The Mobile World-backed electronics retailer plans to start trading on the Ho Chi Minh City Stock Exchange in August, after completing one of Vietnam’s largest IPOs in recent years.
Hanoi’s capital market initiatives are driving Vietnamese equities higher even as concerns over Asia’s trade outlook and erratic tariffs continue to overhang sentiment.
The Southeast Asian nation is emerging as a market bellwether, with improving fundamentals, however the uncertain 2025 global trade outlook is making some investors cautious.
Vietnam’s domestic corporate bond market has significant potential and its development is set to receive a boost with the launch of VIS Rating, a partnership by Moody's with several leading local financial institutions.
In 2022, UOB agreed to acquire Citi’s Vietnam business as part of a larger deal that also includes Malaysia, Thailand and Indonesia. Meanwhile, the bank’s India consumer business will transfer to domestic lender, Axis Bank.
Vietnam’s start-up ecosystem often draws comparison with that of Indonesia and China some years back, but investors in the market face different opportunities and exit options, say VC experts.
Vietnam is emerging as a major tech ecosystem hub and provides a viable alternative investment pipeline to China, in the context of ongoing regulatory crackdown. And if it’s an indication of the country’s ambitions, start-ups like Loship are chasing the dream of ringing the US opening bell.
