Trung Nguyen Joint Stock Company and G7 Trading and Service Joint Stock Company (G7Mart) will be the first two Vietnamese companies to make initial public offerings on Singapore's stock exchange, said Dang Le Nguyen Vu, director of both companies.
The announcement was made following a recent visit by a delegation of senior Singaporean investors and consultants to HCM City to work with Vietnamese enterprises on preparing a roadmap for listing on Singapore's exchange in the near future.
The Singaporean delegation gave consultancy to Trung Nguyen Joint Stock Company and G7Mart after inspecting their factories, production processes and distribution systems.
"The delegation highly appreciates Vietnamese enterprises, believing that many Vietnamese enterprises are suitable for listing on Singapore's bourse," said Ha Giang, Trung Nguyen's Foreign Relations Chief.
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