Vietnamese company Masan Consumer is exploring a $1 billion pre-IPO investment by selling a minority stake of 15-20% ahead of its planned stock market listing on the Ho Chi Minh Stock Exchange next year. The move aims to attract wider market interest and support stronger valuations.

The company’s listing plans were delayed earlier this year due to U.S. tariffs affecting global markets. Vietnam faced initial tariff threats of 46%, later reduced to 20%, easing investor concerns. The country’s main equity index has rebounded by 22% over the summer, with year-to-date gains of 31%.

Investor confidence in Asia has improved following tariff adjustments and U.S. Federal Reserve monetary easing, leading to increased deal-making. Masan Consumer, a major FMCG company in Vietnam, plans to shift to the Ho Chi Minh City main board from Hanoi’s UPCoM platform.

Masan Consumer, established in 1996, is a key player in Vietnam’s FMCG sector, exporting products to over 15 countries. The company is majority-owned by Masan Group, a diversified conglomerate with interests in retail, finance, and mineral resources.

Read more at Yahoo Finance: Vietnam food giant Masan explores $1bn pre-IPO investment