FIEs rush to list shares on Vietnam’s stock marketVietNamNet Bridge - As Vietnam’s stock market has become increasingly attractive to foreign-invested enterprises (FIEs), many of them are planning IPOs (initial public offering) and listing shares on the Hanoi and HCM City exchanges. Many FIEs want to list shares on Vietnam's stock marketJollibee Foods Corp from the Philippines is going ahead with an IPO for its Highlands Coffee chain by 2019. An analyst commented that foreign investors were choosing Vietnam to set up production bases, but also listing shares. This is good news for Vietnam, which wants foreign investors to retain profits in Vietnam for re-investment in the country. The Vietnam stock market has experienced a prosperous year and jumped to the third position, accounting for 18 percent of MSCI’s (Morgan Stanley Capital International) frontier markets’ basket of indicators, just after Argentina and Kuwait.

Source: VietNamNet News May 07, 2018 05:15 UTC