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Alibaba buys into Masan’s retail arm

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.

Which brands dominate Vietnam’s supermarket segment

While the hypermarket segment is dominated by foreign players, key players in supermarket segment are locals.

Danish firm eyes $10-billion offshore wind project in Binh Thuan

With a potential capacity of 3.5 GW, the La Gan offshore wind project in Binh Thuan province is one of the first large scale offshore wind projects in Vietnam.

URC Vietnam raises environment protection awareness

As a leading corporation in food and beverage industry as well as a member of the Packaging Recycling Organzation Vietnam (PRO Vietnam), URC Vietnam always pioneers in the field of sustainable development.

Thai firm acquires 2 onshore wind farm projects in Vietnam

Thailand’s Gulf Energy Development PCL has affirmed its $200 million investment to acquire 100% shares in two wind power plants in Vietnam, namely Ia Pech 1 and Ia Pech 2.

WHA continuing to expand in Vietnam as strategic initiative after Covid-19

David Nardone, group executive - industrial and international, WHA Industrial Development Plc believes that the opportunities in Vietnam are substantial and attractive, especially after its effective response to the Covid-19 pandemic.

Foreign investors enter into a $650 million investment in Vinhomes

A consortium led by KKR that includes Temasek has completed the acquisition of an investment in Vinhomes Joint Stock Company, the leading integrated real estate developer in Vietnam.

Thaibev denies rumors on selling Sabeco

Thai Beverage Public Company Limited (Thaibev) has clarified these claims that it is seeking a buyer for its businesses in Vietnam are entirely without merit and confirmed that it has no intention of selling its part in Vietnam in any way.

Heir to the legacy of Vietnam's king of ships

Inspired by the heritage and noble spirit of the entrepreneur, Bach Thai Buoi, who was recognized as the ‘king of ships’ in Vietnam in the early 20th century, Lux Group founder Pham Ha rewrites the story of the country's cruise industry.

Vietnam Airlines suffers $102 million loss in Q1

The national carrier is seeking $500 million government support as it is struggling amid the Covid-19 pandemic.

Sun Group focuses on new developments during Covid-19 disruption

Vietnam’s premier developer of modern entertainment complexes has acted to protect the health of the general community as well as tourists and staff. The temporary closure will allow Sun Group to devote energy to preparing many exciting new developments that will be rolled out when Covid-19 is deemed to be no longer a threat and help Vietnam’s tourism industry recover.

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