Meanwhile, according to Tran Quang Hoi, founder of Japan-Vietnam mediators Ecobuy Business & Service, many Japanese firms have also invested into Vietnam’s agricultural sector over the years.
“In the second half of 2019 and early in 2020 there will be more Japanese financiers who will be interested in M&A deals because Vietnam’s potential is huge, with many strong products like melons, mushrooms, herbs, and chicken,” Hoi told VIR.
M&A agriculture positives
Witnessing the improvement of Vietnamese farms after M&A deals, Hoi highly appreciated the impact of these deals to Vietnam’s agricultural sector. “While Vietnamese producers work in traditional methods with less support in machinery and technical criteria, the participation of Japanese investors has helped those farms work automatically in a greener way, bringing products with better quality,” Hoi affirmed.
