The top 10 most valuable brands in Vietnam 2020 are worth US$8.1 billion, increasing by 17% from last year and accounting for 30% of the list’s total value, according to Forbes Vietnam magazine.
Vietnamese businesses have been investing heavily in the agro-processing sector in recent years, helping it develop sustainably and effectively adapt to natural disasters and diseases.
The National Pension Service of Korea recently launched a 860 million USD corporate partnership fund with SK Group of the Republic of Korea that will allow the latter to increase investment in Vietnamese firms Masan Group and Vingroup, according to the Korean Investors news outlet.
VOV.VN- Acquisitions worth well over a billion dollars took place this year in retail and banking, and the trend could persist in 2020, experts say.
Vingroup, Vietnam’s largest private firm by market value, has given up control of its retail unit as it wants to concentrate on the technological and industrial sectors.
Vietnamese conglomerate Vingroup said on December 3 it has entered into a share swap agreement to merge its retail and agriculture arms with Masan Consumer Holdings, to create the country’s biggest retail company.
A Vietnamese consumes nearly 55 instant noodle packets per year, higher than the world’s leading nations in instant noodle consumption, including China with an average of 31 packets for person, Indonesia with 46.4 and Japan with 45.8.
VOV.VN - The nation’s Chin-Su Chili Sauce, a product of Masan Consumer Corporation, officially went on sale in Japan from August 3 as announced on Vietnam Food Day, which was held in the consulate general of Vietnam in Osaka.
In 2018-2019, Vietnam continued to witness high-value mergers and acquisitions transactions in a variety of sectors, such as food manufacturing, real estate, banking, and retail.
Viet Capital Securities Joint Stock Company (VCSC) has announced the results of its bond issuance.
Vietnam’s dairy products will enter the Chinese market following the signing of documents between the two governments.
Masan Group Corp., has become the main sponsor of the 2019 V-League football tournament, the Vietnam Professional Football Company (VPF) announced on February 20.
The Department of Livestock Husbandry has said intensive efforts would be made to boost exports of animal products this year.
VOV.VN - A press conference, hosted by the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development (MARD in Hanoi on January 22, introduced a new forum to promote links between production and consumption of Vietnamese farm produce in 2019.
VOV.VN - Vietnam Airlines will work in collaboration with Masan and Vietravel to organise direct flights for Vietnamese football fans to travel to the AFC Asian Cup 2019 quarterfinals in Dubai in the United Arab Emirates (UAE) .
As many as 2,200 new agricultural enterprises were set up in 2018, up 12.3% compared to 2017 and pushing the total number of firms in the sector to 9,235, reported the Ministry of Agriculture and Rural Development (MARD).
One of Vietnam’s largest private conglomerates, Masan Group, has reported outstanding nine-month performance, leveraging its premiumisation and beverage strategy to double and triple the fast-moving consumer goods growth rate in the forthcoming years.
GIC Pte, Singapore’s sovereign wealth fund, has made huge investments in large Vietnamese firms such as VinHomes, Vietjet, Techcombank and Masan.
Masan Group Corporation has announced the completion of SK Group’s purchase of 109.89 million of its treasury shares at VND100,000 (US$4.28) per share for a total consideration of US$470 million.
SK Group is set to become the largest foreign shareholder in Vietnam's Masan Group by acquiring all its treasury shares.