Bloomberg Tech – Goldman-Backed Games Startup Aims for Vietnam’s First IPO Abroad

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.’

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