Masan holds 83.74% stake in Vingroup’s retail arm after merger
Vingroup and Masan have agreed to merge some of their businesses to create “the country’s largest retail group”.
13:01, 2020/01/01
External issues deemed biggest risk for Vietnam’s stock market in 2020
The biggest support for the market is expected to come from the consistent policy implementation by the government to stabilize macroeconomic factors and encourage domestic firms to develop.
15:36, 2019/36/24
After Vinmart, Masan targets US$28-million stake of local Net Detergent
In less than a month, Masan Consumer, a consumer business of major conglomerate Masan Group, has initiated two deals to take its businesses beyond the food and beverage sector.
09:48, 2019/48/20
Vietnamese retail market experiences costly competition
Besides rapid urbanization, the rising income of consumers is one of the reasons for the booming of the Vietnamese retail market.
10:47, 2019/47/19
S.Korea’s SK Group sets up US$860-million investment fund in Vietnam
Both SK Group and South Korea’s National Pension Service (NPS) would contribute US$430 million to the fund.
21:37, 2019/37/18
Vingroup exits completely from retail market
This move is part of Vingroup’s restructuring process, aiming to reallocate its resources to core businesses of industry and technology to compete globally, said a company executive.
11:27, 2019/27/18
Vietnam government to consider reducing ownership at state-run commercial banks
Vietnam is committed to opening the financial market to foreign investors, particularly in financial services.
13:29, 2019/29/06
What's behind Masan-Vingroup merger?
Vingroup is now able to focus on its core businesses while Masan found its last piece of a puzzle to build an empire of consumer retail.
15:17, 2019/17/03
Vingroup, Masan make largest merger in Vietnam in 2019
According to the agreement, Vingroup’s retail arm VinCommerce and its subsidiary VinEco would merge into Masan Consumer Holdings, the retail consumer business of Masan.
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