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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam consumers more picky as incomes rise: official
Vietnamese consumers are becoming more fastidious as their incomes rise, according to Le Viet Nga, deputy director of the domestic markets department under the Ministry of Industry and Trade.
Economy - 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
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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