HAGL Investment and DatVietVAC IPOs Set for Late 2026
This Aveluro analysis covers HAG in the Food Production sector. The classified event type is ipo, with positive sentiment and a deterministic market-impact score of 6.0/10. Aveluro classifies this story as a positive catalyst in the stock's news coverage. Source coverage came from CafeF - Doanh nghiệp, classified as a primary/top-tier source.
Key Facts
Caveat: Not investment advice. · How Aveluro computed this: Aveluro combines extracted event facts, source credibility, ticker context, and market data. Scores are deterministic research signals, not recommendations.
Overview
HAGL Investment (CTCP Đầu tư Quốc tế Hoàng Anh Gia Lai) and DatVietVAC (CTCP DatViet VAC Group Holdings) have announced plans for initial public offerings (IPOs) in late 2026. HAGL Investment, a subsidiary of Hoang Anh Gia Lai (HAG), will offer 18.8 million shares at 60,600 VND per share, while DatVietVAC will offer 11.15 million shares at 54,800 VND. These IPOs are expected to attract significant investor attention and provide new listing opportunities on Vietnam’s stock exchanges.
Key Facts
- HAGL Investment IPO: 18.8 million shares at 60,600 VND/share, raising up to 1,139 billion VND (approx. USD 45.56 million).
- HAGL Investment is 84.43% owned by HAG (as of April 22, 2026).
- HAGL Investment reported net revenue of over 2,185 billion VND and net profit of 781.8 billion VND in H1 2026.
- HAGL Investment’s 2026 business plan targets net revenue of 7,456 billion VND and after-tax profit of 1,815 billion VND.
- DatVietVAC IPO: 11.15 million shares at 54,800 VND/share, based on an appraisal value of 81,716 VND and book value of 11,800 VND/share (as of Dec 31, 2025).
- Post-IPO, DatVietVAC’s charter capital will reach 1,114 billion VND, with a projected market cap of 6,105.7 billion VND (approx. USD 240 million) upon HoSE listing.
- DatVietVAC plans to allocate 536.9 billion VND from IPO proceeds to contribute additional capital to DatViet VAC Media.
What Happened
HAGL Investment announced its IPO under Certificate No. 337/GCN-UBCK issued by the Chairman of the State Securities Commission on August 4, 2026. The offering will distribute 18.8 million shares at 60,600 VND per share, with a maximum total raised of 1,139 billion VND. Proceeds will be used to supplement working capital, expand production capacity, and restructure finances, including payments for agricultural supply contracts and loan repayments. The subscription period runs from August 18, 2026, to September 7, 2026, with a minimum purchase of 100 shares and a maximum of 9.36 million shares (5% of post-offering charter capital). OCBS Securities is the designated agent.
DatVietVAC, a prominent entertainment company, is offering 11.15 million shares at 54,800 VND per share. The offer price is based on an appraisal value of 81,716 VND and a book value of 11,800 VND per share. After the offering, charter capital will increase to 1,114 billion VND. All shares are expected to list on HoSE in 2026, with a projected market capitalization of 6,105.7 billion VND. The company plans to allocate 536.9 billion VND of the proceeds to increase capital in DatViet VAC Media, supporting its subsidiaries Dat Viet Media and TKL.
Market Context
HAG, the parent company of HAGL Investment, trades on HOSE with a recent close of 14,200 VND on August 30, 2026. The IPO of its subsidiary could provide a clearer valuation for HAG’s agricultural operations, potentially benefiting the parent’s stock. The Vietnamese stock market has seen increased IPO activity in 2026, with at least three securities companies also planning listings. DatVietVAC’s IPO adds to the entertainment sector’s presence on the exchange, which has been relatively underrepresented.
Strategic Significance
For HAG, the IPO of HAGL Investment is a strategic move to unlock value from its agricultural subsidiary, which has shown strong profitability in H1 2026. The proceeds will help HAGL Investment expand and improve its financial health, potentially leading to a future listing. For DatVietVAC, the IPO provides capital to strengthen its media operations and supports its growth in the entertainment industry. These IPOs reflect a broader trend of Vietnamese companies seeking public capital to fund expansion and improve corporate governance.
What to Watch
- Subscription results for HAGL Investment IPO (September 2026) and DatVietVAC IPO (timing to be confirmed).
- HAG’s Q3 2026 earnings report to assess the impact of the subsidiary’s IPO on consolidated financials.
- DatVietVAC’s official listing date on HoSE and its first-day trading performance.
- Any regulatory approvals or delays in the IPO process.
- Market reception of other planned IPOs in late 2026, particularly in the securities sector.