HANOI, Dec. 25 (Xinhua) -- Vietnam's leading dairy producer Vinamilk and the country's leading information technology firm FPTwill be the first of series of domestic enterprises to list shares on overseas stock markets between 2008 and 2009, local newspaper Vietnam News reported Monday.

    The market value of Vinamilk, which currently holds a domestic dairy market share of some 75 percent, stands at around 930 million U.S. dollars. It has about 200 distributors, over 1,000 agents and nearly 94,000 retail outlets nationwide.

    FPT said its shares, listed on Vietnam's stock market last week, were attractive to investors due to the high potential of the domestic information technology sector, its young and skilled workforce, and its special corporate culture.

    According to the Vietnam Association of Financial Investors, many major Vietnamese enterprises are ready to list shares abroad as a way of raising capital and improving the liquidity of shares.

    The Vietnam Construction and Investment Joint Stock Company is finalizing procedures to list shares on the U.S. stock market. In May, the Vietnamese company merged with a U.S. firm whose shares are traded on the low-level stock exchange, Pink Sheets.

    Many other Vietnamese companies, including Kinh Do Corporation, Saigon Securities Inc. and Trung Nguyen Coffee Corporation, are studying conditions for listing shares on foreign stock markets, including the Singapore Stock Exchange and the Korean Stock Exchange, the newspaper said.

    Vietnam currently has 79 kinds of listed shares, 372 kinds of listed bonds, mostly government bonds, and 2 listed investment funds totaling 71,126 billion Vietnamese dong (nearly 4. 5 billion dollars).