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VNG to post record losses

VNG to post record losses

Vietnam tech unicorn VNG Corp expects revenues to surge by 33 percent this year, but losses to rise nine-fold to an all-time high.
Vietnam's Vinfast IPO may be delayed to 2023 on market uncertainty

Vietnam's Vinfast IPO may be delayed to 2023 on market uncertainty

The chairman of Vietnam's Vingroup conglomerate said on Wednesday that an initial public offering (IPO) for the company's auto unit, VinFast, may be delayed until next year due to market uncertainty.
May 12, 2022 | 09:00 pm PT
Vietnam's Masan eyes international IPO for retail unit in 2023-2024

Vietnam's Masan eyes international IPO for retail unit in 2023-2024

Conglomerate Masan said it was considering launching an international initial public offering for its consumer retail unit The CrownX in 2023-2024 after raising a further $350 million from a consortium of investors.
December 12, 2021 | 08:54 pm PT
​Bamboo Airways plans US IPO in Q3

​Bamboo Airways plans US IPO in Q3

Private carrier Bamboo Airways is considering an initial public offering of shares in the U.S. this year to raise $200 million.
April 14, 2021 | 06:49 pm PT
Grab set to announce deal with US SPAC at $40 billion valuation: sources

Grab set to announce deal with US SPAC at $40 billion valuation: sources

Grab Holdings is set to announce as early as Tuesday a merger with U.S.-based Altimeter that will value Grab at nearly $40 billion and lead to a public listing.
April 13, 2021 | 01:25 am PT
Vietnam's richest man could become a top 50 billionaire

Vietnam's richest man could become a top 50 billionaire

The upcoming IPO of automaker VinFast could catapult Pham Nhat Vuong as the first Vietnamese to enter the rarefied bracket of the world’s top 50 richest people.
April 12, 2021 | 08:52 pm PT
Vingroup eyes $2 bln from VinFast IPO in US

Vingroup eyes $2 bln from VinFast IPO in US

Vietnam’s largest private company, Vingroup, is considering an initial public offering of shares in its auto subsidiary VinFast in the U.S. to raise around $2 billion.
April 12, 2021 | 05:31 pm PT
Future of Vietnam’s leading consumer finance company decided: analysts

Future of Vietnam’s leading consumer finance company decided: analysts

VPBank will either sell its stake in fully-owned subsidiary FE Credit next quarter or make an initial public offering by year end.
February 24, 2021 | 04:22 pm PT
Thai Bev to sell 20 percent of beer business in blockbuster Singapore IPO

Thai Bev to sell 20 percent of beer business in blockbuster Singapore IPO

Thai Beverage plans to sell a 20 percent stake in its regional beer business via a Singapore listing in a major initial public offering.
February 6, 2021 | 12:46 am PT
Vietnam power utility unit to go public

Vietnam power utility unit to go public

A $2-billion power generation unit of state-owned utility Vietnam Electricity (EVN) will have an initial public offering on the country’s main bourse next month.
January 22, 2021 | 06:00 pm PT
Southeast Asia's Grab considering US IPO this year: sources

Southeast Asia's Grab considering US IPO this year: sources

Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the U.S. this year, three sources familiar with the matter told Reuters.
January 18, 2021 | 12:38 am PT
Fintech firm NextPay seeks to raise $100 mln

Fintech firm NextPay seeks to raise $100 mln

E-payment company NextPay Holdings plans to raise up to $100 million in the first quarter next year via a private placement.
September 5, 2020 | 11:45 pm PT
Bamboo Airways soars to $13 million profit

Bamboo Airways soars to $13 million profit

Bamboo Airways reported pre-tax profit of VND303 billion ($13 million) in 2019 after one year of flying. 
January 8, 2020 | 04:39 am PT
Bamboo Airways targets resourceful foreign investors

Bamboo Airways targets resourceful foreign investors

Bamboo Airways plans to sell its shares to foreign investors for VND160,000 ($6.9) per share as part of its IPO next year.
December 22, 2019 | 10:12 pm PT
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