Six IPOs since early 2026 (DMX, HPA, LPS, HGI, F88 and DVV) have raised more than 21,000 billion VND in total. Điện Máy Xanh (DMX) raised over 13,300 billion VND, and although it did not sell all its shares (subscriptions reached 93% of the offering), its valuation above 100,000 billion VND (about USD 4 billion) makes it one of the most valuable non-financial companies to list since 2018. Unlike the 2017–2018 wave, which was mainly driven by banking, finance, consumer goods and real estate, this round includes retail, infrastructure and agriculture firms. The article also notes that many private conglomerates are listing subsidiaries to reflect the separate value of their business units. Highlands Coffee, CP Vietnam and Bảo tín Mạnh Hải are mentioned as having IPO plans.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Hơn 21.000 tỷ đổ vào các thương vụ IPO: Thêm hàng hóa chất lượng cho thị trường chứng khoán
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 11/03/2026 | 1,699.62 |
| Change that session | -0.65% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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