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.
14:57, 2019/12/07
Vietnam considered centerpiece in Japan’s Aeon development strategy
Aeon sees huge potential in Vietnam and expects to expand investment in the country, said the CEO of Aeon Vietnam and Southeast Asia.
13:29, 2019/12/06
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, 2019/12/03
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.
13:40, 2019/11/30
Vietnam's business formations rise 4.5% to 126,700 in Jan-Nov
If including VND2,101.3 trillion (US$90.85 billion) of additionally capital pumped by operational enterprises, total registered capital added to the economy in Jan-Nov was VND3,675.7 trillion (US$158.92 billion).
18:04, 2019/11/02
S.Korea and Japan compete for Vietnam’s retail market shares
Vietnam’s retail market is growing at an annual rate of 10.9% in the 2013 – 2018 period, while most leading names in the market come from South Korea and Japan, ranging from convenience stores, department stores to e-commerce.