Vietnam-based hospitality firm Thang Long GTC launches IPO, collects $16.7m

Visual from Thang Long GTC's website, August 13

State-run company Thang Long GTC, a unit of hospitality firm Hanoi Tourist, sold its entire 33.9 million shares during its initial public offer (IPO) auction on Thursday, to earn proceeds of VND363 billion ($16.7 million).

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