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Long-term development commitments realised through strategic M&A moves 10:35 | 18/01/2021 Long-term development commitments realised through strategic M&A moves The Vietnamese merger and acquisition (M&A) market has suffered a plunge since the beginning of 2020 as investors took a more cautious tack while restrictions and quarantine measures hindered the evaluation and decision-making of M&A deals. Such transactions in Vietnam were estimated at $3.5 billion during 2020, accounting for 48.6 per cent compared to the previous year, but it is believed the market wi...

Gunkul Engineering acquires 50MW solar power plant in Thua Thien-Hue for US$39.9 million 28 Dec 2020 |  Nguyen Tuong Thuy Driven by its rising power demand, Vietnam has become one of the largest and fastest-growing renewable energy markets in Southeast Asia, and Thai companies are acting swiftly to take advantage of the vast opportunities in the country. Thai energy firm Gunkul Engineering, for example, has acquired the 50-megawatt Phong Dien II solar power plant in the central Vietnamese province of Thua Thien-Hue for US$39.9 million. The facility started commercial operation on December 1...