Lack of novelty may hinder IPO ambitions
October 14, 2021 | 11:00
Vietnamese e-commerce holding company Society Pass has announced its intention to raise millions of US dollars from an initial public offering in the United States – but it remains unclear how a company with little success can achieve this goal ahead of e-commerce’s big hitters.
Vietnam eyes 32.4 per cent jump in outbound investment so far this year
September 29, 2021 | 11:44
In the first nine months, Vietnam pumped $572.3 million of total investment into new and supplemental capital ventures abroad, a 32.4 per cent jump on-year.
Will VinFast break into Indonesia?
September 04, 2021 | 14:58
VinFast of Vingroup is allegedly preparing to penetrate the Indonesian automobile market.
VinFast and Gotion High-tech to co-operate on LFP battery sourcing and production
August 23, 2021 | 17:57
VinFast and Gotion High-tech signed an MoU on the procurement of Gotion LFP batteries and will discuss establishing an LFP battery factory in Vietnam.
Vingroup to sell 3 per cent stake in Vinhomes to further invest in VinFast
August 18, 2021 | 16:53
Vingroup (HSX: VIC) has registered selling a little more than 100 million shares of its giant property arm Vinhomes JSC (HSX: VHM).
Vingroup to establish VinES and VinAI to invest in batteries, accumulators, and AI
August 12, 2021 | 20:28
Vingroup has established VinES and VinAI in a bid to diversify the group’s high-tech investment.
Ministry of Finance proposes registration fee cut for electric cars
August 10, 2021 | 23:04
The Ministry of Finance proposed halving the registration fee of electric cars compared to petrol cars.
VinFast starts operation in North America and Europe
July 12, 2021 | 21:40
VinFast is furthering its presence in foreign markets by opening branches in several European and North American markets.
Vingroup covers bases with expansion
June 29, 2021 | 08:00
VinFast – Vietnam’s first fully-fledged domestic carmaker and an integral part of conglomerate Vingroup – wants in on the American dream, the Vingroup chairman proclaimed at its latest shareholders’ meeting, while other Vingroup subsidiaries are also looking to further dominate in everything from real estate to biotechnology.
E-cars gear up for policy assistance
June 25, 2021 | 08:00
Not only VinFast could benefit if it is exempt from taxes and fees as proposed – the whole auto industry is also holding its breath waiting for policies.
US IPO of VinFast could be delayed due to scrutiny over SPAC
May 28, 2021 | 10:55
VinFast – the vehicle arm of Vietnam’s biggest conglomerate Vingroup – may have to delay its initial public offering (IPO) in the US due to heightening scrutiny over US regulations.
VinFast to temporarily close Australian R&D division due to COVID-19
May 09, 2021 | 22:57
VinFast is planning to temporarily close its research and development (R&D) centre in Melbourne, Australia due to complications from the COVID-19 pandemic.
Vingroup steps up overseas investment to realise global ambitions
May 03, 2021 | 20:19
Vingroup will pour an additional $300 million into the US market, to prepare for the sale of its new electric car models and smartphones.
Vingroup lays it all on the table in name of progress
April 20, 2021 | 14:00
Reports that Vingroup is considering an initial public offering in the United States for car unit VinFast are just the latest in a dizzying number of actions being looked at or carried out by Vietnam’s largest conglomerate. Is the sky truly the limit for the group and its founder Pham Nhat Vuong?
Big-shot groups aim again for IPO success
April 20, 2021 | 13:39
The vehicle arm of Vietnam’s biggest conglomerate, along with one of the country’s newest airlines, are both pondering fundraising activities involving listing on the New York Stock Exchange – a first for any Vietnamese company after several aborted attempts in the past years.
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