Last update 08:00 | 19/07/2017 – vietnamnet
VietNamNet Bridge – To fulfill the dream of listing shares on foreign bourses, businesses have to overcome many barriers.
In October 2008, Vinamilk, the nation’s leading dairy producer, received a letter of approval from the Singapore Stock Exchange (SGX-ST) to list 8,763,784 Vinamilk shares on the bourse. However, the listing plan was canceled.
Analysts commented that Vinamilk could not fulfill the listing plan because of vague regulations on the issue.