Not the right time for IPOs, say Vietnam's tech unicorns

Not the right time for IPOs, say Vietnam's tech unicorns

Ho Chi Minh City, Vietnam. Photo by Tron Le on Unsplash

Vietnam’s tech unicorns seem to be in no rush to get listed in the current market environment. At Tech In Asia’s Saigon Summit on Thursday, prominent names such as VNG and VNLIFE emphasised a well-prepared and sustainable path to public listing rather than pursuing an initial public offering (IPO) at any cost.

Edited by: Joymitra Rai