HCM City, Nov. 13 -- After a quiet period often referred to as the "tech winter," investment through mergers and acquisitions (M&A) is warming up again in Vietnam's technology sector, signaling a robust rebound driven by innovation and digital transformation.

Market heating up with notable deals

Although no "blockbuster" transactions have emerged yet, the M&A market since early 2025 has seen a clear shift toward technology and startups, with larger and more strategic deals, Dau tu (Vietnam Investment Review) reported on November 12.

The most notable transaction so far is Japan's Appirits Inc.'s acquisition of Vietnamese firm Bumbu JSC from individual shareholders for around 241 million USD, including 66.6 million USD in cash and 174.4 ...