Masan

Update news Masan

Masan Consumer had neither exported nor sold Omachi shrimp flavoured instant noodles directly to Qianyu Co., Ltd to export to Taiwan (China), the Vietnamese firm said on August 24.

Billionaire Nguyen Dang Quang invests VND300 billion in telecom

Billionaire Nguyen Dang Quang, Chairman of Masan Group, has made new strides in conquering the Vietnamese telecom market by acquiring 70% shares of Mobicast JSC with a total value of VND295.5 billion (over $14 million).

 

Vietnamese billionaire enters $10 billion pork, animal feed market

After successfully entering the fish sauce market, billionaire Nguyen Dang Quang has invested in two segments with high potential: the US$10 billion pork and animal feed market.

 

Securities firms raise Masan target price 20-29% over market price

Many domestic and foreign financial institutions have raised the target price for Masan Group’s share (MSN) by 20-29 per cent over the market price as this group reaps the initial successes of its "Point of Life" offline-to-online platform.

Attracting billions of USD, VN billionaire acquires many local brands

The flow of international capital has helped Vietnamese businesses grow quickly and build multi-sectoral businesses via big mergers and acquisition deals.

VN tycoon considers major deal, competes with foreign rivals in $10bil market segment

Masan Group billionaire Nguyen Dang Quang is considering a billion-dollar deal in an area that is Vietnam's strength but has been controlled by large foreign corporations for the past decade.

Alibaba and partners invest 400 million USD in Vietnam’s retail company

Masan Group Corporation and a consortium, including Chinese e-commerce giant Alibaba Group and Baring Private Equity Asia, on May 18 announced the signing of definitive agreements 

Owner of US$7 billion system, billionaire Nguyen Dang Quang takes new step

After Masan Group's acquisition of Vingroup’s retail chain, Masan’s Nguyen Dang Quang took great steps to master the $7 billion system and form an ecosystem for Vietnamese people.

Hundreds of VinMart+ stores will be closed

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

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.

Price of pork in VN rides high as supply refuses to rise

There is likely false play in the way livestock companies calculate the selling price of live pigs, which is helping them maintain stellar profits in spite of the government’s calls to stabilise prices.  

Singapore’s GIC, Credit Suisse no longer hold shares of Vinmart operator?

It is unclear whether the GIC-led consortium has fully withdrawn from VCM or transferred its stake to other investors.

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 current losses, the retailer expects to turn a profit next year.

Masan to close ineffective VinMart, VinMart+ stores

Masan Group intends to close up to 10 VinMart supermarkets and 150-300 VinMart+ convenience stores that have performed poorly and will open 20-30 new VinMart supermarkets and 300-500 VinMart+ stores this year.

 

Vietnam among the most attractive stock markets in 2019

Vietnam was still attractive to investors in 2019 despite global caution about US President Donald Trump’s policies.

Vietnamese retail market experiences costly competition

Besides rapid urbanization, the rising income of consumers is one of the reasons for the booming of the Vietnamese retail market.

Vietnamese billionaires join hands to develop domestic retail network

The market needs more cooperation among Vietnamese retailers amid the massive influx of foreign retailers, experts say.

S.Korea’s SK Group sets up US$860-million investment fund in Vietnam

Both SK Group and South Korea’s National Pension Service (NPS) would contribute US$430 million to the fund.

What's behind Masan-Vingroup merger?

Vingroup is now able to focus on its core businesses while Masan found its last piece of a puzzle to build an empire of consumer retail.

FMCG market: the race is in the high-end segment

VietNamNet Bridge - The FMCG sector in Vietnam is predicted to continue to have a growth rate of 20 percent per annum until 2025.