Vietnam’s IPO Digest: Vinaconex sets preference price; Becamex misses target


The country might not be able to reach its target of privatising 44 state companies this year.

Sweden’s Fram to buy Rocket-backed Carmudi’s Vietnam business

Swedish-Vietnamese IT service provider Fram will pay $50,000 for 95 per cent stake in Rocket Internet-backed Carmudi

Vietnam: Garment firm Quang Viet to take 42% in King Hamm for $11m

King Hamm has two factory plants in Vietnam, supplying high-end swimwear and functional wear to global brands

Vietnam’s Sabeco receives strong response at Singapore investor roadshow

The sale has attracted interest from brewers seeking access to one of Asia’s most-promising beer markets.

Vietnam: Hong Kong-based Hendale Capital invests in online travel agency Vntrip

The Hong Kong investor did not divulge transaction details. Vntrip had earlier announced it had raised $10 million.

Vietnam: HDBank to sell 20% stake in December IPO at $1.5b valuation

HDBank is hoping to raise up to $300 million, with a target to list in the first quarter of 2018.

Vietnam-linked firm acquires Nasdaq-listed Stanley Furniture for $16.1m

The sale is expected to be closed in the first quarter of 2018.

Asian investors compete to build up stakes in Vinamilk

Hong Kong’s Jardine Matheson and Singapore-listed Fraser and Neave (F&N) are both likely to up their stakes. 

Exclusive: Fenox VC aims to strike first deal in Vietnam by 2018

More VC funds are looking at Vietnam at the moment because the ecosystem is very promising

Singapore Jardine unit ups investment into Vinamilk to $1b for 8.9% stake

JC&C is now Vinamilk’s second-largest foreign shareholder after Fraser & Neave.