Vietnam recorded just one IPO in the first half of 2024, raising US$37 million, accounting for about 3 percent of the total value of IPOs among the six Southeast Asian countries included in Deloitte’s Southeast Asia Mid-Year IPO Snapshot 2024 report.
That single IPO was Hanoi-based DNSE Securities which officially listed under the ticker DSE on the Ho Chi Minh Stock Exchange at the start of July. Notably, this was the first new listing of a securities firm on the local bourse in the last five years.
Southeast Asia IPOs first half 2024
MY | TH | Indo. | PH | VN | Sing. | Total | |
IPOs | 21 | 17 | 25 | 2 | 1 | 1 | 67 |
Raised* | 450 | 427 | 248 | 194 | 37 | 20 | 1,376 |
Share of Total | 33% | 31% | 18% | 14% | 3% | 1% | 100% |
Market Cap.* | 1,521 | 1,795 | 1,225 | 930 | 136 | 173 | 5,780 |
Share of Total | 26% | 32% | 21% | 16% | 2% | 3% | 100% |
*US$ millions
Source: Deloitte’s Southeast Asia Mid-Year IPO Snapshot 2024
See also: How to Open a Trading Account in Vietnam: Technical Guide 2024