WinCommerce to open 720 more WinMart, WinMart+ stores Business

WinCommerce to open 720 more WinMart, WinMart+ stores

WinCommerce, the retail arm of Masan Group, which operates WinMart/WinMart+ supermarkets and minimarts, has planned to open over 700 new WinMart+ stores and more than 20 WinMart supermarkets and hypermarkets in the remaining months of 2022.
The CrownX raises 350 million USD in final chapter of funding Business

The CrownX raises 350 million USD in final chapter of funding

Masan Group Corporation on December 13 announced it has signed a deal for 350 million USD primary investment in The CrownX Corporation (TCX) by a consortium of investors comprising TPG, Platinum Orchid – wholly owned by the Abu Dhabi Investment Authority, and SeaTown Master Fund – managed by an indirect subsidiary of Temasek Holdings.
Vietnamese e-commerce market receives huge investment Business

Vietnamese e-commerce market receives huge investment

Telio, the first business-to-business (B2B) e-commerce platform in Vietnam, has received funding of 22.5 million USD from Vietnamese tech unicorn VNG, raising total investment that it had attracted as of September 2021 to 51 million USD.
 Foreign investors maintain interest in Vietnam Business

Foreign investors maintain interest in Vietnam

Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.
Masan net revenue up 13.3 percent in Q1 Business

Masan net revenue up 13.3 percent in Q1

Masan Group Corporation's consolidated net revenue increased by 13.3 percent in Q1 to 19.977 trillion VND (862.53 million USD), primarily due to double-digit organic growth in its branded consumer and meat businesses and 178.2 percent growth by Masan High-Tech Materials (MHT) due to H.C. Starck (HCS).
Masan revenues surge in Q1 Business

Masan revenues surge in Q1

Masan Group Corporation (HOSE: MSN) has reported consolidated net revenues of 17.632 trillion VND (753.08 million USD) in the first quarter of financial year 2020, a year-on-year increase of 116.1 percent.