Private Equity
VNG IPO would follow this month’s U.S. SPAC debut of Vietnamese electric-vehicle maker Vinfast Auto. : Internet startup VNG filed for an initial public offering in the US, making it the first Vietnamese technology company to seek a listing in New York and adding to a diversifying roster of companies planning listings as equity markets thaw. VNG, which plans to offer almost 22 million shares in the IPO, will set a proposed price range in a later filing with the US Securities and Exchange Commission.

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