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, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Animal feed major Masan MEATLife to invest $31 mln in subsidiary

Animal feed major Masan MEATLife to invest $31 mln in subsidiary

Masan MEATLife Corporation has approved a plan to contribute a maximum of VND740 billion ($31.2 million) to MEATDeli HN Co., Ltd, its wholly-owned subsidiary.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vinacafe Bien Hoa posts $41 mln in H1 revenue, driven by instant coffee

Vinacafe Bien Hoa posts $41 mln in H1 revenue, driven by instant coffee

Vinacafe Bien Hoa JSC, Vietnam's leading instant coffee company, reported a consolidated net revenue of VND953.8 billion ($40.73 million) in the first half of 2022, up 18% year-on-year, mainly from instant coffee and coffee-flavored beverages.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Masan to invest $150 mln in Mekong Delta food complex

Masan to invest $150 mln in Mekong Delta food complex

Masan Group, one of Vietnam’s largest listed conglomerates by market value, has got the green light to develop a VND3,500 billion ($150 million) food complex in Hau Giang province, southern Vietnam.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese billionaires' companies contribute $3.24 bln to state budget

Vietnamese billionaires' companies contribute $3.24 bln to state budget

Corporations run by Vietnamese billionaires contributed VND75.2 trillion ($3.24 billion) to the state budget in 2021, with Pham Nhat Vuong’s Vingroup making the largest contribution.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7