VietJet offers Vietnam government valuable IPO lesson

One week, two contrasting equity share sales. But will the Vietnamese government heed the lessons it needs to build a vibrant stock market and gain coveted MSCI Emerging Market status?

VietJet broke new ground in the Vietnamese equity capital market markets on Thursday when it priced and allocated its $167 million initial public offering at VND84,600 per share, just below the middle of its indicative VND75,900 to VND98,400 price range.

¬ Haymarket Media Limited. All rights reserved.

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