Vietnam: MobiFone to divest SeABank and TPBank shares in Feb auction

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If successful, MobiFone expects to pocket at least VND400 billion ($17.6 million) from the auctions based on the starting price. 

Valuation mismatch, lack of scale & exit options remain key challenges in Vietnam startup space

Venture capital players share four insights with DEALSTREETASIA on investing in Vietnamese startups.


IFC commits to invest $15.3m in Vietnam’s DNP Water

The convertible loan to DNP Water Joint Stock Company will help support clean water supply for urban households in Vietnam.


Vietnam: Vinafood 2 gets nod for $220m IPO, to offer 25% to strategic investors

As part of the offer, the company will issue 500 million shares at the starting price of VND10,100 within the next three months.


Vietnam: HDBank makes strong market debut, opens 22% above IPO price

The lender raised $300 million in its IPO.


Vietnam Rubber Group targets raising $273m in Feb IPO

The state will retain a 75% stake in the firm after the IPO.


Vietnam: Eximbank pares stake in Sacombank to nearly 8%

In April 2017, Eximbank announced a plan to divest its entire stake in Sacombank.


Mitsubishi Corp to invest in Ho Chi Minh City residential project

The project will be Mitsubishi’s first in central Ho Chi Minh, Vietnam’s largest real estate market.


Vietnam’s Song Da to offer 219 million shares in IPO on Dec 25

It will raise at least VND2.4 trillion as the IPO shares will be auctioned at the starting price of VND11,000 each.


IFC announces $150m financing package for Vietnam’s ABBANK

At least one-third of the funding, or $45 million, will be used to support women-owned enterprises.