HCMC asked Samsung Electronics HCMC CE Complex and other firms with factories in the Saigon Hi-Tech Park to suspend operations and set up on-site sleeping accommodations for workers amid the virus outbreak.
The Sherpa, a Masan subsidiary, has acquired 70% of Mobicast shares. What advantages does this group offer to enter into telecommunications and digital services game which is dominated by telecom giants?
The Sherpa, a subsidiary of Masan Group has announced its entry into telecom after closing the acquisition of 70% of Mobicast JSC for a total cash of VND295.5 billion ($13 million).
Masan MEATLife Corporation, a unit of Masan Group signed an MOU with De Heus Vietnam to form a strategic partnership to raise the productivity of the Animal Protein Value Chain, statement said.
- Entering into telecommunications and digital services play, what competitive edge does Masan offer? 1
- Masan acquires 70% stake of a mobile network operator Mobicast 2
- Masan subsidiary forms strategic partnership with De Heus Vietnam 3
- BuyMed raises $9 mln Series A after posting 4X revenue growth in the past year 4
- Masan share price forecast to rise almost 30% on projected stronger sales 5
- PNJ Jewelry firm’s six-month profit rises 67.4% to $32 million 6
BuyMed, the operator of Thuocsi.vn, Vietnam’s largest online pharma distribution marketplace, has raised $9 million through Series A financing round, according to the company’s statement.
Major securities firms have recommended a BUY for Masan while giving positive forecasts on the Vietnamese conglomerate 's business results.
Vietnamese Jewelry maker has recorded VND736 billion ($32 million) after-tax profit, up 67.4% from a year earlier, according to the company’s statement.
Vietnam's first domestic car manufacturer, Vinfast, said on Monday it has opened offices in North America and Europe, joining a crowded field of players seeking to woo customers with smart electric cars.
State energy firm PetroVietnam reported VND21.3 trillion ($927 million) pretax profit in the first 6 months of 2021, three times higher than the same period of last year.
Leading securities firms have raised Masan share price target with a buy recommendation when its retail arm VinCommerce starts to collect profits.
Vietnam’s Nguyen Hoang Group, a world-class international education service provider, has recently signed its inaugural offshore term loan facility with Standard Chartered Bank.
Masan Group has raised holding stake in its subsidiary The CrownX to 84.9% from 80.2% from acquiring shares from minority shareholders, company said in a statement.
Budget carrier Vietjet Air plans to sell over 81 million shares equivalent to as much as 15 percent stake in a private placement, according to shareholders’ meeting held on Tuesday.
Mobile World Group (HoSE: MWG) reported Jan.-May net profit after tax at VND2,172 billion ($92 million) on VND51,830 billion ($2.24 billion) revenue, up 26% and 9% respectively.
Vietnam Airlines, which is on the edge of bankruptcy, will get VND4 trillion ($173.7 million) in loans from three banks, according to a State Bank of Vietnam official on Monday.
Despite COVID-19 pandemic hit the economy, Phu Nhuan Jewelry (HoSE: PNJ) has reported Jan-May post-tax profit at VND685 billion ($29.8 million), up 90.6% from a year ago, according to company statement.