Private sector company Masan Group has announced that its consumer goods arm - Masan Consumer - would purchase 24.9 per cent of bottled beverage company Vinh Hao.
Private sector company Masan Group (MSN) has announced that its consumer goods arm - Masan Consumer - would purchase 24.9 per cent of bottled beverage company Vinh Hao. On the back of the transaction, Masan Consumer plans to launch a cash tender offer process at similar commercial terms to increase its stake. The potential transaction and tender offer will be subject to customary corporate and regulatory approval.
Established in 1930, Vinh Hao was Vietnam's first domestic mineral water producer. Its portfolio comprises of mineral water, purified water and mineral water based soft drinks. Masan Consumer is currently a market leader in sauces, instant noodles and instant coffee.
Haiphong police have arrested two Chinese nationals wanted by authorities in China, bringing the number of Chinese fugitives captured in the city to...
More than 250 people were hospitalised after eating banh mi in Gia Lai, with tests identifying Salmonella bacteria in several ingredients used by the...
Five medical professionals travelling as passengers helped deliver a premature baby on a Vietnam-bound flight after a pregnant woman went into labour...
Hanoi plans a major transformation of the Red River corridor, with housing for up to 1.2 million residents, a new riverside boulevard and a proposed...
