Why Vietnam deal teams may want to prepare for both IPO and sale
With listed markets under pressure and some buyers still active keeping both a sale and a listing open could be a useful part of what advisors offer Vietnamese sellers strong Phi Bui account executive at Ansarada Vietnam strong gives his outlook on the current markets
Vietnam's listed market has been under pressure, but some buyers of Vietnamese assets are still pursuing deals. Foreign investors have been net sellers, offloading a significant amount on the Ho Chi Minh City Stock Exchange over the past few weeks. Meanwhile, potential buyers are pursuing both IPO and sale routes in parallel. This dual-track process can help reduce the need to restart a process if conditions shift.
Vietnam has recorded four IPOs in the first half of the year, with the highest combined market capitalization in Southeast Asia. Companies like Elmet Group, Kokuyo, and Highlands Coffee have shown interest in acquiring stakes in other Vietnamese firms, with tentative IPO plans. Running both routes may involve additional complexity, including managing different regulatory requirements, timelines, and ownership tests.
Preparing for both routes early, including language and data compliance, can help reduce duplicated effort. Preserving optionality by preparing for both routes may become increasingly important in volatile markets.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
