consortium led by alibaba completes the injection of 400 million into masan

Consortium led by Alibaba completes the injection of $400 million into Masan

Masan Group Corporation (HSX: MSN) today announced the completion of a private issuance of 5.5 per cent stake in The CrownX Corporation to a consortium led by Alibaba Group and Baring Private Equity Asia for a total cash consideration of $400 million.
cost questions over foreign ipo intents

Cost questions over foreign IPO intents

Masan Group – the parent firm of VinCommerce – has just signalled strategic plans which include removing the foreign ownership cap and teaming up with international giants.
beverage battle fizzes up for domestic and foreign players

Beverage battle fizzes up for domestic and foreign players

Non-alcoholic beverage producers in Vietnam have reported impressive growth thanks to the large space for development, which is the basis for both foreign and domestic players’ long-term investment commitment.
online retail transition inspires major moves

Online retail transition inspires major moves

The growing collaboration efforts between traditional retailers and e-commerce platforms is expected to accelerate omnichannel transition in Vietnam.
masan partners phuc long to develop phuc long kiosks at vinmart stores nationwide

Masan partners Phuc Long to develop Phuc Long Kiosks at VinMart+ stores nationwide

Today, The Sherpa Company Limited – a subsidiary of Masan Group (HSX: MSN) ­­­­­­– announced the signing of definitive agreements to acquire 20 per cent stake in Phuc Long Heritage JSC.
reasons behind the 400 million investment in the crownx of masan

Reasons behind the $400 million investment in The CrownX of Masan

The latest $400 million is just the initial capital in the broad plan of Masan Group to develop its tech-enabled retail and consumer system and expand its reach to serve consumers nationwide.
alibaba leads 400 million investment in masan groups consumer and retail unit

Alibaba leads $400 million investment in Masan Group's consumer and retail unit

Alibaba Group and its partners are pouring $400 million into Masan Group's consumer and retail arm, a deal that will help the Chinese e-commerce giant expand its footprint in the country.
masan raises foreign ownership limit to 100 per cent

Masan raises foreign ownership limit to 100 per cent

Vietnamese conglomerate Masan Group has just been approved by the State Securities Commission (SSC) to increase its foreign ownership limit to 100 per cent.
masan denies mobilising investment in animal feed segment

Masan denies mobilising investment in animal feed segment

Local food giant Masan denied news about its $1 billion capital mobilisation in animal feed published on Bloomberg recently.
developing groups on a global scale

Developing groups on a global scale

Private conglomerates have been making a splash in recent times, with big names like Vingroup, Masan Group, and Nova Group starting to turn heads outside the country. Van Dong and Minh Tam from Viet Dragon Securities look into the country’s current situation and point out the pros and cons facing Vietnamese groups on the way to reaching regional and global status.
rising material and feed costs bridle husbandry companies

Rising material and feed costs bridle husbandry companies

Husbandry companies are being squeezed on two fronts, with prices for poultry and cattle stagnating and  falling in some cases while animal feed material prices have been surging, pushing many to temporarily halt production or even declare bankruptcy.
masan high tech materials reports year full of advances

Masan High-Tech Materials reports year full of advances

Masan High-Tech Materials (HNX-UpCOM: MSR) organised its 2021 annual general meeting with the theme “Go Global”, reporting a successful 2020.
sk group to acquire 1626 per cent stake in vincommerce

SK Group to acquire 16.26 per cent stake in VinCommerce

Masan Group Corporation and SK Group today announced the signing of definitive agreements for SK’s acquisition of a 16.26 per cent stake in VinCommerce (VCM) for a total cash consideration of $410 million. The transaction values VCM at $2.5 billion.
vincommerce realisation of masan group point of life business strategy

VinCommerce, realisation of Masan Group “Point of Life” business strategy

More than a year under one roof with Masan Group now, the well-conceived restructuring strategy has brought a facelift to the operations of VinCommerce, Vietnam’s leading retail platform.    
domestic food and beverage industry has development potential

Domestic food and beverage industry has development potential

The domestic food and beverage market has great potential for development despite the difficulties caused by the COVID-19 pandemic, according to experts.