Vietnam’s industrial sector is entering a new phase of growth, and one of the key players shaping this transformation is Becamex IDC. For decades, the company has been a state-backed powerhouse, with the Binh Duong Provincial Government holding 95.44% of shares. Well, That’s about to change! Becamex IDC upcoming public auction of 300 million shares, valued at VND69,600 per share, is set to raise approximately $900 million—making it the largest public share offering in Vietnam’s stock market history. But beyond the headlines, what does this actually mean for us—the developers, contractors, logistics providers, and business owners who operate in this industrial space every day? Let’s break it down.
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