vng delays us ipo amid subdued market appetite

VNG delays US IPO amid subdued market appetite

Vietnam's digital stalwart VNG has reportedly shelved its imminent initial public offering (IPO) plans for the US, attributing its decision to the current tepid market response to recent tech listings.
rikkeisoft to invest up to 30 million in us by 2026 eyeing ipo

Rikkeisoft to invest up to $30 million in US by 2026, eyeing IPO

Rikkeisoft, the largest private technology company in Vietnam that specialises in helping customers with digitalisation and innovative solutions, is embarking on a strategic commitment to invest up to $30 million in the United States within the next three years.
strategic advantages on show in hong kong stock exchange

Strategic advantages on show in Hong Kong Stock Exchange

Positioned as Asia’s premier initial public offering hub, the Hong Kong Stock Exchange (HKEX) offers unparalleled access to vast capital resources. Christina Bao, co-head of Sales and Marketing at HKEX, discussed the opportunities and strategic advantages it extends to enterprises with VIR’s Luu Huong.
vietnams tech unicorn vng files for ipo

Vietnam's tech unicorn VNG files for IPO

Vietnamese tech unicorn VNG has filed for an initial public offering (IPO) on the NASDAQ Global Select market, making it the first Vietnamese tech company to list in the United States.
securities entrants intensify capital dynamics in vietnam

Securities entrants intensify capital dynamics in Vietnam

Amidst an evolving market landscape, numerous Vietnamese securities firms are aggressively augmenting their charter capital, aiming to fortify their positions and harness the booming stock market.
tiki battles to keep up with financially muscular rivals

Tiki battles to keep up with financially muscular rivals

Amid the resignation of Tiki’s co-founder, Vietnam’s e-commerce landscape faces a challenging period underscored by intense competition, performance challenges, and the pressing need for a strategic overhaul.
tiki ceo tran ngoc thai son steps down casting shadows over ipo plan

Tiki CEO Tran Ngoc Thai Son steps down, casting shadows over IPO plan

According to a report by DealstreetAsia, Tran Ngoc Thai Son, CEO and co-founder of Tiki, has tendered his resignation to the company's Board of Directors.
vietnam rok boost intellectual property cooperation

Vietnam, RoK boost intellectual property cooperation

The Intellectual Property Office of Vietnam (IPO) under the Ministry of Science and the Korean Intellectual Property Office (KIPO) of the Republic of Korea (RoK) signed a Memorandum of Understanding (MoU) on strengthening intellectual property cooperation at a ceremony on June 22 in Hanoi.
key road opens investing avenues

Key road opens investing avenues

The megaproject of Ring Road 3, which started construction this month, can help more clearly shape the face of a multipolar Ho Chi Minh City urban area and create new development impetus for the real estate market.
vietnamese unicorn vng targets 100 million in funding round to fuel expansion

Vietnamese unicorn VNG targets $100 million in funding round to fuel expansion

VNG Corporation, a prominent Vietnamese internet company supported by Singapore's sovereign wealth fund GIC, is pursuing a fresh funding round with the goal of raising $100 million.
companies hold back from listing in exchange shake up

Companies hold back from listing in exchange shake-up

A number of companies have postponed or entirely cancelled plans to list in Vietnam due to current market volatility and economic uncertainties, while some banks signal their intention to tap into broader funds by switching to the Ho Chi Minh City bourse.
vietnamese electrical vehicles reach us customers

Vietnamese electrical vehicles reach US customers

Vietnamese electrical carmakers VinFast on March 1 delivered its first 45 VF 8 City Edition electric SUVs to US customers at nine California showrooms, marking its official entry into the US automobile market.
163 ipos in southeast asia in 2022

163 IPOs in Southeast Asia in 2022

Initial public offering (IPO) fundraising was subdued across the capital markets in Southeast Asia last year, as Vietnam witnessed eight successful IPOs with funds raised amounting to $71 million.
indonesia eyes 11 bln usd in capital market in 2023

Indonesia eyes 11 bln USD in capital market in 2023

Indonesia aims to raise 170 trillion rupiah (10.92 billion USD) in the capital market in 2023, including from initial public offerings and debt instruments, well below the amount raised in 2022, the country's financial regulator said on January 2.
predicting outcome of vinfast ipo plans

Predicting outcome of VinFast IPO plans

VinFast, the auto arm of Vingroup, has submitted documents for its first initial public offering on the Nasdaq. Kent Wong, legal committee chairman at the European Chamber of Commerce in Vietnam, discussed with VIR’s Luu Huong the feasibility and challenges of Vietnamese corporations when it comes to overseas listing.