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 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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Saigon Co.op remains biggest retailer in Vietnam: executive
Saigon Co.op, a state-run cooperative, posted a revenue of VND30,888 billion ($1.32 billion) in 2022, up 0.7% year-on-year, CEO Nguyen Anh Duc reported to HCMC Chairman Phan Van Mai on Monday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Masan launches one-stop shop chain ahead of retail unit IPO
Masan Group officially kicked off its multiple-service shopping platform WIN in Vietnam on Friday while planning an international initial public offering (IPO) for its consumer retail unit The CrownX in 2023-2024.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
WinCommerce to open 720 more WinMart, WinMart+ stores
WinCommerce, the retail arm of Masan Group, planned to open over 700 new WinMart stores and more than 20 WinMart supermarkets and hypermarkets in the remaining months of 2022.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Masan Consumer profit climbs 32% in Q1
Masan Consumer Holdings, one of Vietnam's leading F&B companies, reported a profit after tax of VND1,185 billion ($51.6 million) in the first quarter of this year, up 32% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
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