Vietnam: Vingroup said to weigh US$2bil US IPO of Unit VinFast

The biggest carmaker in Vietnam is working with advisers on the potential offering that could take place as soon as this quarter, the people said. - Bloomberg

HANOI, April 12 (Bloomberg): Vingroup JSC is considering a US initial public offering of its car unit VinFast that could raise about US$2 billion, according to people familiar with the matter.

The biggest carmaker in Vietnam is working with advisers on the potential offering that could take place as soon as this quarter, the people said.