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Why Vingroup’s airline venture was grounded

Why Vingroup’s airline venture was grounded

Vietnam’s aviation market presents a stiff challenge, even for a conglomerate like Vingroup, which has decided discretion is the better part of valor.
Vingroup grounds aviation plans

Vingroup grounds aviation plans

Conglomerate Vingroup has withdrawn its proposal to establish Vinpearl Air, pulling out of the aviation market to focus on manufacturing.
January 14, 2020 | 02:32 pm GMT+7
Masan takes over Vingroup retail subsidiary

Masan takes over Vingroup retail subsidiary

Masan has acquired an 83.74 percent stake in the Vingroup subsidiary that owns VinMart following their merger deal last month.
January 02, 2020 | 12:35 pm GMT+7
Finance industry rules Forbes Vietnam's top 100

Finance industry rules Forbes Vietnam's top 100

Forbes Vietnam’s list of 100 largest public companies has seen the dominance of banks, with 22 representatives ranked.  
December 31, 2019 | 04:00 pm GMT+7
Retail, banking sectors see big-ticket M&A deals in 2019

Retail, banking sectors see big-ticket M&A deals in 2019

Acquisitions worth well over a billion dollars took place this year in retail and banking, and the trend could persist in 2020, experts say.
December 18, 2019 | 02:54 pm GMT+7
Fish sauce magnate off Forbes billionaires list

Fish sauce magnate off Forbes billionaires list

Masan Group founder Nguyen Dang Quang is no longer on Forbes’ list of billionaires after his total assets fell 25 percent since March to $980.8 million.
December 11, 2019 | 07:52 pm GMT+7
Winners and losers in Vietnam’s retail market

Winners and losers in Vietnam’s retail market

In the last decade the entry of new players into Vietnam’s retail market has forced some old ones out and intensified competition.
December 11, 2019 | 11:03 am GMT+7
What Vingroup and Masan hope to acquire from their retail merger

What Vingroup and Masan hope to acquire from their retail merger

Vingroup wants to focus energies on its core sectors, technology and production; the Vinmart network fits right into Masan’s consumer retail expansion plans.
December 04, 2019 | 08:29 pm GMT+7
Foreign investors continue to offload Masan Group stock

Foreign investors continue to offload Masan Group stock

There has been a sell-off in Masan Group shares by foreign investors after it announced a merger with Vingroup on Tuesday. 
December 04, 2019 | 08:25 pm GMT+7
VN-Index plunges to 5-month low

VN-Index plunges to 5-month low

Vietnam’s benchmark VN-Index fell 5.88 points or 0.61 percent to 953.43 points Tuesday afternoon, its lowest point since July 1.
December 03, 2019 | 06:01 pm GMT+7
Mixed movements for Masan, Vingroup shares after merger news

Mixed movements for Masan, Vingroup shares after merger news

Masan Group shares fell while those of its subsidiary skyrocketed after private conglomerate Vingroup announced a retail merger deal between the companies.
December 03, 2019 | 03:58 pm GMT+7
Vingroup, Masan strike merger deal on Vietnam's largest retail chains

Vingroup, Masan strike merger deal on Vietnam's largest retail chains

Vingroup and Masan have agreed to merge their units and form a new retail company which will be operated by the latter.
December 03, 2019 | 03:07 pm GMT+7
Vingroup sole private company in Vietnam’s 10 largest

Vingroup sole private company in Vietnam’s 10 largest

Vingroup remains the only private company among the list of 10 largest by revenue in Vietnam in 2019.
November 28, 2019 | 10:41 am GMT+7
Vingroup unit partners with Google to make TVs

Vingroup unit partners with Google to make TVs

VinSmart, a unit of private conglomerate Vingroup, will produce smart televisions in partnership with Google, the company announced Wednesday.
November 20, 2019 | 04:00 pm GMT+7
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