Vietnam Raises Most Funds From IPOs Across Southeast Asia: Chart

Vietnam is leading the pack in Southeast Asia this year when it comes to raising funds from initial public offerings. The country has a pipeline of state-owned enterprises planning IPOs, with 177 expected through 2020, including those of Vietnam Mobile Telecom Services Co. and Vietnam National Shipping Lines, according to Saigon Securities Inc. The Hanoi Stock Exchange has been grooming companies that aren’t ready for listing in its regulated over-the-counter market and is planning to speed up the process, said Nguyen Anh Phong, the bourse’s deputy CEO.

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