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US cherry prices hit record lows in Vietnam

US cherry prices hit record lows in Vietnam

China’s high tariffs on cherries imported from the U.S. have caused the prices of the fruit to plunge to record low levels in Vietnam.
WinMart launches Russia Corner shopping space in Hanoi

WinMart launches Russia Corner shopping space in Hanoi

Masan Group honored for outstanding M&A strategy

Masan Group honored for outstanding M&A strategy

Thai giant Central Retail posts over $1B revenue in Vietnam over first 9 months of 2024

Thai giant Central Retail posts over $1B revenue in Vietnam over first 9 months of 2024

Central Retail, Thailand’s top retail group, has marginally boosted its revenue in Vietnam, reaching VND27.628 trillion (US$1.09 billion) in the first nine months of this year.
November 16, 2024 | 10:55 pm PT
Winmart operator reports first profit since 2021

Winmart operator reports first profit since 2021

WinCommerce, the operator of Winmart retail chain, has reported profits of VND20 billion (US$787,400) for the third quarter, its first quarterly profit since 2021.
October 24, 2024 | 07:34 pm PT
Masan Consumer transfers listing to HoSE, issues additional shares

Masan Consumer transfers listing to HoSE, issues additional shares

Masan Consumer has unveiled a plan to upgrade its MCH listing to the Ho Chi Minh Stock Exchange (HoSE), aiming to enhance the valuation of Masan's stocks, including MCH and MSN, as of Sept. 26.
October 8, 2024 | 11:30 pm PT
Masan expects Q3 profit to exceed Q2

Masan expects Q3 profit to exceed Q2

Michael Hung Nguyen, Deputy CEO of Masan Group, said that Masan's profit in the third quarter is expected to be higher than the second.
October 1, 2024 | 05:30 pm PT
Masan buys back WinCommerce stake from South Korea’s SK Group

Masan buys back WinCommerce stake from South Korea’s SK Group

Masan Group has reacquired for US$200 million a 7.1% stake in its retail arm WinCommerce that it had previously sold to South Korean conglomerate SK Group.
September 4, 2024 | 11:32 pm PT
WinCommerce's strategy for sustainable growth

WinCommerce's strategy for sustainable growth

After more than four years under Masan's ownership, WinCommerce has enhanced its synergy with other components of Masan's consumer-retail ecosystem, aiming for a path of sustainable, profitable growth.
August 29, 2024 | 05:00 pm PT
How WinCommerce modernizes grocery retail in Vietnam

How WinCommerce modernizes grocery retail in Vietnam

WinCommerce, Masan Group's retail arm, is modernizing grocery retail in Vietnam with its "New Commerce" consumer model.
August 23, 2024 | 06:30 pm PT
Masan's WinCommerce growth mirrors Indian giant Reliance Retail

Masan's WinCommerce growth mirrors Indian giant Reliance Retail

Masan's WinCommerce shares similarities with India's largest retailer, Reliance Retail, which started from essential retail and then expanded to other areas such as telecommunications, online grocery, and technology.
August 22, 2024 | 07:00 pm PT
Masan builds multinational workforce to drive 'Go Global' strategy

Masan builds multinational workforce to drive 'Go Global' strategy

With a diverse range of business activities and products consumed in markets worldwide, Masan Group boasts a substantial workforce of nearly 40,000 employees, spanning multiple countries including Vietnam, the U.S., Australia, and India.
August 14, 2024 | 09:00 pm PT
How major retail players WinCommerce, Bach Hoa Xanh navigate Vietnam market

How major retail players WinCommerce, Bach Hoa Xanh navigate Vietnam market

The country’s two biggest retailers of consumer goods, WinCommerce and Bach Hoa Xanh, have differing growth strategies.
May 13, 2024 | 11:50 pm PT
Masan uses M&A to increase shareholder value

Masan uses M&A to increase shareholder value

Masan Group was honored for having an outstanding M&A strategy during 2009-2023 at the Vietnam Business Mergers and Acquisitions Forum 2023 on Nov. 28.
November 29, 2023 | 04:00 am PT
Masan's approach to boost WinCommerce growth

Masan's approach to boost WinCommerce growth

In order to draw end-of-year shoppers to its WinCommerce stores, Masan Group will concentrate on enhancing store models and increasing benefits for members.
November 22, 2023 | 05:00 pm PT
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