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Update news IPO
Vietnamese tech giant VNG has had a rough year. The company has canceled its plans to list its shares on a foreign stock exchange.
Escalating competition in the e-commerce, logistics and fast delivery sectors is causing players to speed up the IPO process.
VinFast Trading & Investment Pte. Ltd., a Singapore-based subsidiary of Vingroup, has submitted a draft preliminary IPO application form F-1 to the US Securities and Exchange Commission (SEC).
Vietnam’s largest private economic conglomerate Vingroup is scheduled to issue international bonds worth US$525 million in the first phase in May 2022.
Major Vietnamese conglomerates are contemplating plans to offer their shares on foreign exchanges to scale up their financial soundness and place their brand on the world stage – a process which continues to be easier said than done.
Many businesses want to list on international stock exchanges to mobilize large sources of capital.
Conducting an initial public offering (IPO) to list on a foreign stock exchange not only helps Vietnamese companies attract investors but also strengthens their status and the country’s profile in the world.
IPOs (Initial Public Offering) or being listed on foreign markets not only helps Vietnamese companies attract investments, but also strengthens their positions and the country’s position in the world.
Vingroup’s billionaire Pham Nhat Vuong is taking an unexpected step entering the world's largest electric car market.
Vietnamese banks are enthusiastically filing for initial public offering or re-listing, in which they dream about tapping into broader scope of funds.
Entrepreneurs have ambitious plans when starting up a business, but they often experience a thorny path to success.
The closures of startups is being reported frequently, especially amid the Covid-19 pandemic.
Having an IPO (initial public offering) is an unfulfilled dream for startups because they are all incurring losses, experts said.
For startups, growing enough to become a public company through an IPO (initial public offering) is an important goal, reported Saigon Economic Times
The Vietnam Rubber Group JSC (GVR) will move four billion of its shares listing on the Unlisted Public Company Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE).
Concerns over the lacklustre market have played a part in weakening investors’ appetite and could pose risks for Vietnamese banks going public this year.
Property developer FLC Group has cancelled the issuance of 300 million shares for current shareholders.
The divestment of three state-owned tourist companies is expected to present a vast opportunity for foreign investors.
The long-awaited listing of many large Vietnamese banks has once again been delayed as banks wait for market conditions to improve.
According to the government’s report, since more than 81 percent of the country’s public companies have charter capital of over VND30 billion, the revision thus will affect only a minority of firms.