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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.

F&B's role in handling plastic waste

Businesses in the food and beverage sector play a crucial role in orienting consumers to change their awareness and behaviours towards plastic waste.

Consumers show power in environmental protection

Consumers need to use their power in making purchasing decisions to express their attitudes towards businesses that are irresponsible to the environment, thereby creating pressure to promote sustainable production and consumption.

BIM Land raises $200 million via offshore bond

This is BIM Land's first offshore bond issue after it borrowed about $140 million from IFC and Credit Suisse in 2019.

SK Group chips in VinCommerce

Transaction values VinCommerce at $2.5 billion for 100 per cent of its equity.

Novaland partners Michael Dukakis to promote $5-billion tourism city

The Vietnamese property developer continues to approach the world’s leading consultants to hasten the development of the mammoth NovaWorld Phan Thiet tourism city.

Mitsubishi Materials to chip in $90 million to buy into Masan mining unit

Masan High-Tech Materials Corporation on October 26 signed definitive agreements to establish a strategic alliance in the tungsten industry with Mitsubishi Materials Corporation with an objective to develop a leading, high-tech tungsten materials platform.

Logistics firm gets $70 million-funding from IFC

The funding will help ITL transform and grow by acquiring new assets, developing new warehouses and facilities, and deploying advanced information technology systems.

Vingroup affiliate joins FIDO Alliance

VinCSS LLC, a cybersecurity startup under Vietnam’s largest private conglomerate Vingroup announced it has joined the FIDO Alliance. VinCSS provides robust solutions for strong authentication by leveraging open authentication standards that eliminate the reliance on passwords enable secured utilization of FIDO2 standard.

Thai Vietjet commences 10th domestic route in Thailand

Thai Vietjet has inaugurated its maiden flight from capital city of Bangkok (Suvarnabhumi Airport) to Nakhon Si Thammarat, an administrative center of southern Thailand and one of the most ancient cities of the country.

M&A deal making in uncertain times introduces new considerations

The impacts of the Covid-19 outbreak are drastically altering the global economic landscape, disrupting mergers and acquisitions (M&A) environment and opening up new deal considerations for any party involved.

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