Singapore sovereign fund GIC divests from Vietnamese consumer giant Masan

Singapore sovereign fund GIC divests from Vietnamese consumer giant Masan

A group led by Singaporean sovereign fund Government of Singapore (GIC) has cut its ownership in Vietnam’s leading consumer goods manufacturer and retailer Masan Group to below 5%, losing its status as a major shareholder.

Companies - Mon, March 25, 2024 | 10:36 am

Korean chaebol keen on new-tech hydrogen production in Vietnam

Korean chaebol keen on new-tech hydrogen production in Vietnam

SK Group, one of the largest chaebols in South Korea, is interested in deploying new technologies to produce hydrogen and store carbon dioxide in Vietnam.

Energy - Sat, March 9, 2024 | 4:20 pm

Bain Capital to invest $50 mln more in Vietnam consumer conglomerate Masan

Bain Capital to invest $50 mln more in Vietnam consumer conglomerate Masan

Bain Capital, a U.S.-based multi-asset investment firm, has agreed to increase its equity investment into Masan Group, a leading consumer conglomerate in Vietnam, to $250 million from the previously announced $200 million.

Companies - Wed, December 6, 2023 | 3:52 pm

Masan’s acquisition of VinCommerce, VinEco tops M&A deals in Vietnam in 2009-2023

Masan’s acquisition of VinCommerce, VinEco tops M&A deals in Vietnam in 2009-2023

Retail giant Masan Group’s acquisition of the VinCommerce and VinEco chains from Vingroup topped the list of outstanding Vietnamese acquisitions from 2009-2023 announced at the recent Vietnam M&A Forum 2023.

Companies - Thu, November 30, 2023 | 8:05 pm

Vietnam conglomerate Masan’s revenue grows 3.5% in Jan-Sep, affirms SK as long-term partner

Vietnam conglomerate Masan’s revenue grows 3.5% in Jan-Sep, affirms SK as long-term partner

Leading Vietnamese private conglomerate Masan Group recorded a revenue of VND57.47 trillion ($2.34 billion) in the first nine months of 2023, up 3.5% year-on-year, the firm announced on Monday.

Companies - Tue, October 31, 2023 | 10:23 am

Masan High-Tech Materials: from sustainable mining to smart green production

Masan High-Tech Materials: from sustainable mining to smart green production

Masan High-Tech Materials, a member company of Masan Group, is participating in Vietnam International Innovation Expo 2023 (VIIE 2023) as one of the leading technology enterprises at the National Innovation Center - Hoa Lac Hi-Tech Park.

Companies - Sat, October 28, 2023 | 5:36 pm

US firm Bain Capital to invest $200 mln in Vietnamese group Masan

US firm Bain Capital to invest $200 mln in Vietnamese group Masan

Bain Capital, a U.S.-headquartered investment firm, will invest $200 million in equity capital with Vietnamese conglomerate Masan Group, and plans to up this to $500 million.

Finance - Mon, October 2, 2023 | 3:26 pm

Masan's revenue grows 3.6% to $1.6 bln in H1

Masan's revenue grows 3.6% to $1.6 bln in H1

Leading Vietnamese private conglomerate Masan Group recorded a revenue of VND37.32 trillion ($1.57 billion) in the first half of 2023, up 3.6% year-on-year, the firm announced Friday.

Companies - Fri, July 28, 2023 | 4:13 pm

Masan High-Tech Materials awarded for innovations

Masan High-Tech Materials awarded for innovations

Masan High-Tech Materials was named as ‘Top 10 Most Innovative Enterprises Vietnam 2023’ (VIE10) at the ‘Top 50 Most Innovative Enterprises Vietnam 2023’ (VIE50) award ceremony on Wednesday by VIR and Vietnam Business Research.

Companies - Thu, June 29, 2023 | 11:30 am

Masan opens first WinMart ‘experience store’ in Hanoi

Masan opens first WinMart ‘experience store’ in Hanoi

WinCommerce, the groceries retailing arm of Masan Group, reopened the WinMart Thang Long store in Hanoi’s Cau Giay district Friday as "the first one in the capital city under the experience store model".

Companies - Sun, June 25, 2023 | 10:57 am

Conglomerate Masan's net revenue up 3% to $800 mln in Q1

Conglomerate Masan's net revenue up 3% to $800 mln in Q1

Leading Vietnamese conglomerate Masan Group, listed on the Ho Chi Minh Stock Exchange (HoSE) as MSN, recorded a net revenue of VND18.71 trillion ($797.4 million) in 2022, up 3% year-on-year.

Companies - Fri, April 28, 2023 | 3:07 pm

Masan eyes $500 mln international bonds, two-digit revenue growth

Masan eyes $500 mln international bonds, two-digit revenue growth

Leading Vietnamese conglomerate Masan Group plans to issue international convertible bonds worth up to $500 million to increase its working capital this year, pursuing target revenue growth of 31%.

Companies - Mon, April 24, 2023 | 4:22 pm

Masan High-Tech Materials obtains 15% revenue growth in 2022

Masan High-Tech Materials obtains 15% revenue growth in 2022

Masan High-Tech Materials of Vietnamese conglomerate Masan Group has achieved a year-on-year increase of 15% in 2022 thanks to strong demand and pricing for Tungsten products.

Companies - Thu, April 20, 2023 | 5:47 pm

WinCommerce records net losses for third straight year

WinCommerce records net losses for third straight year

WinCommerce, the retail arm of Vietnamese conglomerate Masan Group, suffered a loss of over VND445 billion ($18.9 million) in 2022, tripling the 2021 figure and marking a third consecutive year of losses.

Companies - Wed, April 19, 2023 | 10:36 am