Vietnam Newsletter - June 2025

Market Summary

In June 2025, the Vietnamese market witnessed transactions totaling around c.USD217m. Notably, the materials, and education sectors were prominently involved:

• The materials sector featured a notable transaction where SCG packaging acquired a 30% stake in Duy Tan Plastics, to consolidate ownership. 

• The education sector featured East Ventures investing USD10m in Galaxy Education, a Vietnamese edtech company.

Aggregate Deals Value = c.USD217m

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This month's top deals

Consumer & Retail

SCGP acquires additional 30 per cent stake in Duy Tan Plastics

SCG Packaging (SCGP) has acquired the remaining 30% stake in Duy Tan Plastics for USD109 million, making it a wholly owned subsidiary. The move strengthens SCGP’s consumer packaging business in Vietnam and supports its ASEAN expansion strategy, with a focus on sustainable packaging and integrated solutions.

Article link:

SCGP acquires additional 30 per cent stake in Duy Tan Plastics

Education

Vietnam's Galaxy Education raises USD10 million from East Ventures, others

Vietnamese edtech firm Galaxy Education has raised c. USD10 million from East Ventures and other investors to scale its AI-powered platforms and national ESL program, following full profitability in Q1 2025. Galaxy Education now serves over 8 million learners across Vietnam and 34 countries through its HOCMAI, ICAN, and FUNiX brands.

Article link:

Vietnam's Galaxy Education raises USD10 million from East Ventures, others

Note: Deal values include disclosed announced & closed deals with amounts restricted to the local scene i.e., amounts related to the Vietnam entity and/or business. Rumored deals are not included. Cross-posted deals are also adjusted to avoid double counting.