Vietnam has six billionaires after chairman of Masan Group Nguyen Dang Quang rejoining the Forbes’ latest list of the world’s richest individuals.

The Masan Group Corporation (MSN) has been named in Fortune magazine’s first ever Fortune Southeast Asia 500 list.

Masan Group Corporation on April 23 announced that it has completed the mobilisation of US$250 billion from Bain Capital, a leading global private investment firm with assets worth US$180 billion under management.

VOV.VN - Nguyen Dang Quang, president of retail giant Masan Group, has been removed from Forbes’ list of global billionaires following his company’s shares plunging for four consecutive sessions between January 4 and January 9.

Vietnamese conglomerate Masan Group on October 2 said it has secured funding of at least US$200 million from Bain Capital, one of the world’s leading private investment firms with approximately US$175 billion in assets under management.

WinCommerce, a member of Masan Group, on January 15 held a ceremony to announce its change of the brand name of VinMart retail system into WinMart.

The chapter of the Vietnam Fatherland Front (VFF) in Ho Chi Minh City, on September 1, received medical supplies and necessities worth VND16 billion, which were donated by the Masan Group Corporation for 312 local communes and wards in support of the localities' COVID-19 prevention and control.

The Sherpa Company Limited, a subsidiary of Masan Group Corporation, has acquired a 20% stake in Phuc Long Heritage JSC, which owns one of the leading tea and coffee brands in Vietnam – Phuc Long, for US$15 million, according to an announcement.

Masan Group Corporation and a consortium, including Chinese e-commerce giant Alibaba Group and Baring Private Equity Asia, on May 18 announced the signing of definitive agreements for the acquisition of a 5.5% stake in The CrownX for a cash consideration of US$400 million.

VOV.VN - SK Group of the Republic of Korea (RoK) have unveiled plans to make a strategic investment into VinCommerce, the largest retailer in the country, as they strive to fully tap into the fast growing Vietnamese e-commerce market.