assortment of firms take on ipo dreams

Assortment of firms take on IPO dreams

Besides ample private funding, some major Vietnamese businesses are trying to gain scale as listed companies to strategically accelerate growth.
vng to prepare for ipo on nasdaq in 2022

VNG to prepare for IPO on Nasdaq in 2022

Vietnam’s tech giant VNG, one of Vietnam’s first unicorns, plans to list on the US tech-heavy Nasdaq later this year.
big names bet on ipo frenzy in international markets

Big names bet on IPO frenzy in international markets

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.
opencommerce group raises 7 million in a series a round backed by vng and do ventures

OpenCommerce Group raises $7 million in a Series A round backed by VNG and Do Ventures

Headquartered in Hanoi with offices in San Francisco and Shenzhen, OpenCommerce Group (OCG) provides a one-stop service for both veteran and zero-experience online sellers with low risk and low cost. Over two years after launch, the platform has helped more than 86,700 sellers from 195 countries establish their e-commerce stores internationally, generating $670 million in gross merchandise value.
vng group pumps 225 million into fintech platform

VNG Group pumps $22.5 million into fintech platform

Digital financing platform Funding Societies has confirmed its fresh fundraising round worth $144 million in an oversubscribed Series C+ led by SoftBank Vision Fund 2 and several other venture capital firms.
evngenco 3 to list 11 billion shares on hsx

EVNGENCO 3 to list 1.1 billion shares on HSX

Power Generation JSC 3 (EVNGENCO 3), which is listed on UpCOM, will switch to list its 1.1 billion shares on Ho Chi Minh City Stock Exchange (HSX), with the charter capital of over $488 million.
vng invests 225 million in telios b2b e commerce platform

VNG invests $22.5 million in Telio's B2B e-commerce platform

Vietnamese online gaming and technology firm VNG has invested $22.5 million in Telio, a business-to-business (B2B) e-commerce company in its pre-Series B funding round.
vietnam to host first official sea esports championship

Vietnam to host first official SEA eSports Championship

The Southeast Asian eSports Championship 2021 (SEA EC 2021) will be held virtually by the Vietnam Recreational E-sport Association (VIRESA) and tech giant VNG Corporation, heard a press conference on October 28.
vietnamese groups seeing more promise in us listing

Vietnamese groups seeing more promise in US listing

A series of Southeast Asian tech startups going public in the United States is creating a rippling impact throughout the ecosystem, particularly on Vietnamese companies. Nevertheless, a listing is just the beginning of the journey with significant fees and stringent scrutiny all parts of the package.
ipo frenzy intensifies

IPO frenzy intensifies

Some major tech-affine Vietnamese corporations are jumping on the bandwagon for overseas initial public offerings, particularly in the United States.
vng considers going public in a 3 billion spac merger

VNG considers going public in a $3 billion SPAC merger

Vietnam's first unicorn VNG is mulling to list in the US through a reverse merger involving a special purpose acquisition company.
japanese newspaper reviews vietnams first unicorn firm

Japanese newspaper reviews Vietnam’s first unicorn firm

Over the past decade and a half, VNG has diversified into cloud computing, ads, digital payments and media, and built up one of the biggest digital user bases in Vietnam, said an article recently published on the Japanese newspaper Nikkei Asia.
zalo shop cutting the tree under itself with new subscription charge

Zalo Shop cutting the tree under itself with new subscription charge

Online vendors are protesting the decision by Zalo Shop to begin charging subscription fees, claiming its product offering and market share are nowhere close to warranting the step.
vng cloud eyes new fintech solution partners at switch 2020

VNG Cloud eyes new fintech solution partners at SWITCH 2020

VNG Cloud will be sourcing for innovation partners at Enterprise Singapore’s (ESG) inaugural Southeast Asian Open Innovation Challenge at the Singapore Week of Innovation and Technology 2020 (SWITCH 2020) on December 7-11, 2020.
ge signs agreements with evngenco 3 to boost largest power plants in vietnam

GE signs agreements with EVNGENCO 3 to boost largest power plants in Vietnam

The five-year service agreement between GE and EVNGENCO 3 includes the provision of new and reconditioned parts, and on-site services for four GE GT13E2 gas turbines and STF-D200 combined cycle steam turbine units, helping to increase EVNGENCO 3’s power plants’ safe and reliable operations and efficiency.