south koreas sk group to buy 1 billion stake in vingroup

South Korea’s SK Group to buy $1 billion stake in Vingroup

South Korean conglomerate SK Group plans to acquire a $1 billion stake in Vingroup through the issuance of shares through private placement.
chairman of hoa phat no longer in billionaires list of forbes

Chairman of Hoa Phat no longer in Billionaires List of Forbes

Hoa Phat Group (HPG) chairman Tran Dinh Long is no longer named on Forbes' 2019 list of billionaires published on March 5, including five Vietnamese names.
nghe an sets out vision for development

Nghe An sets out vision for development

A major investor conference in the central province of Nghe An last week set out its plans to transform the location into an appealing destination for investors.
vinacafe reports high profit for 2018

Vinacafé reports high profit for 2018

After being fully acquired by Masan, Vietnam National Coffee Corporation (Vinacafe) reported high profit, while Trung Nguyen is in conflict.
masans core profit jumps by 571 per cent in 2018

Masan's core profit jumps by 57.1 per cent in 2018

The core profit of Masan jumped by 57.1 per cent to VND3.478 trillion ($151.2 million) for 2018, and the group set the target of double-digit top and bottom-line growth in 2019. 
masans dazzling nine month figures

Masan’s dazzling nine-month figures

One of Vietnam’s largest private conglomerates, Masan Group, has reported outstanding nine-month performance, leveraging its premiumisation and beverage strategy to double and triple the fast-moving consumer goods growth rate in the forthcoming years.
masan resources reports solid nine month performance

Masan Resources reports solid nine-month performance

Vietnam’s Masan Resources revealed its nine-month financial results with the highlights of increased net revenue and net profit on the back of a slight fall in global tungsten prices, continuing to maintain its position as the largest ex-China tungsten chemicals producer.
masan group and sk group complete strategic partnership deal

Masan Group and SK Group complete strategic partnership deal

Masan Group Corporation (HSX: MSN) today announced the completion of SK Group’s (SK Group) purchase of 109,899,932 treasury shares at VND100,000 ($4.4) per share, a total consideration of approximately $470 million. SK Group is now the largest foreign shareholder of Masan Group.
similar paths led sk and masan into new strategic partnership

Similar paths led SK and Masan into new strategic partnership

Masan Group and SK Group share many similarities in their respective businesses, which helps explain why they have recently become strategic partners.
sk to become masans largest strategic shareholder

SK to become Masan’s largest strategic shareholder

Masan and SK will join hands to pursue transformational business opportunities in Vietnam and to synergise existing business units.
major food makers strive to increase revenue from instant noodle

Major food makers strive to increase revenue from instant noodle

As instant noodle sales bounce back in Vietnam, major food makers continue to employ different strategies to diversify income and capture new growth.
masan swimming further downstream

Masan swimming further downstream

Masan Resources had just announced the acquisition of H.C. Starck’s 49 per cent ownership at Nui Phao-H.C.Starck Tungsten Chemicals Manufacturing LLC. This is a major step to making Masan Resources the “Pride of Vietnam” in possession of state-of-the-art downstream processing technology through mergers and acquisitions (M&A).
vietnam ranks fifth in global instant noodle consumption

Vietnam ranks fifth in global instant noodle consumption

After two consecutive years of decline, Vietnam’s instant noodle consumption started recovering in 2017 with the total sale of 5.06 billion packets, up 3 per cent compared to 2016 and 5.4 per cent compared to 2015.
masan takes full ownership of tungsten processing facility

Masan takes full ownership of tungsten processing facility

Masan Resources Corporation (UPCoM: MSR), one of the world’s largest integrated industrial tungsten mineral and chemical producers, announced that Nui Phao Mining Company Ltd. (NPMC), a wholly-owned subsidiary of the company, has acquired H.C.Starck GmBH’s (HCS) 49 per cent stake in Nui Phao-H.C.Starck Tungsten Chemicals Manufacturing LLC (NHTCM) for the total cash consideration of $29.1 million, and now owns 100 per cent of this company.
vietnam ma forum top ten deals in 2009 2018

Vietnam M&A Forum: Top ten deals in 2009-2018

During the past ten years, Vietnam continued to witness high-value mergers and acquisitions (M&A) transactions in a variety of sectors, such as food manufacturing, real estate, banking, and retail, among others.