First wrecked, now pillaged: Vietnam’s underwater treasure

Vietnam has thousands of kilometres of coastline, and may have thousands of shipwrecks. Many of these wrecks would be loaded with archaeologically fascinating and significant items. But the country has struggled to preserve its underwater cultural heritage. To date the protection and preservation of Vietnam’s underwater cultural heritage, such as shipwrecks, has had a low priority.

Vietnam has a very long coastline (more than 2,000km) and seafaring activity has been extensive for at least 2,000 years. Vietnam is centrally located in South East Asia and was on the “Maritime Silk route” that ran from China to the west via the South China Sea.

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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 25, 2026 vs Jan 1, 2025 - Oct 25, 2025

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Number of Filings131Prior 126 +4.0%
Target Raise, Total$3.40BPrior $3.54B -3.9%
This YTDYear priorChange
Filings 131 126 +4.0%
Target raise $3.40B $3.54B -3.9%

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Source: DisclosureQuest. Initial Form 1-A only.

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This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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