors. Industrials led the market by deal volume with four transactions, representing approximately 17% of total deal count, followed by technology with three transactions, accounting for 13% of total announced deals. The healthcare, financials, energy and utilities sectors also recorded steady activity, with two transactions recorded in each sector.
In terms of investor composition, domestic investors maintained a stable presence across traditional and strategic sectors. In contrast, foreign capital predominantly targeted venture, growth, and impact-oriented investments from Singapore and the UK, rather than large-scale private equity deals from Japan and South Korea observed in prior periods.
This shift was reflected in transactions such as LeapFrog Investments’ stake in Pharmacity and Stride’s funding round involving UOB Venture Management, TRIREC, Clime Capital Management, and Lightrock.
Source: Capital IQ, Grant Thornton research and analysis. The transaction values presented in the table include only disclosed or estimable deal values and therefore do not represent the total value of all announced transactions. Of the 24 transactions recorded in May, values were identified for 22 deals, while the remaining two transactions did not disclose deal value information.
M&A transaction highlights
Industrials
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