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Alibaba buys into Masan’s retail arm

Chinese e-commerce giant Alibaba Group and Baring Private Equity Asia have paid $400 million to buy 5.5 per cent stake in The CrownX, retail unit of Vietnamese conglomerate Masan.

Masan to raise $65 million via upcoming bond issuance

Masan Group (HSX: MSN) is going to issue VND1.5 trillion ($65.21 million) worth of bonds this month in a bid to restructure its debts.

Vinhomes, Masan secure first spot among top corporate bond issuers

The first quarter saw the outstanding amount of local currency (LCY) corporate bonds reached some $4.34 billion, with growth declining 1.3 per cent quarter-on-quarter but rising 31.9 per cent year-on-year, according to ADB.

VIB stands behind the top instant noodle producer UNIBEN's success

Owing to financial support from Vietnam International Bank, UNIBEN has been able to invest vigorously in their factory and promote their marketing activities actively, allowing the company to gain the majority of the market shares of the instant noodle industry in rural areas.

Techcombank to sell nearly 17 million shares to an individual

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) will attain VND510 billion (roughly US$22.5 million) after selling nearly 17 million shares to an individual.

Masan earned profit of nearly US$47.3 million in the third quarter

Profit of Masan Group recovered after a sharp decline in the first half of 2017.

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