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.
vinfast submits ipo in the us

VinFast submits IPO in the US

VinFast Trading & Investment – a Vingroup subsidiary based in Singapore – has just submitted documents for its first initial public offering (IPO) in the US.
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.
ipo funds halve across southeast asia compared to previous year

IPO funds halve across Southeast Asia compared to previous year

Fresh data as of November 11 compiled by Deloitte Southeast Asia shows that Southeast Asian firms have raised $6.3 billion via 136 IPOs, which is 52 per cent lower than the record $13.3 billion raised through 152 IPOs in 2021.
vinfast to file for an ipo in us in january 2023

VinFast to file for an IPO in US in January 2023

VinFast, the electric vehicles (EV) manufacturer subsidiary of Vingroup, is allegedly considering its planned initial public offering (IPO) in the US as soon as January 2023.
innovating to ease burdens of crisis

Innovating to ease burdens of crisis

Vietnam has made tremendous progress in innovation, science, and technology. According to the 2021 WIPO Global Innovation Index, Vietnam leads the group of lower middle-income countries, ranking 44 out of 132 countries with more than 18,500 scientific and technological discoveries.