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Only three share auctions have been organised in the Vietnamese stock market so far this year, the lowest number since 2007, according to recent statistics from the Hanoi and Ho Chi Minh Stock Exchanges (HNX and HoSE).
Southern Vietnam’s industrial property market is heating up, helping developers to make a profit and resulting in the prospect of new supplies.
The plans of many firms to list have been slowing down due to unfavourable market and business conditions, and several firms have even made a U-turn on their decision.
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