A large market, growing fast, and becoming easier to buy into.
Investors rarely doubt Vietnam's growth. They doubt whether its private companies can be diligenced and owned. That second question is the one now changing.
Large and fast-growing
A market of around 100 million people and one of the fastest-growing economies in Southeast Asia, with a middle class that keeps expanding. Enough domestic demand to scale a business without leaving the country.
Becoming investor-ready
A national reform program has made the private sector the main engine of growth under Resolution 68, ended the lump-sum tax regime in 2026 so more businesses keep declared books, and earned FTSE Russell's upgrade to emerging market status.
Open and connected
A wide network of free trade agreements, including CPTPP, RCEP and pacts with the EU, Japan and Korea. For a foreign acquirer, Vietnam is a base for the region as well as a market in itself.
Three reasons to acquire here.
Entry into underpenetrated sectors
Private healthcare, education, modern retail and logistics are still early. Acquiring an operating business gives you customers, distribution and a team from day one, in place of years spent building them.
Founder succession
Vietnam is still on its first generation of private founders, and few have a successor in place. Established, profitable businesses are coming to market for the first time, often with an owner willing to stay through the handover.
Consolidation
Most sectors are fragmented and owner-run, with no dominant player. That leaves room to roll up a platform, or to bolt a local business onto one you already own and capture the synergies.
Institutional coverage stops at the mid-market. We work in the tier below it.
The companies in that tier are growing as fast as the ones above them. What they lack is a process a buyer can trust. That is the part we bring.
Access
The usualGood companies below the range banks cover never reach your desk.
With BRAEVietnamese businesses with US$1M+ in revenue, the tier that banks and large advisors leave uncovered.
Mandate
The usualDeals shopped without authority, by an owner who has not decided to sell.
With BRAEA signed sell-side engagement and an owner who has approved the buyer list. We represent one side only.
Preparation
The usualThin information, unadjusted numbers and no defined timeline.
With BRAEA blind teaser, an information memorandum, normalized financials and a data room, all ready before launch.
Matching
The usualMass emails to every fund on a list, whatever the mandate.
With BRAEAI-native buyer mapping against your criteria. You receive only the deals that fit, privately, with names shared after an NDA.
Founder-friendly on the sell side, AI-native in the work. Owners who trust the process stay in it, and buyers get a deal that is ready to move.
Serious buyers, whatever their structure.
We work with any buyer who has capital, a clear mandate and the intent to close.
Private equity and venture funds
Funds building a position in Vietnam through control deals or significant minority stakes.
Strategic corporates
Vietnamese and regional companies acquiring for market share, capability or supply chain.
Cross-border acquirers
Groups from Japan, Korea, Singapore and beyond entering Vietnam through an operating business.
Family offices and search funds
Long-term owners and operator-led acquirers looking for an established business with a founder ready to hand over.
From your criteria to a conversation with the owner.
Set your criteria
- Sector, ticket size and geography
- Majority, minority or both
- The thesis behind the search
Receive a blind teaser
- Sent only when a mandate fits
- The business in outline, no name
- Nothing in your inbox if nothing fits
Sign the NDA
- The owner approves you as a buyer
- Company name and information memorandum
- Access to the data room
Meet the owner
- A call with the founder and management
- A process letter with a set timeline
- Your indication of interest
Tell us what you acquire.
Share your criteria once. When a mandate fits, you receive a blind teaser first, and the full materials after an NDA.