Hanoi, Aug. 11 -- Vietnam's property mergers and acquisitions (M&A) market is moving away from takeover battles driven by financial clout, as experts point to a new phase shaped by partnerships, legal expertise, risk management and long-term vision.

This year, the market is undergoing a clear shift in investor composition. Once dominated by domestic firms leveraging land reserves and capital strength, it is now witnessing the rise of foreign investors who are stepping up in both scale and strategy. The result is a more selective playing field, where efficiency and shared value take precedence over "big fish eats small fish" dynamics.

Foreign investors speed up as domestic players hold back

According to CBRE Vietnam, foreign investment ...