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

Mekong Capital investees enjoy significant revenue growth

Mekong Capital investees enjoy significant revenue growth

Several companies comprising the investment portfolio of Mekong Capital, a leading fund manager in Vietnam, reported significant revenue growth in 2023.

Companies - Tue, February 20, 2024 | 8:06 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

Tech giants showcase advances at Vietnam’s biggest-ever innovation expo

Tech giants showcase advances at Vietnam’s biggest-ever innovation expo

The ongoing Vietnam International Innovation Expo (VIIE) 2023, the biggest-ever event of its kind in the country, is drawing the participation of multiple domestic and international technology companies.

Economy - Sun, October 29, 2023 | 2:54 pm

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

Vietnam world's third largest instant noodle market, after China, Indonesia

Vietnam world's third largest instant noodle market, after China, Indonesia

Vietnam has been among the top three markets for instant noodles over the past three years, according to the World Instant Noodle Association (WINA).

Companies - Wed, September 27, 2023 | 8:52 am

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

Trusting Social brings AI-powered agents to enterprises, backed by Microsoft Cloud

Trusting Social brings AI-powered agents to enterprises, backed by Microsoft Cloud

Trusting Social, a leading Asian fintech AI company, has announced the launch of Agent Foundry, a generative AI platform that provides trainable, AI-powered autonomous agents to enterprises.

Companies - Fri, June 30, 2023 | 4:37 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