A reputation can take years to build but seconds to break. Following a mega-deal with Masan Group, Lam Boi Minh, founder of the Phuc Long Coffee & Tea brand, spoke with VIR's Thanh Van about his expectations for the future of Phuc Long while taking a look back at the 50-year-old brand.
Employers across the board are sparing no effort on the path to becoming more sought after by the workforce.
The $250 million investment from Bain Capital into Masan Group stands among Vietnam's three largest equity deals in 2023.
On December 6, Masan Group Corporation announced that Bain Capital has agreed to increase its equity investment into Masan Group to $250 million from the previously announced $200 million.
Masan Group relies on three growth engines including network growth, member growth, and wallet share growth to realise its vision to become a consumer-tech platform.
Foreign investment funds are maintaining a keen interest in Vietnam’s consumer sector, underscoring its sustained allure for the booming consumer class.
Masan Group’s active engagements in mergers and acquisitions has helped it gain entry into new sectors in recent years and complete its retail consumer ecosystem.
Many economic experts believe that interest rates will continue to decrease from now until the end of the year, lending rates in particular. A series of fiscal policies, such as VAT reductions and salary increases, are also expected to stimulate domestic consumption. Vietnam's largest retail consumer outfit, Masan Group, is set to benefit significantly from these policies.
Masan High-Tech Materials, a Vietnamese company ranked third in the world for tungsten powders and tungsten carbide, is now planning to build a tungsten recycling plant in Thai Nguyen, with the ambition of making Vietnam the hub of tungsten innovation and sustainability in Asia. This is part of Masan High-Tech Material's Growth through Sustainability strategy, which is underpinned by the belief that sustainability is a journey, not a destination. CEO Craig Bradshaw spoke with VIR’s Bich Ngoc about this approach and its further developments.
Masan Group Corporation (HSX:MSN), released its unaudited management accounts for the first nine months of 2023 on October 30.
The green hydrogen ecosystem based on renewable energy is expected to contribute $40-$45 billion to Vietnam's GDP each year, according to the National Green Hydrogen Summit on October 28.
Masan High-Tech Materials has just earned the Great Place to Work – Vietnam 2023 certification by Great Place to Work, an international organisation specialising in workplace culture.
There are many compelling reasons for Bain Capital to choose Masan as its first strategic investment in Vietnam.
Bain Capital, a leading private investment firm with approximately $180 billion of assets under management, has agreed to invest at least $200 million of equity capital into Masan Group Corporation (HSX: MSN).
On September 16, Masan Group achieved distinction in two notable categories namely “Vietnam’s 50 Best Performing Companies” and "Billion Dollar Enterprise 2023," as recognised by Nhip Cau Dau Tu magazine.