The planned IPO comes after forecasts of a 70% rise in profits in 2017.
May 30, 2017
‘Communist-led Vietnam may soon have its first technology company go public in the U.S.
VNG Corp., a game developer whose investors include Goldman Sachs Group Inc. and GIC Pte, signed a memorandum of understanding to list on the Nasdaq Stock Market after regulatory approval from the Vietnam government, co-founder and Chief Executive Officer Le Hong Minh said. The process could take 18 to 24 months, he said.’