Key indicators such as price index, market capitalization, and liquidity have consistently broken records, setting new highs. This dynamism has created a crucial foundation for many businesses to conduct IPOs (initial public offerings) and list on the stock exchange.
According to data from the State Securities Commission, from May 2025, IPO activity became more vibrant across many sectors including banking, real estate, and construction. Notably, the HOSE listing on May 13th of over 1.79 billion shares of Vinpearl Joint Stock Company (code: VPL) – a subsidiary of Vingroup – created a major boost. With a valuation of up to US$6 billion (closing price on May 13th was VND 85,500 per share), this company quickly joined the group of largest capitalized companies on the exchange, adding excitement after a long period without "blockbuster" deals on the market.
Following the general boom, the real estate sector also quickly recorded excitement with the appearance of several promising new companies listing on the stock exchange. For example, on the morning of August 1st, TAL shares of Taseco Land officially debuted on the Ho Chi Minh Stock Exchange (HOSE) with a 20% increase, pushing the company's market capitalization above 9,500 billion VND.
On September 30th, HOSE also approved the listing of nearly 24 million NTC shares of Nam Tan Uyen Industrial Park Joint Stock Company, with a total listing value of nearly 240 billion VND. Previously, the company submitted its listing application in June and it was accepted by HOSE. The move to listing is considered a significant turning point after many years of NTC shares trading on UPCoM.
Recently, on October 1st, CRV Real Estate Group Joint Stock Company - the core legal entity within the Hoang Huy Group ecosystem - announced that it had received approval for listing from the HOSE (Ho Chi Minh Stock Exchange). Accordingly, HOSE agreed to list 672.4 million CRV shares, corresponding to a total par value of VND 6,724 billion.
Experts believe that now is the golden time for businesses to conduct IPOs or issue additional shares. This is because the stock market currently has significant advantages stemming from valuation factors. Raising capital through listing and IPOs brings many practical benefits to businesses.
According to experts, the wave of listings also stems from macroeconomic policies. The government is accelerating the restructuring of state-owned enterprises in the 2022-2025 period, aiming to reduce the number of 100% state-owned enterprises to 195 by 2025 (from 478 at the end of 2022), creating a large number of enterprises that need to be equitized and listed/IPO. At the same time, after a period of stagnation, many private corporations are also seeking to raise equity capital to expand their businesses, instead of relying primarily on debt. The current vibrant stock market environment further encourages these companies to go public.
Source: https://nhandan.vn/ky-vong-moi-cho-dong-von-bat-dong-san-tu-lan-song-niem-yet-moi-post915108.html
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