Vietcombank, Vietnam’s largest non-government owned bank, is to list another 9.3 per cent of its equity on the Ho Chi Minh Stock Exchange, taking advantage of strongly rising regional markets which have also seen Malaysia’s first initial public offering oversubscribed 11 times.

The bank, formally known as The Joint Stock Commercial Bank for Foreign Trade of Vietnam, is to list 112m shares on June 30. The price has not been published.