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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.

Vinpearl temporarily closes seven hotels as coronavirus takes toll on travel

Vinpearl, one of the biggest hotel operators in the country, has decided to temporarily close seven hotels in Danang, Nha Trang and Phu Quoc.

VinFast sold 17,000 cars in a year

The Vietnamese auto maker also sold 50,000 electric bikes last year.

Pitfalls in Vietnam's promising retail market

Vietnam is a still young retail market and has lots of development potential.

Art of winning employees’ hearts and minds in BIMICO

Departing from the beaten track set by former state-owned enterprises changing to the joint stock company model is a tough challenge for any leader, especially young ones freshly taking over.

Ambition of Mirae Asset Securities Vietnam

After increasing charter capital to VND5,455 billion recently, Mirae Asset Securities Vietnam has become one of the largest securities companies in the country in term of the index.

Phu Long teams up with MJ to promote wellness services in Vietnam

The agreement is part of Phu Long’s ambitious plan to develop a mammoth resort paradise on Phu Quoc island with a focus on wellness tourism.

Sovico and Samsung SDS signs MoU on comprehensive strategic cooperation

Samsung SDS and Sovico Group today announced their comprehensive strategic cooperation in digital transformation and sharing joint business opportunities in the coming time.

E-commerce site Sendo raises $61 million

The investment represents Sendo’s largest funding round to date

BIM Land gets $50 million from foreign lenders

BIM Land now get up to $137 million in financing from IFC and Credit Suisse.

IHG ventures into Ho Tram Strip

The Grand Ho Tram to be rebranded as InterContinental Grand Ho Tram within a year, while the new build Holiday Inn Resort Ho Tram Beach to open in 2020.

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