

Revisiting Vietnam’s billion-dollar M&A deals in 2025: A launchpad for global expansion or the “sell-out” of local brands?
As mergers and acquisitions (M&A) activity in Vietnam has accelerated over the past decade, large-scale transactions have not only reshaped ownership structures within domestic companies but also forced many local brands to confront a strategic crossroads: preserving their original identity or pivoting toward a new growth trajectory. This context raises a fundamental question: are Vietnamese enterprises losing their identity when “selling” to major investors, or are they proa
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