Tai Tran

Over the past decade, we have been deliberating on the appropriate entry and exit valuations in the Vietnamese market. Although these valuations are likely to change, we have set a standard for the next 3-5 years. Considering the economic status, industry structure and size, development speed and patterns, startup environment, perception and activities of foreign companies, evolution of capital market systems, involvement of investors and investment banks, areas of interest for Private Equity Funds, and the potential for profit generation, changes and speed in Vietnamese consumer purchasing power, industries with significant or limited purchasing power, industries receptive or resistant to change, growth in sectors like super apps, platforms, consumer goods, transportation, education, and the development of the semiconductor backend industry, there are many factors to consider. However, the appropriate entry and exit valuations for Vietnamese startups require more than just absolute value figures. Research on feasible exit sizes, methods, industries, and stages is necessary. Fortunately, since 2018, most companies we have invested in have shown a corporate value growth of more than tenfold, and they are at stages where exiting would be justifiable. From this year onwards, we need to not only continue making prudent investments but also devise effective exit strategies unique to the Vietnamese market.

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Private equity is becoming increasingly important part of the M&A landscape in South Korea, and with the recent closings of several new funds, including the Hahn & Company's US$3.4 billion latest fund, private equity's influence will only increase. Meanwhile, rising Korean LP class continue to support the private markets with commitments to private equity, private credit and other private market asset classes focused on the domestic and international, the opportunities will get bigger with more capital to drive the market. Join us for this year's AVCJ Korea Forum to get actionable insights into the sentiments, strategies and thinking of these South Korea's top investors and their peers. AVCJ Korea Forum is scheduled for Sept 6 in Seoul. Details at: https://lnkd.in/g8j-JnAx #ionanalytics #mergermarket #koreanprivateequity, #privateequity, #koreanLPs, #avcj, #avcjforum

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🚀 **Southeast Asia: A Hotspot for FDI in 2024!** 🌏 In 2023, ASEAN countries experienced a surge in FDI inflows, reaching $236 billion, fueled by the diversification trend away from China. Vietnam, a standout performer, attracted investments in technology, renewable energy, healthcare, and real estate. Notably, Vietnam saw a remarkable 38.6% increase in FDI in the first two months of 2024, with significant contributions from Singapore, Hong Kong, Japan, and China. Singapore is bolstering its digital economy and supply chain resilience by implementing measures like the Significant Interest and Review Board (SIRB) to ensure both security and economic growth. Meanwhile, Cambodia is leading FDI growth in the region, benefiting from economic diversification and the Regional Comprehensive Economic Partnership (RCEP). The strategic economic policies and cooperative initiatives in Southeast Asia are making it an appealing destination for US and Western private equity firms seeking sustainable growth opportunities. The region's growth showcases its potential and attractiveness for investors keen on exploring emerging markets. #FDI #SoutheastAsia #PrivateEquity #Vietnam #Singapore #Cambodia #Investment #GlobalEconomy #ChinaPlusOne #DigitalEconomy #RenewableEnergy #RealEstate #EconomicGrowth #ASEAN Read more: [Vietnam's 2024 FDI Landscape: Opportunities, Incentives, and Emerging Trends](https://lnkd.in/e53K8C-m)

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To be eligible, the startup must be set up under Thai laws, with at least 51% shares held by Thai nationals, and the founder(s) must hold at least 60% of shares. The startup must also have received at least 15 million baht from the venture capital fund that is listed with the National Innovation Agency. #thailand #startup

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