Masan

Update news Masan

PE firm KKR sells Masan shares

US private equity firm KKR & Co, formerly known as Kohlberg Kravis Roberts & Co LP, sold half of its holdings in Viet Nam's leading consumer goods company Masan Consumer.

BUSINESS IN BRIEF 25/1

 Retailers face foreign competition; Firms urged to prepare for AEC; VN Steel Corp to withdraw from non-core sectors; Rubber industry faces falling prices; SBV looks set to resolve weak banks in 2015

BUSINESS IN BRIEF 15/12

PVN extracts more crude despite falling prices; Standard Chartered issues bonds for Masan; Sacomreal issues shares to raise capital; Government bond yield rises; State fertiliser firm raises $74m in IPO; Debt trading company increases charter capital

BUSINESS IN BRIEF 19/6

 Netherlands backs Mekong region; Eurocham upbeat about Vietnam’s business climate; Top 50 businesses in Vietnam named; Vietnam’s FDI attraction eyes prospective increase; Ford Vietnam reports best-ever performance in May

BUSINESS IN BRIEF 12/5

 Rice exports projected to reach 1.8m tonnes in Q2; Sugar industry tackles rising stockpiles; PM ratifies market development project; Vietnam requires dairy firms to set annual price caps; Vietnam opening the field for foreign firms

BUSINESS IN BRIEF 23/2

 New law gets tough to revoke business licences; MobiFone urged to detach from VNPT; Khanh Hoa scythes stalled projects; New IP looks to Korean investors; Vietnam mulls expanding cooperation with Samsung

New comer to trigger new battle on beverage market

 VietNamNet Bridge – Masan is just a “rookie” in the beverage market, but it is a name big enough for the experienced warriors to look out for.

BUSINESS IN BRIEF 13/7

 Low occupancy rates drive away hotel investment; $100m spent on highway upkeep; Furniture sector hit by price hikes; HCM City wholesale, retail buildings on rise

Food processors spend big money on marketing and distribution network

VietNamNet Bridge – Food processors tend to spend more money on marketing and the distribution networks.

U.S. investment fund pours $200 million in Masan

VietNamNet Bridge – An American investment fund has doubled its investment in Masan Consumer Corporation based on its trust in the potential development of Vietnam.

Despite economic downturn, FMCG manufacturers still see opportunities in VN

While most investors keep hesitant in making investment decisions at this moment, in the context of the economic downturn, fast moving consumer goods (FMCG) still march forward in the Vietnamese market.