Exclusive: VinFast-linked GSM plans Hong Kong IPO at up to $3 billion valuation, sources say

Core Viewpoint - Vietnamese electric-vehicle taxi operator GSM, part of Vingroup, plans to list in Hong Kong, potentially marking the first IPO in the city by a company from Vietnam [1] Company Summary - GSM is an electric-vehicle taxi operator and is associated with Vingroup, a prominent conglomerate in Vietnam [1] - The planned IPO in Hong Kong signifies a strategic move for GSM to expand its capital base and enhance its market presence [1] Industry Summary - The electric vehicle industry in Vietnam is gaining traction, with companies like GSM leading the charge in the taxi segment [1] - The potential IPO could attract international investors, highlighting the growing interest in Southeast Asian electric vehicle markets [1]