Abstract:
In this study, the researcher would like to find out how the effect of M&A toward the company’s performance. As we know merger and acquisition are a phenomenon and develop not only in Vietnam but also around the world in line with the development of business world. To find out the answer, the researcher took two companies that are Vingroup JSC and FPT Corporation in Vietnam from the year of 2009 until 2013. This study did not include the non-economic factors. The financial performance of the companies was measured by using the Financial Ratios but the most focusing ratio is Profitability Ratio. The methodology used in this study is quantitative research method using secondary data. The analysis of this research used using Paired Sample T-Test with significance level of 0.05. The result of Paired Sample T-Test showed that for Vingroup Company there has no significant different of the financial performance of the company before and after M&S. For FPT Corporation, there are a significant different of the company’s financial performance before and after M&A. However, it cannot be concluded that the reason of the changing is from M&A only. Because M&A is not the only factors that can affect the financial performances of the companies.