A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to  subscribe.

Vietnam records just one IPO in first half 2024, tied lowest among SEA peers

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

MYTHIndo.PHVNSing.Total
IPOs21172521167
Raised*45042724819437201,376
Share of Total33%31%18%14%3%1%100%
Market Cap.*1,5211,7951,2259301361735,780
Share of Total26%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

Get Vietnam news sent straight to your inbox

Latest news...