Masan subsidiary to buy tungsten business from German firm

Giant food company Masan hopes to raise VND1.5 trillion ($64.7 million) by issuing three-year bonds this month to restructure debts.

Budget airline Vietjet and food producer Masan have spent VND387 billion ($16.62 million) on the bonds issued by stock brokerage firm Viet Capital Securities.

Japan has recalled 18,168 chili sauce bottles from Vietnam for violating food safety and food labeling laws.

South Korean conglomerate SK Group plans to acquire a $1 billion stake in Vietnam’s largest private  conglomerate Vingroup, Bloomberg reported.

Two new Vietnamese names on Forbes magazine’s 2019 billionaire list are long-standing business partners.

The number of billionaires in Vietnam has risen to five in Forbes magazine’s 2019 list of world’s richest people released Tuesday.

Masan Group founder Nguyen Dang Quang is now worth an estimated $1.2 billion.

More than half of the investment is poured into Masan’s meat subsidiary.

PM Nguyen Xuan Phuc orders the inspection.

Masan Group’s revenue surged nearly 84 percent to $850 million in the first half of 2016.

Masan Consumer JSC has announced plans to expand its market share among ASEAN's 250 million consumers with Thailand as its first target through a partnership with Singha.