Vietnam's VNG delays Nasdaq IPO amid challenging market

Tech unicorn with Facebook-beating app praised during Biden trip to Hanoi

20230922 vng vietnam startup

Staff walk in the lobby of Vietnamese gaming-to-messaging startup VNG, whose campus looks like it's been lifted out of Silicon Valley. (Photo by Lien Hoang)

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- VNG is postponing a Nasdaq debut amid an uncertain market environment, less than two weeks after the Vietnamese gaming startup joined a CEO roundtable with U.S. President Joe Biden.

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