Foreign traders extend net-selling streak in Vietnam amid VND devaluation woes
Foreign investors net sold a total of VND3,639 billion ($144 million) worth of Vietnamese shares in the week ended November 8, extending their net-selling streak amid concerns over the dong devaluation.
Finance - Sun, November 10, 2024 | 1:24 pm
Vietnamese multi-sector group Masan uses AI to forecast product sales: executive
AI has helped Masan Group forecast the number of items likely to be sold during peak season based on available data and to optimize product placement, says An Luong, head of the corporation’s artificial intelligence & data science division.
Companies - Sun, November 3, 2024 | 2:51 pm
Vietnam’s Masan MEATLife posts $4.14 million in Q3 after-tax profit
Masan MEATLife (MML), a subsidiary of Vietnamese consumer retail giant Masan Group, recorded net profit after tax and pre-minority interest (NPAT Pre-MI) of VND105 billion ($4.14 million) in the third quarter of 2024.
Companies - Tue, October 29, 2024 | 3:25 pm
Daughter of Masan Group chairman plans to spend $30-plus mln on MSN shares
Nguyen Yen Linh, daughter of Masan Group chairman Nguyen Dang Quang, has plans to spend at least $30 million on acquiring 10 million shares of the group, listed on the Ho Chi Minh Stock Exchange as MSN.
Companies - Fri, October 25, 2024 | 2:55 pm
National pride, desire to contribute motivate Vietnamese to return, work in homeland: Masan exec
National pride and desire to contribute to the nation’s development are key motivations for Vietnamese who have studied and worked abroad to return and work at home, says Nguyen Tam Thanh, chief human resources officer of Masan Group.
Companies - Thu, October 17, 2024 | 8:19 am
Masan Group's journey is the consumer’s journey: deputy CEO
Vietnamese consumer-focused corporation Masan Group is developing a retail-consumer platform that caters to everyday essential needs of consumers in the country, says deputy CEO Michael Hung Nguyen.
Companies - Mon, October 14, 2024 | 3:26 pm
Vietnam's stock market approaching status upgrade target; which stocks to attract foreign capital?
In a recent report, SSI Research preliminarily estimates that capital flow from ETF funds into Vietnam's stock market could reach up to $1.7 billion when the country is upgraded to emerging market status. Masan Group (MSN) is forecasted to be one of the destinations for this foreign capital flow.
Companies - Wed, October 2, 2024 | 11:02 am
S Korea’s SK Group sells 7.1% stake in Vietnam retailer to Masan for $200 mln
South Korea’s chaebol SK Group will sell a 7.1% stake in WinCommerce, a leading retailer in Vietnam, to the latter's majority shareholder Masan Group for $200 million, Masan announced Wednesday.
Companies - Wed, September 4, 2024 | 3:36 pm
Vietnam retail majors reap rewards for persistence, perseverance
After years of making losses, the significant investments made by major retailers like Masan Group, Mobile World Investment and FPT Retail are coming good.
Economy - Sun, September 1, 2024 | 3:30 pm
WinCommerce to redefine Vietnam retail market with new retail model
Leading modern retail chain in Vietnam - WinCommerce is confident in the massive potential of the country’s retail market and feels there is room to "redefine" it with a new retail model.
Companies - Fri, August 30, 2024 | 11:25 am
Vietnam conglomerate Masan almost doubles net profit in H1
Masan Group, a leading consumer goods conglomerate in Vietnam, posted H1/2024 after-tax profit of VND607 billion ($24 million), up 89.7% year-on-year.
Companies - Sat, July 27, 2024 | 7:44 pm
Masan High-Tech Materials works hard for sustainable development
Masan High-Tech Materials, a member of Masan Group, will continue to promote sustainable business, focusing on implementing cost optimization and financial efficiency improvement initiatives, with a view to earning VND15-15.8 trillion ($621.7 million) in revenue this year.
Companies - Tue, April 23, 2024 | 4:07 pm
Masan Group says SK Group has yet to sell its shares
Masan Group, a leading consumer goods conglomerate in Vietnam, has affirmed that South Korean chaebol SK Group has not unloaded Masan shares as reported by Korean media.
Companies - Mon, June 24, 2024 | 11:51 am
Mitsubishi acquires tungsten unit from Masan Group for $134.5 mln
Masan High-Tech Materials (MHT) Group, the mining arm of Vietnamese conglomerate Masan Group, has entered into an agreement to offload its tungsten powder unit to Mitsubishi Materials Corporation (MMC) Group.
Companies - Fri, May 31, 2024 | 3:00 pm
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