The State Securities Commission of Vietnam reports that just 11 FDI enterprises have listed shares or registered for trading since the stock market began.

Regulators have no plans to impose extra conditions or set up a distinct mechanism for FDI enterprises.

Thu attributed obstacles mainly to paperwork and obligations from earlier investment stages, such as investment certificates, project structures, contracts and commitments tied to project approval.

No single document checklist fits all foreign-invested enterprises, since each has its own investment history.

Thailand's "BOI to IPO" programme links investment-incentive recipients with IPO routes and cuts application review times.