Due to volatile market conditions, Vietnam internet firm VNG delays $150-million US IPO

VNG, with its headquarters in Ho Chi Minh City, was Vietnam’s first unicorn.

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Online gaming, payments, cloud services, and Zalo, the most well-known messaging app in Vietnam, are among the company’s businesses.

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VNG still intends to execute a New York listing, probably in the first half of 2024.

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