Lack of novelty may hinder IPO ambitions

Lack of novelty may hinder IPO ambitions

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

Vietnam eyes 32.4 per cent jump in outbound investment so far this year

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?

Will VinFast break into Indonesia?

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

VinFast and Gotion High-tech to co-operate on LFP battery sourcing and production

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

Vingroup to sell 3 per cent stake in Vinhomes to further invest in VinFast

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

Vingroup to establish VinES and VinAI to invest in batteries, accumulators, and AI

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

Ministry of Finance proposes registration fee cut for electric cars

The Ministry of Finance proposed halving the registration fee of electric cars compared to petrol cars.
VinFast starts operation in North America and Europe

VinFast starts operation in North America and Europe

VinFast is furthering its presence in foreign markets by opening branches in several European and North American markets.
Vingroup covers bases with expansion

Vingroup covers bases with expansion

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

E-cars gear up for policy assistance

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

US IPO of VinFast could be delayed due to scrutiny over SPAC

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

VinFast to temporarily close Australian R&D division due to COVID-19

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

Vingroup steps up overseas investment to realise global ambitions

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

Vingroup lays it all on the table in name of progress

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

Big-shot groups aim again for IPO success

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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