Vietnam National Shipping Lines, better known as Vinalines, is pressing ahead with a planned initial public offering despite concerns over the appetite of potential investors.
The company is hoping to raise VND 4.89trn ($210m) through an IPO that is set to launch on the Hanoi Stock Exchange on 5 September.
The state-owned shipping conglomerate aims to sell a 34.8% stake to investors, bookrunner Saigon Securities said on Wednesday.
