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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.

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.

VinaCapital Ventures leads investment into e-commerce platform Ecomobi

The technology holding company is leading a group investment in local social e-commerce platform Ecomobi in a bid to help the startup reach further into the region.

VinMart expands network with Queenland Mart buyout

Vingroup has acquired eight Queenland Mart stores in Ho Chi Minh City, enlarging its network of VinMart supermarkets and VinMart+ convenient stores to 2,122 outlets nationwide.

Digital transformation helps enterprises win in experience economy

Leveraging technology to create products, or rather experiences, for customers is a way for many firms to move on to the experience economy – the very next economy that follow the industrial and service ones.

Standard Chartered Vietnam boosts capital base with additional $100 million

The London-based bank has added some VND2.3 trillion ($100 million) into its tier-2 capital in a bid to reinforce its business operation in Vietnam.

Grab partners Sovico and injects additional $500 million into Vietnam for digital development

The amount will be spent over the next five years to help the multi-service super app tap opportunities in fintech, mobility solutions and logistics in Vietnam.

HSBC Vietnam rolls out supply chain finance platform

The London-based bank has launched its web-based supply chain finance in Vietnam to enhance trade experience for both buyers and suppliers.

Is trade war benefiting Vietnamese enterprises?

Vietnam has a rather similar export manufacturing capacity with China and this is helping the nation take over some of China’s key export items to the US as the US-China trade war is escalating, according to Fiingroup.

T&T Group changing face of Vietnam’s cashew nut market

The 176,000 tonnes of cashews that T&T Group has bought from Tanzania will bring a great deal of benefits to the local cashew market as well as enrich the global raw cashew supply.

Everest Education backed by $4 million in Series B funding

The Vietnamese education startup has raised $4 million in Series B round of funding led by Hong Kong-based investment firm Hendale Capital, together with Viet Capital Ventures and Southeast Asian-focused investor Nullabor.

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