Nasdaq listing for Vietnam companies.
The senior US venue for growth companies. A reverse takeover reaches Nasdaq either by merging into a Nasdaq-listed shell or by uplisting from the OTC Markets once the initial listing standards are met.
For a private company in Vietnam, the Nasdaq Stock Market can be reached through a reverse takeover — the merger of the operating business into a shell company — provided the applicable listing standards are met.
- A Vietnam company can reach the Nasdaq Stock Market by merging into a listed shell, or by uplisting to it from a lower tier once the standards are met.
- Nasdaq operates three tiers — the Capital Market, the Global Market, and the Global Select Market — each with quantitative thresholds for equity or market value, public float, shareholders, and a minimum US$4.00 bid price, plus corporate-governance requirements.
- US-standard audited financials from a PCAOB-registered auditor are required, and are usually the critical-path item.
- Reverse Takeover arranges and coordinates the transaction; the regulated work is done by licensed specialists.
The route in brief
| Venue | Nasdaq — the Nasdaq Stock Market |
|---|---|
| Route | Reverse takeover into a listed shell, or uplisting from a lower tier once standards are met. |
| Standards | Nasdaq operates three tiers — the Capital Market, the Global Market, and the Global Select Market — each with quantitative thresholds for equity or market value, public float, shareholders, and a minimum US$4.00 bid price, plus corporate-governance requirements. |
| Home market | Ho Chi Minh (HOSE) and Hanoi (HNX) exchanges · regulator SSC |
| Currency | Vietnamese dong (VND) |
| Our role | Advisory and arranger; not a broker-dealer, law firm or auditor. |
Nasdaq for Vietnam companies
Nasdaq is the aspirational venue for Vietnam's manufacturing-technology and consumer-platform companies, placing them beside the global growth names US investors already track. Reaching the Global or Global Select tiers requires meeting quantitative thresholds that many Vietnamese groups build toward over time, so arriving at Nasdaq by uplisting from the OTC Markets, rather than in a single step, is often the realistic path.
Structuring a reverse takeover from Vietnam
Cross-border deals from Vietnam almost always sit above the operating company through an offshore holding vehicle — Singapore is a frequent choice for South-East Asian groups, alongside Cayman or BVI — which becomes the US-listed parent. Two Vietnamese frameworks drive the early work. Outbound investment by Vietnamese residents generally requires an offshore-investment registration certificate from the Ministry of Planning and Investment and foreign-exchange registration with the State Bank of Vietnam, while foreign-ownership limits shape how, and how much, a foreign holdco may own in the local business. Capital-account controls on the dong, licensing in restricted sectors, and the tax cost of contributing shares upward all need mapping. This is specialist territory: structuring should be set with Vietnamese and US counsel and tax advisers, subject to current rules and specialist advice.
Considering Nasdaq for your Vietnam company?
Start an enquiry →Nasdaq listing for Vietnam companies — FAQ
Q1Can a Vietnam company list on Nasdaq via reverse takeover?
A Vietnam company can reach the Nasdaq Stock Market by merging into a shell already listed there, or by uplisting once it meets the applicable standards. Nasdaq operates three tiers — the Capital Market, the Global Market, and the Global Select Market — each with quantitative thresholds for equity or market value, public float, shareholders, and a minimum US$4.00 bid price, plus corporate-governance requirements.
Q2What are the Nasdaq listing standards?
Nasdaq operates three tiers — the Capital Market, the Global Market, and the Global Select Market — each with quantitative thresholds for equity or market value, public float, shareholders, and a minimum US$4.00 bid price, plus corporate-governance requirements. Meeting these standards, and maintaining them, is assessed with US securities counsel as part of the transaction.
Q3Is Reverse Takeover a broker-dealer?
No. Reverse Takeover is an advisory and arranger, not a registered broker-dealer, law firm or auditor. Regulated activities are performed by licensed US securities counsel, PCAOB-registered auditors, transfer agents and broker-dealers coordinated on the transaction.
Other US venues for Vietnam companies
- NYSE American listingVietnam → NYSE American
- OTC Markets listingVietnam → OTC Markets
- Vietnam — all routesCountry overview
This page is general, educational information about listing routes and is not investment, legal, tax, or accounting advice, nor an offer or solicitation. Regulatory details change and vary by circumstance; obtain advice from qualified US securities counsel and your home-market advisers. See our disclosures.