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Vietnam’s Masan eyes international IPO for retail unit in 2023-2024

Vietnam's Masan eyes international IPO for retail unit in 2023-2024

Conglomerate Masan said it was considering launching an international initial public offering for its consumer retail unit The CrownX in 2023-2024 after raising a further $350 million from a consortium of investors. The consortium of investors comprised private equity firm TPG, Platinum Orchid, a wholly owned subsidiary of the Abu …

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Vingroup begins construction of $174 mln car battery plant

Vingroup has started construction of a VND4 trillion ($174.14 million) car battery plant in the central province of Ha Tinh. VinES, located in the Vung Ang Economic Zone, will have a capacity of 100,000 battery packs a year in the first phase of and one million in the second. The …

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