GIC-backed Vinhomes becomes Vietnam's second-most valuable listed firm

GIC-backed Vinhomes becomes Vietnam's second-most valuable listed firm

Vinhomes Royal City (Hanoi)

Robust investor appetite and soaring demand for quality housing in cities have pushed Vinhomes, the luxury villa development arm of Vietnam’s biggest property developer Vingroup (VIC), to become the second most valuable listed firm in the Southeast Asian country as the property player made its stock market debut at a premium.

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