Vietnamese ride-hailing company GSM plans to go public in 2028.

Vingroup Group founder and chairman Pham Nhat Vuong revealed on April 22 that Vietnam ride-hailing company GreenSmart Mobility (GSM) plans to conduct its first initial public offering (IPO) in the second half of 2028. Preparations for the IPO will begin in the next two to three months. Pham Nhat Vuong holds 95% of the shares of GSM.