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US$291 million invested in Vietnamese startups

The number of startups invested doubled after one year, reaching 92 enterprises.

VNG targets 35 per cent growth in pre-tax profit in 2017

According to the resolution of the annual shareholders’ meeting of major Vietnamese information technology company VNG Corporation passed last week, it has set a target revenue of VND3.96 trillion (US$174 million), up 31 per cent over the previous year, and profit before tax of VND908 billion (US$40 million), up 34.7 per cent.

Will VNG list shares on Nasdaq?

Cavico had to delist 10 years ago, an indication that it can be difficult for companies to enter foreign bourses.

Why have big firms still not listed their shares on foreign bourses?

Both Vietjet and VNG have said they want to be the first Vietnamese enterprises to list shares on foreign bourses. Other firms have tried to do so in the past.

Vietjet, FPT rush into US during Prime Minister's visit

Companies seek IPOs as Vietnam pushes bilateral ties following TPP setback.