In the first half of the year, the capital market had six successful IPOs, raising US$65 million, building on the vibrant market movements in the second half of 2021.
Escalating competition in the e-commerce, logistics and fast delivery sectors is causing players to speed up the IPO process. At the same time, the capital market is also witnessing multiple challenges, uncertainties and waiting for ''blockbuster'' IPO deals.
Ahead of its IPO, PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has announced plans to allocate over US$20 million to driver-partners in Indonesia, Viet Nam and Singapore.
IPOs (Initial Public Offering) or being listed on foreign markets not only helps Vietnamese companies attract investments, but also strengthens their positions and the country’s position in the world.
In mid October, FLC Group announced it would sell nearly 300 million shares to current shareholders at a rate of 42.2 per cent and a price of VND10,000 per share.
New budget carrier Bamboo Airways plans to list 400 million shares on the Ho Chi Minh City Stock Exchange or Ha Noi Stock Exchange in January 2020 at the earliest.
Bamboo Airways, a subsidiary of real estate developer FLC Group, is planning to issue an initial public offering (IPO) in 2020 to serve its expansion plans, according to the news site Bloomberg.
Dat Xanh Real Estate Service and Construction Corp (DXG) plans to conduct initial public offering (IPO) for its real estate services segment in late 2019, early 2020.
South Korea’s Nonghuypbank is looking at becoming a strategic investor in Agribank as it is due to make an initial public offering (IPO) at the end of this year.