Deals
Goldman-Backed Games Startup Aims for Vietnam's First IPO Abroad
- Vietnam’s VNG Corp. signs MOU to list shares on the Nasdaq
- Company would be first Vietnamese tech startup to list in U.S.
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Communist-led Vietnam may soon have its first technology company go public in the U.S.
VNG Corp., a game developer whose investors include Goldman Sachs Group Inc. and GIC Pte, signed a memorandum of understanding to list on the Nasdaq Stock Market after regulatory approval from the Vietnam government, co-founder and Chief Executive Officer Le Hong Minh said. The process could take 18 to 24 months, he said.