The favorable trend in the stock market is driving many Vietnamese companies to plan Initial Public Offerings (IPOs). The GEX stock from Gelex Group is expected to grow thanks to its subsidiary’s future listing plans. At Hoang Huy Financial Services Investment JSC (TCH), the CRV subsidiary is expected to list in 2025, enhancing TCH’s cash flow and credibility. In finance, Techcombank’s (TCB) stock has surged due to news of its upcoming IPO for Techcom Securities. VPBank has also seen impressive growth in its VPB stock, with an increase of up to 80% since early July, following the IPO announcement for Q4. VIB stock rose 22% since early July, driven by the capital increase plan from Kafi Securities. Lastly, Vingroup has made a strong mark with its holding model, significantly boosting VIC stocks with the IPOs of subsidiaries like Vinpearl and VinFast. With more IPOs on the horizon, the market is set for a boom.
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