The initial public offering of media company DatViet VAC Group attracted subscriptions exceeding 100 per cent of the shares on offer when it closed on September 7.
DatViet VAC Group Holdings JSC plans to offer 11.15 million shares at VNĐ54,800 (US$2.09) each through an initial public offering to raise VNĐ611 billion ($23.38 million) to fund its core businesses.
DatViet VAC Group Holdings JSC (DatVietVAC) expects business performance to accelerate in the second half of 2026 as major entertainment programmes, concerts and intellectual property (IP) monetisation and commercialisation activities enter their peak period.
Dinh Ba Thanh, chairman and CEO of DatVietVAC, the largest media, entertainment and technology group in Vietnam, has won this year’s ACES Eminent Leaders Award and Asia HRD Movers and Shakers Award.