indochina-capital-seeks-london-listing-for-vietnam-vehicle

Indochina Capital seeks London listing for Vietnam vehicle

Indochina Capital Vietnam Holdings aims to raise at least $325 million, but may increase the offering to $500 million.
February 21, 2007
One might question whether there will ever be a wrong time to launch a Vietnamese investment opportunity, given how ôhotö the country currently is in the eyes of international investors. Still, a new investment company focused on Vietnam to be listed by Indochina Capital Corporation in London on March 2 has timed its public debut well.

Having started marketing this week, the offering comes just weeks after Vietnam entered the World Trade Organisation and at a time when the economy continues to fire on all cylinders - economists are forecasting 8% GDP growth both this year and next. Add to this a wave of expected government privatisations this year, and the limited investment opportunities available,...
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