Vietnam builds bulging IPO pipeline

Equity capital markets are enjoying a breakout year as issuance levels gather momentum.

Vietnam builds bulging IPO pipeline

After years of failing to live up to expectations, Vietnam’s equity capital markets have reached a tipping point that could propel the country up the regional league tables if companies stay realistic about valuations and the government presses ahead with reform, say market players.

So far this year, Vietnamese companies have already raised more through initial public offerings than either the Philippines or Indonesia according to Dealogic and SP Global Market Intelligence figures...

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