masan meatlife sets a spike in profits despite struggling with pandemic

Masan MeatLife sets a spike in profits despite struggling with pandemic

Masan MeatLife targets a spike in profit as its parent company Masan Group has been submerged in losses due to the COVID-19 deadlock.
tasty takeovers sorely lacking as 2020 continues to frustrate

Tasty takeovers sorely lacking as 2020 continues to frustrate

Merger and acquisition deals in Vietnam’s food and beverages arena in the first five months of this year were inevitably subdued due to global slowdowns across the board.
masan resources closes acquisition to realise high tech industrial materials platform

Masan Resources closes acquisition to realise high-tech industrial materials platform

Masan Tungsten Limited Liability Company (MTC), a wholly-owned subsidiary of Masan Resources Corporation (MSR), today announced the completion of its purchase of the tungsten business of H.C. Starck Group GmbH (HCS).
sk group acquires 25 per cent of imexpharm

SK Group acquires 25 per cent of Imexpharm

South Korean conglomerate SK Group has become a large shareholder of Imexpharm (IMP), adding to its considerable portfolio of shares in Vingroup, Masan, and PV Oil.
high tech contribution to agriculture

High-tech contribution to agriculture

Vietnamese agricultural enterprises are promoting the application of high technologies in production and processing to contribute to restructuring the agricultural sector.
miratorg group to export 50000 tonnes of pork to vietnam this year

Miratorg Group to export 50,000 tonnes of pork to Vietnam this year

Along with boosting pork imports from traditional markets like the US, Europe, and South Korea, the Ministry of Agriculture and Rural Development has accelerated to completing procedures to import pork from Miratorg Group, Russia’s largest meat producer.
masan meatlife to pour 22 million in anco

Masan MeatLife to pour $22 million in Anco

With the investment of VND500 billion ($21.74 million) in Agriculture Nutrition Corporation (Anco), Masan MeatLife will increase its stakes to nearly 100 per cent from the previous 70 per cent.
penm partners fifth fund held up by covid 19 uncertainties

Penm Partners fifth fund held up by COVID-19 uncertainties

Danish private equity company Penm Partners is seeing a sluggish fundraising process for its fifth fund as the firm encountered choppy waters due to the COVID-19 outbreak.
masan announces second stage of bond issuance plan

Masan announces second stage of bond issuance plan

Masan is putting into action its four-step issuance plan, announcing plans for the second issuance after a successful first step a few days ago where it released 30 million bonds. 
masan consumer bags half the shares in net detergent jsc

Masan Consumer bags half the shares in Net Detergent JSC

Masan HPC Co., Ltd. (Masan HPC) has successfully acquired 52 per cent of the shares in Net Detergent JSC at an average price of VND48,000 ($2.08) per share, implying a full valuation of $46 million and a price to earnings multiple of 13x.
tiki sendo speculation piques sector interest

Tiki-Sendo speculation piques sector interest

An expected co-operation deal between Tiki and Sendo has surprised the merger and acquisition arena in Vietnam, coming hot off the heels of the announced partnership between Vingroup and Masan late last year.
stocks rebound despite measure of pessimism among foreign investors

Stocks rebound despite measure of pessimism among foreign investors

In the first two days of the week, Vietnamese stocks bounced back a little from a coronavirus-induced plunge due to banks' extending a helping hand to affected companies. However, foreign investors remained bullish on Hoa Phat Group, Vinamilk, and Masan stocks.
vinmart closes numerous stores to reach break even point sooner

VinMart closes numerous stores to reach break even point sooner

The profit margin of VinMart+ has been improving over the last three years, and despite currently making losses, the retailer expects to turn a profit next year after great efforts and investment.
vingroup halts aviation arm vinpearl air

Vingroup halts aviation arm Vinpearl Air

Vietnamese conglomerate Vingroup officially called off its ambitious plans in aviation with Vinpearl Air on January 14.
masan group to mobilise 43478 million through bonds

Masan Group to mobilise $434.78 million through bonds

Masan Group has just approved the decision to issue 100 million bonds worth VND10 trillion ($434.78 million) altogether. with a maximum term of 36 months to expand its business, lending to its unit, and repay a loan.