VinCommerce

Update news VinCommerce

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It is unclear whether the GIC-led consortium has fully withdrawn from VCM or transferred its stake to other investors.

2019 retail market: Vingroup, Auchan leave, e-commerce websites shut down

A lot of events happened in 2019, including merger and acquisitions (M&As). Meanwhile, some e-commerce websites stopped their operation.

After Vinmart, Masan targets US$28-million stake of local Net Detergent

In less than a month, Masan Consumer, a consumer business of major conglomerate Masan Group, has initiated two deals to take its businesses beyond the food and beverage sector.

Adayroi closes following VinMart merger

All operations of Vingroup’s e-commerce platform Adayroi stopped since yesterday (December 17) evening.

Vingroup quits retailing to focus on tech, industrial sectors

Vingroup, Vietnam’s largest private firm by market value, has given up control of its retail unit as it wants to concentrate on the technological and industrial sectors.

Merger may bring retail renaissance

Vietnam’s largest conglomerate Vingroup has announced the sale of its retail and agricultural arms to Masan Group. 

M&A in Vietnam’s retail industry on the rise in 2019

Retail is attractive for investors as the industry has advantages after foreign wholly-owned retail firms have been allowed to set up in Vietnam and taxes imposed on most of goods imported from other ASEAN countries to Vietnam are exempted.