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Japan’s fashion brand MUJI to open first store in Vietnam

Japanese household products and apparel chain Muji plans to open its first outlet in Vietnam despite the COVID-19 pandemic, the retailer announced on its Facebook page.

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Masan spends $1bln to increase stake in new-established The CrownX

Vietnamese private conglomerate Masan Group has passed a Board of Directors resolution to acquire an additional 15% stake in The CrownX for $1 billion, according to information on Tuesday shareholders’ meeting.

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Manulife is leading bidder for Aviva Vietnam insurer unit

Manulife Financial Corp. is emerging as the leading bidder for Aviva Plc’s Vietnamese unit as it eyes further expansion in southeast Asia, according to people familiar with the matter.