VinCommerce General Commercial Services Joint Stock Company (VCM), a retail affiliate of Masan Group (Masan) on Sunday bought a ‘Khoe manh trong mua dich’ insurance package from the Military Insurance Corporation for Masan’s employees and partners.
VinCommerce, the grocery retail subsidiary of conglomerate Masan, is selling Luc Ngan lychee from Bac Giang Province at its more than 2,500 VinMart supermarkets and VinMart+ convenience stores nation-wide.
SK Group on April 6 announced the signing of an agreement with Masan Group Corporation (HOSE: MSN) to acquire a 16.26 per cent stake in VinCommerce, one of Masan’s subsidiaries, for a cash consideration of US$410 million.
Masan Group Corporation was one of the top 10 companiesin terms of investment and M&A deals in 2019-20, with its subsidiaries striking deals with VinCommerce, Starck, NET, and 3F.
VinCommerce, the modern grocery retail subsidiary of conglomerate Masan, has set a target of having over 300 VinMart supermarkets and nearly 10,000 VinMart+ convenience stores by 2025, making it the first choice of partners to serve millions of customers and...
Masan Group Corporation plans to issue VND8 trillion (US$345.4 million) worth of bonds to increase its working capital and repay the debts it owes following the acquisition of VinCommerce, operator of the VinMart and VinMart+ retail chains.
After purchasing the retail chain from Vingroup’s VinCommerce earlier this month, Masan Group plans to close hundreds of ineffective VinMart and VinMart + stores.
Vietnamese conglomerate Vingroup said on Tuesday it has entered into a share swap agreement to merge its retail and agriculture arms with Masan Consumer Holdings, to the country’s biggest retail company.
VinCommerce General Commercial Service JSC, the owner of VinMart and VinMart+, has won the award for “Green Retailer” from the Federation of Asia-Pacific Retailers Association, or FAPRA.
On Wednesday, Vingroup affiliate VinCommerce and Australia-based XAct Solutions Company signed a co-operation contract to develop an international-standard supply chain for VinCommerce.
VinCommerce General Commercial Service JSC, the owner of VinMart and VinMart+, won the 2019 Asia Responsible Enterprise Award in Taiwan last week to become the first Vietnamese winner of the award.