Vietnam Rising Amidst U.S.-China Tensions
By Drew Bernstein, Co-Chairman, MarcumAisa
Drew Bernstein, co-founder and co-chair, Marcum Asia published an article on Forbes.com
A recent trip to Vietnam underscored how this fascinating Southeast Asia region is adeptly maneuvering the rift between the United States and China to fuel its own economic rise.
I was in Hanoi for the Vietnam Venture Summit 2023, an event organized by the country’s Ministry of Planning and Investment and Golden Gate Ventures.
Until recently, it was unclear if a Vietnamese company could launch an IPO overseas without running afoul of its domestic laws. The recent listing of Vietnam’s electric vehicle manufacturer, VinFast (NASDAQ:VFS), on NASDAQ through a SPAC merger has opened the door for more of the country’s leading companies to step out on a global stage.