Vietnam Star Tech Firm VNG Still Plans US IPO, CEO Says

Employees from the game creation team inside the VNG Corp.'s city campus in Ho Chi Minh City, Vietnam.

Photographer: Maika Elan/Bloomberg

Vietnam tech firm VNG Group, which delayed a US initial public offering last year, still plans an American listing at an undetermined time, Chief Executive Officer Kelly Wong said.

“The challenge for us is always going to be timing,” given concerns about the US economy and President Donald Trump’s global tariff policy weighing on investors’ risk appetite, Wong said on the sidelines of the company’s annual shareholders meeting in Ho Chi Minh City.