The Vietnamese Competition Authority conditionally approves the merger of two food production companies in its first-ever merger decision involving remedies (Kido / Nutifood)

On November 6, 2023, the Vietnam Competition Commission (VCC) issued Decision 287/QD-CT, conditionally clearing an M&A transaction involving Kido Foods and Nutifood, both well-recognized brands in Vietnam. This decision is particularly notable, as it seemingly marks the VCC’s first conditional approval of economic concentration since its establishment in April 2023. Furthermore, the decision’s