vingroup issues e commerce app for groceries

Vingroup issues e-commerce app for groceries

Vingroup issued the VinShop e-commerce app on Google Play Store and AppStore to help owners of groceries to place wholesale order with suppliers and producers.
top 10 most valuable brands worth 81 billion usd

Top 10 most valuable brands worth 8.1 billion USD

The top 10 most valuable brands in Vietnam 2020 are worth 8.1 billion USD, increasing by 17 percent from last year and accounting for 30 percent of the list’s total value, according to Forbes Vietnam magazine.
shares of husbandry companies soar on rising profits

Shares of husbandry companies soar on rising profits

Shares of husbandry companies skyrocketed in the second quarter of this year, bolstered by positive earning results and increasing pork prices due to short supply.
hundreds of vinmart stores will be closed

Hundreds of VinMart+ stores will be closed

Under the management of Masan, hundreds of VinMart+ convenience stores will be closed this year.
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.