The first three months of the year have witnessed more local businesses beef up their mergers and acquisitions efforts in order to scale up operations.

Anheuser-Busch InBev and SAB Beer announced their merger in Viet Nam on January 12 following the approval of the Ministry of Industry and Trade.

Petrolimex, which holds a 40% stake in the Petrolimex Group Commercial Bank (PGBank), sought to complete the merger between PGBank and the HCMC Development Bank before August 31, said the Vnexpress website.

The collapse of Mon Hue and Soya Garden shows not only the risk of investors when they pour money into startups in food and beverage chains, but also the inadequacies of utilising investment capital inefficiently.

The merger will make the race in the e-commerce market more exciting.

Foreign investment in Vietnam through mergers and acquisitions (M&As) in the real estate sector between January and October 2019 rocketed 235% from a year earlier to a record high value of US$1.75 billion, data showed.