HCM City (VNA), March 12 -- Compared to three years ago, domestic investors outperformed on the merger and acquisition (M&A) market, but the most valuable deals still belonged to foreign investors, heard a conference on M&A trends in Ho Chi Minh City on March 12.

The event was organised by the Business Association of High-Quality Vietnamese Products in coordination with relevant units.

According to the Vietnam M&A Transformation report by KPMG, the total value of M&A transactions in Vietnam reached 4.4 billion USD in the first ten months of 2023, involving over 260 deals. The average deal value stood at 54.5 million USD.

Nguyen Tuan Anh, a lecturer at RMIT University Vietnam, Saigon South Campus, said consumer goods and non-essential g...