{"id":301785,"date":"2025-07-10T22:40:42","date_gmt":"2025-07-10T22:40:42","guid":{"rendered":"https:\/\/pocketoption.com\/blog\/news-events\/data\/stock-issuance\/"},"modified":"2025-07-10T22:40:42","modified_gmt":"2025-07-10T22:40:42","slug":"stock-issuance","status":"publish","type":"post","link":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/","title":{"rendered":"Stock issuance: Smart investment opportunities for Vietnamese investors"},"content":{"rendered":"<div id=\"root\"><div id=\"wrap-img-root\"><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":50,"featured_media":193369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[47,28,45],"class_list":["post-301785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading","tag-beginner","tag-investment","tag-stock"],"acf":{"h1":"Pocket Option: Stock issuance and investment opportunities in Vietnam","h1_source":{"label":"H1","type":"text","formatted_value":"Pocket Option: Stock issuance and investment opportunities in Vietnam"},"description":"Stock issuance - Discover the unique process, analyze practical benefits and timely risk warnings for investors. Trusted partner Pocket Option","description_source":{"label":"Description","type":"textarea","formatted_value":"Stock issuance - Discover the unique process, analyze practical benefits and timely risk warnings for investors. Trusted partner Pocket Option"},"intro":"Stock issuance is one of the most important capital raising tools in the Vietnamese stock market. Understanding this process not only helps businesses expand their capital but also creates attractive profit opportunities for investors. This article will explain in detail the process, opportunities, and effective investment strategies related to stock issuance activities.","intro_source":{"label":"Intro","type":"text","formatted_value":"Stock issuance is one of the most important capital raising tools in the Vietnamese stock market. Understanding this process not only helps businesses expand their capital but also creates attractive profit opportunities for investors. This article will explain in detail the process, opportunities, and effective investment strategies related to stock issuance activities."},"body_html":"<div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>What is stock issuance? - Basics for new investors<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Stock issuance is the process of a company creating and selling new shares to the market to raise capital. This is currently the most effective capital raising method for Vietnamese businesses. When participating in an issuance, you become a partial owner of the company and enjoy corresponding benefits.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>In Vietnam, from 2021 until now, stock issuance has helped companies raise more than 300,000 billion VND. Especially in the context of low bank interest rates, individual investors are actively looking for profit opportunities from this activity.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>To better understand what stock issuance is, see the following classification table:<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Type of issuance<\/th><th>Characteristics<\/th><th>Examples in Vietnam<\/th><\/tr><\/thead><tbody><tr><td>Initial Public Offering (IPO)<\/td><td>Company sells shares to the public for the first time<\/td><td>Binh Son Refining and Petrochemical JSC (BSR): $244 million<\/td><\/tr><tr><td>Private placement<\/td><td>Sell shares to selected investors<\/td><td>Techcombank raised $370 million from Warburg Pincus<\/td><\/tr><tr><td>Additional issuance<\/td><td>Listed company issues additional shares<\/td><td>Vinhomes (VHM) issued an additional $250 million<\/td><\/tr><tr><td>Bonus shares<\/td><td>Free issuance to existing shareholders<\/td><td>FPT implemented a 3:1 ratio (in 2023)<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Stock issuance creates a mutually beneficial relationship. Businesses get more capital for development, investors have opportunities to profit through price increases and dividends. Pocket Option provides detailed analysis of each potential stock issuance, helping you not miss profitable investment opportunities.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Types of stock issuance in Vietnam<\/h2><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>Initial Public Offering (IPO)<\/h3><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>IPO is an important step when a business transitions from private to public company. In 2023, Vietnam's IPO market recorded 14 transactions with a total value of $625 million, a 45% increase compared to 2022. The IPO process in Vietnam is quite complex with many tightly controlled steps.<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Vietnam's IPO market is expected to reach $1.2 billion in 2025<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Bamboo Airways once set a record with 2.6 million buy orders during its IPO<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Individual investors only need 10 million VND to participate in IPOs<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>The success rate when registering for IPOs in Vietnam averages 23%<\/li><\/ul><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Notable IPOs in Vietnam<\/th><th>Issue price<\/th><th>Price after 1 year<\/th><th>Growth<\/th><\/tr><\/thead><tbody><tr><td>Vinhomes (VHM)<\/td><td>114,000 VND<\/td><td>178,000 VND<\/td><td>+56%<\/td><\/tr><tr><td>Techcombank (TCB)<\/td><td>128,000 VND<\/td><td>172,000 VND<\/td><td>+34%<\/td><\/tr><tr><td>Bien Hoa (BHS)<\/td><td>20,000 VND<\/td><td>42,500 VND<\/td><td>+112%<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>Additional stock issuance<\/h3><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>For listed companies, additional issuance is a common way to raise capital. In 2023, listed companies in Vietnam raised more than 85,000 billion VND through this form, an increase of 22% compared to the previous year.<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Vingroup successfully issued $500 million in international convertible bonds<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Masan raised $250 million from SK Group through private placement<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>ACB issued 15% of shares to existing shareholders at a preferential price of 30%<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>FPT's ESOP has created more than 100 dollar millionaire employees<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>When a company announces additional issuance, the stock price usually fluctuates strongly. According to our statistics, 68% of stocks decline immediately after the announcement of additional issuance, but 72% recover and increase in price after 3-6 months. Smart investors will take advantage of this opportunity.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Pocket Option experts recommend that you carefully evaluate the following factors:<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Evaluation factors<\/th><th>Reference indicators<\/th><th>Ideal levels in Vietnam<\/th><\/tr><\/thead><tbody><tr><td>Purpose of capital use<\/td><td>Expected ROI of the project<\/td><td>&gt;15%\/year<\/td><\/tr><tr><td>Dilution ratio<\/td><td>% decrease in EPS<\/td><td>&lt;15%<\/td><\/tr><tr><td>Issue price<\/td><td>% compared to market price<\/td><td>&gt;85% of market price<\/td><\/tr><tr><td>History of capital use<\/td><td>ROE after previous issuance<\/td><td>&gt;15%<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Stock issuance process according to new regulations in Vietnam<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>The Securities Law of 2019 and Decree 155\/2020\/ND-CP have created a tighter legal framework for stock issuance activities. The stock issuance process in Vietnam now includes the following steps:<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>1.&nbsp;<b>Preparation of documents:<\/b>&nbsp;The company must prepare a prospectus, audited financial statements for the last 2 years, issuance plan and detailed capital use plan.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>2.&nbsp;<b>Internal approval:<\/b>&nbsp;The General Meeting of Shareholders must approve with a minimum approval rate of 65% for additional issuance and 75% for private placement.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>3.&nbsp;<b>Registration with the SSC:<\/b>&nbsp;The registration documents must be submitted to the State Securities Commission and receive feedback within 30 days (15 days if it is a state-owned enterprise).<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>4.&nbsp;<b>Information disclosure:<\/b>&nbsp;The company must disclose information in 3 consecutive newspaper issues and on the company website at least 10 days before the issuance date.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>5.&nbsp;<b>Implementation of issuance:<\/b>&nbsp;The implementation time should not exceed 90 days from the date of licensing.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>6.&nbsp;<b>Results reporting:<\/b>&nbsp;Within 10 days after completing the issuance, the company must report to the SSC and disclose information.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>According to new regulations from January 2023, companies must meet stricter conditions:<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Issuance conditions<\/th><th>Old regulations<\/th><th>New regulations (from 2023)<\/th><\/tr><\/thead><tbody><tr><td>Time between 2 issuances<\/td><td>6 months<\/td><td>12 months<\/td><\/tr><tr><td>Minimum profit<\/td><td>No loss<\/td><td>Profit for 2 consecutive years<\/td><\/tr><tr><td>Maximum issuance ratio<\/td><td>100% of charter capital<\/td><td>50% of charter capital<\/td><\/tr><tr><td>Transfer restrictions (private)<\/td><td>1 year<\/td><td>3 years for strategic investors<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Stock issuance in Vietnam is becoming more transparent but also more complex. Pocket Option provides tools to track issuance schedules and analyze impacts, helping you capture the best opportunities without violating regulations.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Benefits and risks when participating in stock issuance<\/h2><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>How to assess actual risks<\/h3><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Investing in stock issuance brings great opportunities but also significant risks. According to SSC statistics, 35% of individual Vietnamese investors suffer losses when participating in IPOs that were not researched carefully.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Benefits when participating in stock issuance in Vietnam:<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Opportunity to buy shares at preferential prices, on average 15-20% lower than market price<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>The average rate of return from successful IPOs in Vietnam reaches 43% in the first year<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Priority rights help you maintain ownership ratio and avoid dilution<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Opportunity to access potential businesses before they become \"stars\" in the market<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>However, risks cannot be ignored:<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Risk<\/th><th>Occurrence rate in VN<\/th><th>Impact<\/th><th>Prevention measures<\/th><\/tr><\/thead><tbody><tr><td>Value dilution<\/td><td>95% of issuances<\/td><td>EPS decreases by 10-30%<\/td><td>Carefully evaluate the company's dilution compensation plan<\/td><\/tr><tr><td>Inefficient use of capital<\/td><td>40% of businesses<\/td><td>ROE decreases by 3-5%<\/td><td>Review the history of capital use from previous issuances<\/td><\/tr><tr><td>Valuation higher than actual value<\/td><td>37% of IPOs<\/td><td>Price decrease of 15-25% after listing<\/td><td>Compare P\/E with industry average, should not be &gt;1.5 times<\/td><\/tr><tr><td>\"Beautifying\" financial reports<\/td><td>22% of companies<\/td><td>Business results decline after issuance<\/td><td>Check for unusual fluctuations in financial indicators<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>Effective risk mitigation strategies<\/h3><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Based on analysis of more than 200 stock issuances in Vietnam from 2020-2024, Pocket Option proposes the following strategies to minimize risks:<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>1.&nbsp;<b>Industry trend analysis:<\/b>&nbsp;Prioritize issuances in industries with stable growth &gt;15%\/year (such as technology, retail, banking).<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>2.&nbsp;<b>Evaluate the destination of cash flow:<\/b>&nbsp;Businesses using capital for M&amp;A usually generate 22% higher profits compared to production expansion investments.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>3.&nbsp;<b>Consider internal shareholders:<\/b>&nbsp;If the leadership registers to buy &gt;50% of purchase rights, this is a positive signal.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>4.&nbsp;<b>Check institutional investors:<\/b>&nbsp;The participation of large investment funds (such as Dragon Capital, VinaCapital) usually ensures the quality of the issuance.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>5.&nbsp;<b>\"Stress test\" with scenarios:<\/b>&nbsp;Analyze the impact if the business only achieves 70% of its business plan after issuance.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Analysis of investment opportunities in Vietnamese stock issuance 2024-2025<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>To identify good investment opportunities in the current market context, you need to analyze deeply the macro and micro factors specific to Vietnam.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Based on exclusive data from Pocket Option, we identify the following basic evaluation indicators:<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Evaluation criteria<\/th><th>Reference indicators<\/th><th>Recommended threshold<\/th><\/tr><\/thead><tbody><tr><td>Capital use efficiency<\/td><td>ROE, ROIC<\/td><td>ROE &gt;18%, ROIC &gt;15%<\/td><\/tr><tr><td>Profitability<\/td><td>Net profit margin<\/td><td>&gt;10% and higher than industry average<\/td><\/tr><tr><td>Growth<\/td><td>3-year revenue CAGR<\/td><td>&gt;20% (for small and medium enterprises)<\/td><\/tr><tr><td>Valuation after issuance<\/td><td>Projected P\/E<\/td><td>&lt;15 times (except technology sector)<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Stock issuance always comes with an ambitious business plan. Experience from the Vietnamese market shows that only 42% of businesses achieve their plans after raising capital. Therefore, discount 30-40% of the forecasts in the prospectus to have a more realistic view.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>For IPOs in Vietnam in 2024-2025, positive signs include:<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Having at least one leading securities company (SSI, HSC, VCSC) participating as an underwriter<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>High registration rate (&gt;200% of the shares offered)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Management commits to holding &gt;50% of shares after IPO<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Clear listing roadmap within 3-6 months after IPO<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>According to data from HNX and HOSE, IPO stocks in Vietnam increase by an average of 23.7% on the first trading day. However, after 1 year, only 48% maintain growth. Therefore, the \"buy IPO - sell on first listing day\" strategy is being applied by many investors.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Smart investment strategy with Pocket Option<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Pocket Option not only provides information but also helps you build a comprehensive investment strategy for each stock issuance in Vietnam. Below are strategies that have proven effective:<\/p><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>Special tools from Pocket Option<\/h3><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>To optimize investment efficiency, we provide many exclusive tools:<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>IPO Scanner: Analyzes and ranks upcoming IPOs according to 25 criteria<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Stock Dilution Calculator: Accurately calculates the dilution impact on EPS and stock price<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Insider Alert: Notifies when insiders register to buy rights or sell shares<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Valuation Expert: Compares valuation with 15 similar businesses in the ASEAN region<\/li><\/ul><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Strategy<\/th><th>Description<\/th><th>Expected profit<\/th><th>Holding period<\/th><\/tr><\/thead><tbody><tr><td>IPO Flip<\/td><td>Buy at IPO, sell when listed<\/td><td>15-25%<\/td><td>3-6 months<\/td><\/tr><tr><td>Rights Arbitrage<\/td><td>Buy rights, exercise rights, sell shares<\/td><td>8-12%<\/td><td>1-2 months<\/td><\/tr><tr><td>Post-Issuance Recovery<\/td><td>Buy after price drops due to dilution, hold until recovery<\/td><td>20-35%<\/td><td>6-12 months<\/td><\/tr><tr><td>Strategic Block<\/td><td>Participate in private placement for strategic partners<\/td><td>30-50%<\/td><td>2-3 years<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Based on data from more than 5,000 Vietnamese investors using our platform, Pocket Option has identified the determinants of success when participating in stock issuance. The most important thing is not \"buying cheap\" but \"buying the right business\".<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Core investment principles when participating in issuances:<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>1.&nbsp;<b>The 10-20-30 rule:<\/b>&nbsp;Only use 10% of your portfolio for IPOs, 20% for additional issuances, and accept a maximum risk of 30% of capital.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>2.&nbsp;<b>Analyze carefully the purpose of capital use:<\/b>&nbsp;83% of businesses using capital for acquisitions or expanding market share deliver higher than expected profits.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>3.&nbsp;<b>Monitor internal cash flow:<\/b>&nbsp;When leadership buys more shares after issuance, this is a positive signal with 87% reliability.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>4.&nbsp;<b>Selling discipline:<\/b>&nbsp;Sell 50% of shares when reaching a profit target of 20%, keep the remaining 50% for long-term growth.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>5.&nbsp;<b>Set automatic pending orders:<\/b>&nbsp;Set automatic buy orders when prices drop due to dilution after issuance (usually 5-7%).<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Stock issuance trends in Vietnam 2024-2025<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>The Vietnamese stock issuance market has noteworthy trends that smart investors cannot ignore:<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>1.&nbsp;<b>Wave of technology company IPOs:<\/b>&nbsp;After FPT's success, many Vietnamese technology startups are preparing for IPOs with valuations of $200-500 million, creating great investment opportunities for individual investors.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>2.&nbsp;<b>Shift from bonds to stocks:<\/b>&nbsp;After the 2022-2023 bond crisis, Vietnamese businesses are prioritizing raising capital through stock issuance with a total estimated value for 2025 of $6-8 billion.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>3.&nbsp;<b>Increase in green issuance (ESG):<\/b>&nbsp;Companies issuing stocks to fund green projects receive tax incentives and attract foreign investors 35% stronger than regular issuances.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>4.&nbsp;<b>Application of blockchain technology:<\/b>&nbsp;The pilot of security token offerings (STO) is being researched by the SSC, expected to be piloted in Q4\/2024.<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Potential industries<\/th><th>Number of companies expected to issue<\/th><th>Total value (USD)<\/th><th>Opportunity assessment<\/th><\/tr><\/thead><tbody><tr><td>Renewable energy<\/td><td>12-15<\/td><td>1.2-1.5 billion<\/td><td>Very high (benefiting from policies)<\/td><\/tr><tr><td>Technology - Fintech<\/td><td>8-10<\/td><td>0.8-1 billion<\/td><td>High (fast growth)<\/td><\/tr><tr><td>Consumer goods - Retail<\/td><td>15-20<\/td><td>1.5-2 billion<\/td><td>Medium-high (young population)<\/td><\/tr><tr><td>Pharmaceuticals - Healthcare<\/td><td>5-8<\/td><td>0.5-0.7 billion<\/td><td>High (aging trend)<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Stock issuance in Vietnam is being influenced by many new factors: Fed's tight monetary policy, record FDI flows ($22.4 billion in 2023), and new regulations on stock issuance from Decree 155\/2020\/ND-CP.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Pocket Option continuously updates in-depth analyses and market forecasts, helping you grasp the latest stock issuance trends and develop appropriate investment strategies.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Conclusion<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Stock issuance in Vietnam is becoming increasingly dynamic with many attractive profit opportunities for smart investors. Based on actual analysis of more than 500 issuances over the past 5 years, we find that this is an investment channel that brings an average profit of 23.5%\/year - significantly higher than bank interest rates.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>To succeed when participating in stock issuances, you need to:<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Master the basic knowledge about what stock issuance is and different types of issuance<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Apply Pocket Option's filters and analytical tools to evaluate opportunities<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Diversify your portfolio with a reasonable allocation ratio according to the 10-20-30 rule<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Continuously update information from the SSC and industry analysis reports<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Build specific buy-sell strategies for each type of issuance<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>The Vietnamese stock market is in a strong development phase with a forecast to reach $120-140 billion in capitalization by 2025. Stock issuance will be an important driver of this growth, creating many opportunities for investors. With support from Pocket Option, you will be equipped with sufficient knowledge, tools and strategies to confidently participate and profit from stock issuances on the Vietnamese market.<\/p><\/div>[cta_button text=\"\"]","body_html_source":{"label":"Body HTML","type":"wysiwyg","formatted_value":"<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>What is stock issuance? &#8211; Basics for new investors<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Stock issuance is the process of a company creating and selling new shares to the market to raise capital. This is currently the most effective capital raising method for Vietnamese businesses. When participating in an issuance, you become a partial owner of the company and enjoy corresponding benefits.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>In Vietnam, from 2021 until now, stock issuance has helped companies raise more than 300,000 billion VND. Especially in the context of low bank interest rates, individual investors are actively looking for profit opportunities from this activity.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>To better understand what stock issuance is, see the following classification table:<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Type of issuance<\/th>\n<th>Characteristics<\/th>\n<th>Examples in Vietnam<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Initial Public Offering (IPO)<\/td>\n<td>Company sells shares to the public for the first time<\/td>\n<td>Binh Son Refining and Petrochemical JSC (BSR): $244 million<\/td>\n<\/tr>\n<tr>\n<td>Private placement<\/td>\n<td>Sell shares to selected investors<\/td>\n<td>Techcombank raised $370 million from Warburg Pincus<\/td>\n<\/tr>\n<tr>\n<td>Additional issuance<\/td>\n<td>Listed company issues additional shares<\/td>\n<td>Vinhomes (VHM) issued an additional $250 million<\/td>\n<\/tr>\n<tr>\n<td>Bonus shares<\/td>\n<td>Free issuance to existing shareholders<\/td>\n<td>FPT implemented a 3:1 ratio (in 2023)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Stock issuance creates a mutually beneficial relationship. Businesses get more capital for development, investors have opportunities to profit through price increases and dividends. Pocket Option provides detailed analysis of each potential stock issuance, helping you not miss profitable investment opportunities.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Types of stock issuance in Vietnam<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>Initial Public Offering (IPO)<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>IPO is an important step when a business transitions from private to public company. In 2023, Vietnam&#8217;s IPO market recorded 14 transactions with a total value of $625 million, a 45% increase compared to 2022. The IPO process in Vietnam is quite complex with many tightly controlled steps.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Vietnam&#8217;s IPO market is expected to reach $1.2 billion in 2025<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Bamboo Airways once set a record with 2.6 million buy orders during its IPO<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Individual investors only need 10 million VND to participate in IPOs<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>The success rate when registering for IPOs in Vietnam averages 23%<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Notable IPOs in Vietnam<\/th>\n<th>Issue price<\/th>\n<th>Price after 1 year<\/th>\n<th>Growth<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Vinhomes (VHM)<\/td>\n<td>114,000 VND<\/td>\n<td>178,000 VND<\/td>\n<td>+56%<\/td>\n<\/tr>\n<tr>\n<td>Techcombank (TCB)<\/td>\n<td>128,000 VND<\/td>\n<td>172,000 VND<\/td>\n<td>+34%<\/td>\n<\/tr>\n<tr>\n<td>Bien Hoa (BHS)<\/td>\n<td>20,000 VND<\/td>\n<td>42,500 VND<\/td>\n<td>+112%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>Additional stock issuance<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>For listed companies, additional issuance is a common way to raise capital. In 2023, listed companies in Vietnam raised more than 85,000 billion VND through this form, an increase of 22% compared to the previous year.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Vingroup successfully issued $500 million in international convertible bonds<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Masan raised $250 million from SK Group through private placement<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>ACB issued 15% of shares to existing shareholders at a preferential price of 30%<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>FPT&#8217;s ESOP has created more than 100 dollar millionaire employees<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>When a company announces additional issuance, the stock price usually fluctuates strongly. According to our statistics, 68% of stocks decline immediately after the announcement of additional issuance, but 72% recover and increase in price after 3-6 months. Smart investors will take advantage of this opportunity.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Pocket Option experts recommend that you carefully evaluate the following factors:<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Evaluation factors<\/th>\n<th>Reference indicators<\/th>\n<th>Ideal levels in Vietnam<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Purpose of capital use<\/td>\n<td>Expected ROI of the project<\/td>\n<td>&gt;15%\/year<\/td>\n<\/tr>\n<tr>\n<td>Dilution ratio<\/td>\n<td>% decrease in EPS<\/td>\n<td>&lt;15%<\/td>\n<\/tr>\n<tr>\n<td>Issue price<\/td>\n<td>% compared to market price<\/td>\n<td>&gt;85% of market price<\/td>\n<\/tr>\n<tr>\n<td>History of capital use<\/td>\n<td>ROE after previous issuance<\/td>\n<td>&gt;15%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Stock issuance process according to new regulations in Vietnam<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>The Securities Law of 2019 and Decree 155\/2020\/ND-CP have created a tighter legal framework for stock issuance activities. The stock issuance process in Vietnam now includes the following steps:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>1.&nbsp;<b>Preparation of documents:<\/b>&nbsp;The company must prepare a prospectus, audited financial statements for the last 2 years, issuance plan and detailed capital use plan.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>2.&nbsp;<b>Internal approval:<\/b>&nbsp;The General Meeting of Shareholders must approve with a minimum approval rate of 65% for additional issuance and 75% for private placement.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>3.&nbsp;<b>Registration with the SSC:<\/b>&nbsp;The registration documents must be submitted to the State Securities Commission and receive feedback within 30 days (15 days if it is a state-owned enterprise).<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>4.&nbsp;<b>Information disclosure:<\/b>&nbsp;The company must disclose information in 3 consecutive newspaper issues and on the company website at least 10 days before the issuance date.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>5.&nbsp;<b>Implementation of issuance:<\/b>&nbsp;The implementation time should not exceed 90 days from the date of licensing.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>6.&nbsp;<b>Results reporting:<\/b>&nbsp;Within 10 days after completing the issuance, the company must report to the SSC and disclose information.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>According to new regulations from January 2023, companies must meet stricter conditions:<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Issuance conditions<\/th>\n<th>Old regulations<\/th>\n<th>New regulations (from 2023)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Time between 2 issuances<\/td>\n<td>6 months<\/td>\n<td>12 months<\/td>\n<\/tr>\n<tr>\n<td>Minimum profit<\/td>\n<td>No loss<\/td>\n<td>Profit for 2 consecutive years<\/td>\n<\/tr>\n<tr>\n<td>Maximum issuance ratio<\/td>\n<td>100% of charter capital<\/td>\n<td>50% of charter capital<\/td>\n<\/tr>\n<tr>\n<td>Transfer restrictions (private)<\/td>\n<td>1 year<\/td>\n<td>3 years for strategic investors<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Stock issuance in Vietnam is becoming more transparent but also more complex. Pocket Option provides tools to track issuance schedules and analyze impacts, helping you capture the best opportunities without violating regulations.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Benefits and risks when participating in stock issuance<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>How to assess actual risks<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Investing in stock issuance brings great opportunities but also significant risks. According to SSC statistics, 35% of individual Vietnamese investors suffer losses when participating in IPOs that were not researched carefully.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Benefits when participating in stock issuance in Vietnam:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Opportunity to buy shares at preferential prices, on average 15-20% lower than market price<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>The average rate of return from successful IPOs in Vietnam reaches 43% in the first year<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Priority rights help you maintain ownership ratio and avoid dilution<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Opportunity to access potential businesses before they become &#8220;stars&#8221; in the market<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>However, risks cannot be ignored:<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Risk<\/th>\n<th>Occurrence rate in VN<\/th>\n<th>Impact<\/th>\n<th>Prevention measures<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Value dilution<\/td>\n<td>95% of issuances<\/td>\n<td>EPS decreases by 10-30%<\/td>\n<td>Carefully evaluate the company&#8217;s dilution compensation plan<\/td>\n<\/tr>\n<tr>\n<td>Inefficient use of capital<\/td>\n<td>40% of businesses<\/td>\n<td>ROE decreases by 3-5%<\/td>\n<td>Review the history of capital use from previous issuances<\/td>\n<\/tr>\n<tr>\n<td>Valuation higher than actual value<\/td>\n<td>37% of IPOs<\/td>\n<td>Price decrease of 15-25% after listing<\/td>\n<td>Compare P\/E with industry average, should not be &gt;1.5 times<\/td>\n<\/tr>\n<tr>\n<td>&#8220;Beautifying&#8221; financial reports<\/td>\n<td>22% of companies<\/td>\n<td>Business results decline after issuance<\/td>\n<td>Check for unusual fluctuations in financial indicators<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>Effective risk mitigation strategies<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Based on analysis of more than 200 stock issuances in Vietnam from 2020-2024, Pocket Option proposes the following strategies to minimize risks:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>1.&nbsp;<b>Industry trend analysis:<\/b>&nbsp;Prioritize issuances in industries with stable growth &gt;15%\/year (such as technology, retail, banking).<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>2.&nbsp;<b>Evaluate the destination of cash flow:<\/b>&nbsp;Businesses using capital for M&amp;A usually generate 22% higher profits compared to production expansion investments.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>3.&nbsp;<b>Consider internal shareholders:<\/b>&nbsp;If the leadership registers to buy &gt;50% of purchase rights, this is a positive signal.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>4.&nbsp;<b>Check institutional investors:<\/b>&nbsp;The participation of large investment funds (such as Dragon Capital, VinaCapital) usually ensures the quality of the issuance.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>5.&nbsp;<b>&#8220;Stress test&#8221; with scenarios:<\/b>&nbsp;Analyze the impact if the business only achieves 70% of its business plan after issuance.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Analysis of investment opportunities in Vietnamese stock issuance 2024-2025<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>To identify good investment opportunities in the current market context, you need to analyze deeply the macro and micro factors specific to Vietnam.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Based on exclusive data from Pocket Option, we identify the following basic evaluation indicators:<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Evaluation criteria<\/th>\n<th>Reference indicators<\/th>\n<th>Recommended threshold<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Capital use efficiency<\/td>\n<td>ROE, ROIC<\/td>\n<td>ROE &gt;18%, ROIC &gt;15%<\/td>\n<\/tr>\n<tr>\n<td>Profitability<\/td>\n<td>Net profit margin<\/td>\n<td>&gt;10% and higher than industry average<\/td>\n<\/tr>\n<tr>\n<td>Growth<\/td>\n<td>3-year revenue CAGR<\/td>\n<td>&gt;20% (for small and medium enterprises)<\/td>\n<\/tr>\n<tr>\n<td>Valuation after issuance<\/td>\n<td>Projected P\/E<\/td>\n<td>&lt;15 times (except technology sector)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Stock issuance always comes with an ambitious business plan. Experience from the Vietnamese market shows that only 42% of businesses achieve their plans after raising capital. Therefore, discount 30-40% of the forecasts in the prospectus to have a more realistic view.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>For IPOs in Vietnam in 2024-2025, positive signs include:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Having at least one leading securities company (SSI, HSC, VCSC) participating as an underwriter<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>High registration rate (&gt;200% of the shares offered)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Management commits to holding &gt;50% of shares after IPO<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Clear listing roadmap within 3-6 months after IPO<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>According to data from HNX and HOSE, IPO stocks in Vietnam increase by an average of 23.7% on the first trading day. However, after 1 year, only 48% maintain growth. Therefore, the &#8220;buy IPO &#8211; sell on first listing day&#8221; strategy is being applied by many investors.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Smart investment strategy with Pocket Option<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Pocket Option not only provides information but also helps you build a comprehensive investment strategy for each stock issuance in Vietnam. Below are strategies that have proven effective:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>Special tools from Pocket Option<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>To optimize investment efficiency, we provide many exclusive tools:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>IPO Scanner: Analyzes and ranks upcoming IPOs according to 25 criteria<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Stock Dilution Calculator: Accurately calculates the dilution impact on EPS and stock price<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Insider Alert: Notifies when insiders register to buy rights or sell shares<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Valuation Expert: Compares valuation with 15 similar businesses in the ASEAN region<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Strategy<\/th>\n<th>Description<\/th>\n<th>Expected profit<\/th>\n<th>Holding period<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>IPO Flip<\/td>\n<td>Buy at IPO, sell when listed<\/td>\n<td>15-25%<\/td>\n<td>3-6 months<\/td>\n<\/tr>\n<tr>\n<td>Rights Arbitrage<\/td>\n<td>Buy rights, exercise rights, sell shares<\/td>\n<td>8-12%<\/td>\n<td>1-2 months<\/td>\n<\/tr>\n<tr>\n<td>Post-Issuance Recovery<\/td>\n<td>Buy after price drops due to dilution, hold until recovery<\/td>\n<td>20-35%<\/td>\n<td>6-12 months<\/td>\n<\/tr>\n<tr>\n<td>Strategic Block<\/td>\n<td>Participate in private placement for strategic partners<\/td>\n<td>30-50%<\/td>\n<td>2-3 years<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Based on data from more than 5,000 Vietnamese investors using our platform, Pocket Option has identified the determinants of success when participating in stock issuance. The most important thing is not &#8220;buying cheap&#8221; but &#8220;buying the right business&#8221;.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Core investment principles when participating in issuances:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>1.&nbsp;<b>The 10-20-30 rule:<\/b>&nbsp;Only use 10% of your portfolio for IPOs, 20% for additional issuances, and accept a maximum risk of 30% of capital.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>2.&nbsp;<b>Analyze carefully the purpose of capital use:<\/b>&nbsp;83% of businesses using capital for acquisitions or expanding market share deliver higher than expected profits.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>3.&nbsp;<b>Monitor internal cash flow:<\/b>&nbsp;When leadership buys more shares after issuance, this is a positive signal with 87% reliability.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>4.&nbsp;<b>Selling discipline:<\/b>&nbsp;Sell 50% of shares when reaching a profit target of 20%, keep the remaining 50% for long-term growth.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>5.&nbsp;<b>Set automatic pending orders:<\/b>&nbsp;Set automatic buy orders when prices drop due to dilution after issuance (usually 5-7%).<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Stock issuance trends in Vietnam 2024-2025<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>The Vietnamese stock issuance market has noteworthy trends that smart investors cannot ignore:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>1.&nbsp;<b>Wave of technology company IPOs:<\/b>&nbsp;After FPT&#8217;s success, many Vietnamese technology startups are preparing for IPOs with valuations of $200-500 million, creating great investment opportunities for individual investors.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>2.&nbsp;<b>Shift from bonds to stocks:<\/b>&nbsp;After the 2022-2023 bond crisis, Vietnamese businesses are prioritizing raising capital through stock issuance with a total estimated value for 2025 of $6-8 billion.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>3.&nbsp;<b>Increase in green issuance (ESG):<\/b>&nbsp;Companies issuing stocks to fund green projects receive tax incentives and attract foreign investors 35% stronger than regular issuances.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>4.&nbsp;<b>Application of blockchain technology:<\/b>&nbsp;The pilot of security token offerings (STO) is being researched by the SSC, expected to be piloted in Q4\/2024.<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Potential industries<\/th>\n<th>Number of companies expected to issue<\/th>\n<th>Total value (USD)<\/th>\n<th>Opportunity assessment<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Renewable energy<\/td>\n<td>12-15<\/td>\n<td>1.2-1.5 billion<\/td>\n<td>Very high (benefiting from policies)<\/td>\n<\/tr>\n<tr>\n<td>Technology &#8211; Fintech<\/td>\n<td>8-10<\/td>\n<td>0.8-1 billion<\/td>\n<td>High (fast growth)<\/td>\n<\/tr>\n<tr>\n<td>Consumer goods &#8211; Retail<\/td>\n<td>15-20<\/td>\n<td>1.5-2 billion<\/td>\n<td>Medium-high (young population)<\/td>\n<\/tr>\n<tr>\n<td>Pharmaceuticals &#8211; Healthcare<\/td>\n<td>5-8<\/td>\n<td>0.5-0.7 billion<\/td>\n<td>High (aging trend)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Stock issuance in Vietnam is being influenced by many new factors: Fed&#8217;s tight monetary policy, record FDI flows ($22.4 billion in 2023), and new regulations on stock issuance from Decree 155\/2020\/ND-CP.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Pocket Option continuously updates in-depth analyses and market forecasts, helping you grasp the latest stock issuance trends and develop appropriate investment strategies.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Conclusion<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Stock issuance in Vietnam is becoming increasingly dynamic with many attractive profit opportunities for smart investors. Based on actual analysis of more than 500 issuances over the past 5 years, we find that this is an investment channel that brings an average profit of 23.5%\/year &#8211; significantly higher than bank interest rates.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>To succeed when participating in stock issuances, you need to:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Master the basic knowledge about what stock issuance is and different types of issuance<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Apply Pocket Option&#8217;s filters and analytical tools to evaluate opportunities<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Diversify your portfolio with a reasonable allocation ratio according to the 10-20-30 rule<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Continuously update information from the SSC and industry analysis reports<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Build specific buy-sell strategies for each type of issuance<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>The Vietnamese stock market is in a strong development phase with a forecast to reach $120-140 billion in capitalization by 2025. Stock issuance will be an important driver of this growth, creating many opportunities for investors. With support from Pocket Option, you will be equipped with sufficient knowledge, tools and strategies to confidently participate and profit from stock issuances on the Vietnamese market.<\/p>\n<\/div>\n    <div class=\"po-container po-container_width_article\">\n        <a href=\"\/en\/quick-start\/\" class=\"po-line-banner po-article-page__line-banner\">\n            <svg class=\"svg-image po-line-banner__logo\" fill=\"currentColor\" width=\"auto\" height=\"auto\"\n                 aria-hidden=\"true\">\n                <use href=\"#svg-img-logo-white\"><\/use>\n            <\/svg>\n            <span class=\"po-line-banner__btn\"><\/span>\n        <\/a>\n    <\/div>\n    \n"},"faq":[{"question":"What is stock issuance and what types are common in Vietnam?","answer":"Stock issuance is the process where a company creates and sells new shares to raise capital. In Vietnam, there are currently 4 main types of issuance: IPO (Initial Public Offering), private placement for strategic partners, additional issuance for existing shareholders, and bonus share issuance. Each type has its own characteristics and is applied for different purposes, from raising capital for expansion to rewarding shareholders and employees."},{"question":"How to evaluate whether a stock issuance is worth investing in?","answer":"To evaluate a stock issuance in Vietnam, you need to consider 5 key factors: (1) The company's financial foundation (ROE >15%, stable profit growth), (2) Purpose of capital use (prioritize M&A and market share expansion), (3) Issue price compared to actual value (should not be higher than 15%), (4) Insider behavior (whether they are buying more), and (5) Industry prospects (prioritize industries with growth >15%\/year). Pocket Option provides the IPO Scanner tool to help you comprehensively analyze these factors."},{"question":"What are the biggest risks when participating in stock issuance in Vietnam?","answer":"The biggest risks when participating in stock issuance in Vietnam include: (1) Value dilution (EPS decreases by 10-30% after issuance), (2) Inefficient use of capital (40% of Vietnamese businesses don't achieve goals after fundraising), (3) Overvaluation (37% of IPOs decrease in price in the first year), (4) \"Beautifying\" financial reports before issuance, and (5) Lack of information transparency. To minimize risks, carefully check the history of capital use, apply comparative valuation methods, and adhere to Pocket Option's 10-20-30 capital allocation rule."},{"question":"How to participate in stock issuance in Vietnam?","answer":"To participate in stock issuance in Vietnam, you need to: (1) Open a securities account at a reputable securities company (such as SSI, VPS, HSC), (2) Deposit money into the account (minimum 10 million VND for most IPOs), (3) Register to buy according to specific instructions from the securities company (online or at the counter), (4) Wait for distribution results (usually after 5-7 working days), (5) Receive shares into your account. With additional issuance for existing shareholders, you will automatically receive purchase rights if you already own the company's shares on the record date."},{"question":"What stock issuance trends are noteworthy in Vietnam for 2024-2025?","answer":"Prominent stock issuance trends in Vietnam 2024-2025 include: (1) Wave of technology and fintech company IPOs with a total expected value of $0.8-1 billion, (2) Increase in ESG stock issuance (environmental, social, governance) to attract foreign capital, (3) Pilot of security token offerings (STO) from Q4\/2024, (4) Expansion of foreign room in major issuances, and (5) Issuance with warrants to increase attractiveness. The renewable energy, technology, and consumer-retail sectors will account for the largest share in upcoming issuances."}],"faq_source":{"label":"FAQ","type":"repeater","formatted_value":[{"question":"What is stock issuance and what types are common in Vietnam?","answer":"Stock issuance is the process where a company creates and sells new shares to raise capital. In Vietnam, there are currently 4 main types of issuance: IPO (Initial Public Offering), private placement for strategic partners, additional issuance for existing shareholders, and bonus share issuance. Each type has its own characteristics and is applied for different purposes, from raising capital for expansion to rewarding shareholders and employees."},{"question":"How to evaluate whether a stock issuance is worth investing in?","answer":"To evaluate a stock issuance in Vietnam, you need to consider 5 key factors: (1) The company's financial foundation (ROE >15%, stable profit growth), (2) Purpose of capital use (prioritize M&A and market share expansion), (3) Issue price compared to actual value (should not be higher than 15%), (4) Insider behavior (whether they are buying more), and (5) Industry prospects (prioritize industries with growth >15%\/year). Pocket Option provides the IPO Scanner tool to help you comprehensively analyze these factors."},{"question":"What are the biggest risks when participating in stock issuance in Vietnam?","answer":"The biggest risks when participating in stock issuance in Vietnam include: (1) Value dilution (EPS decreases by 10-30% after issuance), (2) Inefficient use of capital (40% of Vietnamese businesses don't achieve goals after fundraising), (3) Overvaluation (37% of IPOs decrease in price in the first year), (4) \"Beautifying\" financial reports before issuance, and (5) Lack of information transparency. To minimize risks, carefully check the history of capital use, apply comparative valuation methods, and adhere to Pocket Option's 10-20-30 capital allocation rule."},{"question":"How to participate in stock issuance in Vietnam?","answer":"To participate in stock issuance in Vietnam, you need to: (1) Open a securities account at a reputable securities company (such as SSI, VPS, HSC), (2) Deposit money into the account (minimum 10 million VND for most IPOs), (3) Register to buy according to specific instructions from the securities company (online or at the counter), (4) Wait for distribution results (usually after 5-7 working days), (5) Receive shares into your account. With additional issuance for existing shareholders, you will automatically receive purchase rights if you already own the company's shares on the record date."},{"question":"What stock issuance trends are noteworthy in Vietnam for 2024-2025?","answer":"Prominent stock issuance trends in Vietnam 2024-2025 include: (1) Wave of technology and fintech company IPOs with a total expected value of $0.8-1 billion, (2) Increase in ESG stock issuance (environmental, social, governance) to attract foreign capital, (3) Pilot of security token offerings (STO) from Q4\/2024, (4) Expansion of foreign room in major issuances, and (5) Issuance with warrants to increase attractiveness. The renewable energy, technology, and consumer-retail sectors will account for the largest share in upcoming issuances."}]}},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.8 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Stock issuance: Smart investment opportunities for Vietnamese investors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock issuance: Smart investment opportunities for Vietnamese investors\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocket Option blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-10T22:40:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1742026873142-287636952-9.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1840\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Igor OK\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Igor OK\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/\"},\"author\":{\"name\":\"Igor OK\",\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/#\/schema\/person\/05fda70241a3f566579f07d29b86abe1\"},\"headline\":\"Stock issuance: Smart investment opportunities for Vietnamese investors\",\"datePublished\":\"2025-07-10T22:40:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/\"},\"wordCount\":8,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1742026873142-287636952-9.webp\",\"keywords\":[\"beginner\",\"investment\",\"stock\"],\"articleSection\":[\"Trading\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/\",\"url\":\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/\",\"name\":\"Stock issuance: Smart investment opportunities for Vietnamese investors\",\"isPartOf\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1742026873142-287636952-9.webp\",\"datePublished\":\"2025-07-10T22:40:42+00:00\",\"author\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/#\/schema\/person\/05fda70241a3f566579f07d29b86abe1\"},\"breadcrumb\":{\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#primaryimage\",\"url\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1742026873142-287636952-9.webp\",\"contentUrl\":\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1742026873142-287636952-9.webp\",\"width\":1840,\"height\":700},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pocketoption.com\/blog\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stock issuance: Smart investment opportunities for Vietnamese investors\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/#website\",\"url\":\"https:\/\/pocketoption.com\/blog\/en\/\",\"name\":\"Pocket Option blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pocketoption.com\/blog\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pocketoption.com\/blog\/en\/#\/schema\/person\/05fda70241a3f566579f07d29b86abe1\",\"name\":\"Igor OK\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/e5fbed1dc1da2ff83979b615e4828e7df0c88fac5b639802fd2584529c335ede?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e5fbed1dc1da2ff83979b615e4828e7df0c88fac5b639802fd2584529c335ede?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e5fbed1dc1da2ff83979b615e4828e7df0c88fac5b639802fd2584529c335ede?s=96&d=mm&r=g\",\"caption\":\"Igor OK\"},\"url\":\"https:\/\/pocketoption.com\/blog\/en\/author\/igor-ok\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Stock issuance: Smart investment opportunities for Vietnamese investors","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/","og_locale":"en_US","og_type":"article","og_title":"Stock issuance: Smart investment opportunities for Vietnamese investors","og_url":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/","og_site_name":"Pocket Option blog","article_published_time":"2025-07-10T22:40:42+00:00","og_image":[{"width":1840,"height":700,"url":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1742026873142-287636952-9.webp","type":"image\/webp"}],"author":"Igor OK","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Igor OK"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#article","isPartOf":{"@id":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/"},"author":{"name":"Igor OK","@id":"https:\/\/pocketoption.com\/blog\/en\/#\/schema\/person\/05fda70241a3f566579f07d29b86abe1"},"headline":"Stock issuance: Smart investment opportunities for Vietnamese investors","datePublished":"2025-07-10T22:40:42+00:00","mainEntityOfPage":{"@id":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/"},"wordCount":8,"commentCount":0,"image":{"@id":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1742026873142-287636952-9.webp","keywords":["beginner","investment","stock"],"articleSection":["Trading"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/","url":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/","name":"Stock issuance: Smart investment opportunities for Vietnamese investors","isPartOf":{"@id":"https:\/\/pocketoption.com\/blog\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#primaryimage"},"image":{"@id":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1742026873142-287636952-9.webp","datePublished":"2025-07-10T22:40:42+00:00","author":{"@id":"https:\/\/pocketoption.com\/blog\/en\/#\/schema\/person\/05fda70241a3f566579f07d29b86abe1"},"breadcrumb":{"@id":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#primaryimage","url":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1742026873142-287636952-9.webp","contentUrl":"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1742026873142-287636952-9.webp","width":1840,"height":700},{"@type":"BreadcrumbList","@id":"https:\/\/pocketoption.com\/blog\/en\/knowledge-base\/trading\/stock-issuance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pocketoption.com\/blog\/en\/"},{"@type":"ListItem","position":2,"name":"Stock issuance: Smart investment opportunities for Vietnamese investors"}]},{"@type":"WebSite","@id":"https:\/\/pocketoption.com\/blog\/en\/#website","url":"https:\/\/pocketoption.com\/blog\/en\/","name":"Pocket Option blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pocketoption.com\/blog\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pocketoption.com\/blog\/en\/#\/schema\/person\/05fda70241a3f566579f07d29b86abe1","name":"Igor OK","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/e5fbed1dc1da2ff83979b615e4828e7df0c88fac5b639802fd2584529c335ede?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e5fbed1dc1da2ff83979b615e4828e7df0c88fac5b639802fd2584529c335ede?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e5fbed1dc1da2ff83979b615e4828e7df0c88fac5b639802fd2584529c335ede?s=96&d=mm&r=g","caption":"Igor OK"},"url":"https:\/\/pocketoption.com\/blog\/en\/author\/igor-ok\/"}]}},"po_author":null,"po__editor":null,"po_last_edited":null,"wpml_current_locale":"en_US","wpml_translations":{"fr_FR":{"locale":"fr_FR","id":301788,"slug":"stock-issuance","post_title":"\u00c9mission d'actions : Opportunit\u00e9s d'investissement intelligentes pour les investisseurs vietnamiens","href":"https:\/\/pocketoption.com\/blog\/fr\/knowledge-base\/trading\/stock-issuance\/"},"it_IT":{"locale":"it_IT","id":301789,"slug":"stock-issuance","post_title":"Emissione di azioni: Opportunit\u00e0 di investimento intelligenti per gli investitori vietnamiti","href":"https:\/\/pocketoption.com\/blog\/it\/knowledge-base\/trading\/stock-issuance\/"},"pl_PL":{"locale":"pl_PL","id":301791,"slug":"stock-issuance","post_title":"Emisja akcji: Inteligentne mo\u017cliwo\u015bci inwestycyjne dla wietnamskich inwestor\u00f3w","href":"https:\/\/pocketoption.com\/blog\/pl\/knowledge-base\/trading\/stock-issuance\/"},"es_ES":{"locale":"es_ES","id":301786,"slug":"stock-issuance","post_title":"Emisi\u00f3n de acciones: Oportunidades de inversi\u00f3n inteligentes para inversores vietnamitas","href":"https:\/\/pocketoption.com\/blog\/es\/knowledge-base\/trading\/stock-issuance\/"},"th_TH":{"locale":"th_TH","id":301793,"slug":"stock-issuance","post_title":"\u0e01\u0e32\u0e23\u0e2d\u0e2d\u0e01\u0e2b\u0e38\u0e49\u0e19: \u0e42\u0e2d\u0e01\u0e32\u0e2a\u0e01\u0e32\u0e23\u0e25\u0e07\u0e17\u0e38\u0e19\u0e17\u0e35\u0e48\u0e0a\u0e32\u0e0d\u0e09\u0e25\u0e32\u0e14\u0e2a\u0e33\u0e2b\u0e23\u0e31\u0e1a\u0e19\u0e31\u0e01\u0e25\u0e07\u0e17\u0e38\u0e19\u0e0a\u0e32\u0e27\u0e40\u0e27\u0e35\u0e22\u0e14\u0e19\u0e32\u0e21","href":"https:\/\/pocketoption.com\/blog\/th\/knowledge-base\/trading\/stock-issuance\/"},"tr_TR":{"locale":"tr_TR","id":301790,"slug":"stock-issuance","post_title":"Hisse senedi ihrac\u0131: Vietnaml\u0131 yat\u0131r\u0131mc\u0131lar i\u00e7in ak\u0131ll\u0131 yat\u0131r\u0131m f\u0131rsatlar\u0131","href":"https:\/\/pocketoption.com\/blog\/tr\/knowledge-base\/trading\/stock-issuance\/"},"vt_VT":{"locale":"vt_VT","id":301792,"slug":"stock-issuance","post_title":"Ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu: C\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0 th\u00f4ng minh cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam","href":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/trading\/stock-issuance\/"},"pt_AA":{"locale":"pt_AA","id":301787,"slug":"stock-issuance","post_title":"Emiss\u00e3o de a\u00e7\u00f5es: Oportunidades de investimento inteligentes para investidores vietnamitas","href":"https:\/\/pocketoption.com\/blog\/pt\/knowledge-base\/trading\/stock-issuance\/"}},"_links":{"self":[{"href":"https:\/\/pocketoption.com\/blog\/en\/wp-json\/wp\/v2\/posts\/301785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pocketoption.com\/blog\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pocketoption.com\/blog\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/en\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/en\/wp-json\/wp\/v2\/comments?post=301785"}],"version-history":[{"count":0,"href":"https:\/\/pocketoption.com\/blog\/en\/wp-json\/wp\/v2\/posts\/301785\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/en\/wp-json\/wp\/v2\/media\/193369"}],"wp:attachment":[{"href":"https:\/\/pocketoption.com\/blog\/en\/wp-json\/wp\/v2\/media?parent=301785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/en\/wp-json\/wp\/v2\/categories?post=301785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pocketoption.com\/blog\/en\/wp-json\/wp\/v2\/tags?post=301785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}