In 2020, the global economy and Vietnam’s economy were heavily affected by the consequences of the COVID-19 pandemic. The pandemic continued to evolve in a complicated manner and had not yet been brought under control. In this context, businesses also faced other pressures such as international economic integration through the WTO, capital shortages, tax policies, and challenges related to management capacity, operational governance, and the shortage of high-quality human resources in the Industry 4.0 era.

As a result, the number of businesses withdrawing from the market increased, reflecting a trend of waiting, “freezing,” or entering a state of “hibernation” to observe and evaluate the development of the pandemic. Afterward, businesses would decide whether to continue operations or proceed with dissolution. This situation is clearly reflected in the significant rise in the number of enterprises temporarily suspending business operations in the short term.

According to the General Statistics Office of Vietnam, the majority of Vietnamese enterprises are still small and medium-sized businesses, which often face limitations such as lack of capital, weak competitiveness, and particularly immature corporate governance capabilities.

Under such pressure, many businesses today are forced to choose the solution of “RESTRUCTURING” – strengthening “BUSINESS HEALTH MANAGEMENT” to “renew” and “improve the vitality” of their organizations. Restructuring is the process of reorganizing, rearranging, and improving a business based on its existing structure in order to create new operational efficiency, achieve sustainable growth, enhance professionalism, and increase competitiveness. This process is built upon the foundations of mission, vision, and strategic orientation that have previously been established.

Restructuring is often complex and requires a high level of professional expertise. Therefore, businesses seeking effective restructuring usually need the support of professional consulting firms or reputable financial and restructuring experts. BHM Restructuring Consulting Joint Stock Company was established in this context – with the mission of delivering value and taking care of the “health” of Vietnamese businesses.

We have a team of experts with many years of experience in fields such as corporate governance, business development, marketing, restructuring, mergers and acquisitions (M&A), finance and accounting, independent auditing, internal auditing, manufacturing operations, tax consulting, valuation, debt restructuring, legal consulting, human resources, and training. Our team also possesses extensive experience across various sectors of the economy, including manufacturing, services, banking, insurance, securities, and more, and has worked with organizations that have undergone restructuring processes.