Monday , November 25 2024

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Masan acquires majority stake in Phuc Long tea chain

Masan acquires majority stake in Phuc Long tea chain

Conglomerate Masan announced Wednesday that it has spent an additional $110 million to increase its ownership in the Phuc Long beverage chain from 31 percent to 51 percent. “Since Masan’s initial investment, Phuc Long has demonstrated strong synergies with MSN’s Point-of-Life strategy, which can now be accelerated with Phuc Long …

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Petal power: Hanoi flower vendor image scoops int’l prize

A photo capturing a flower vendor biking in Hanoi was among 65 winners in the National Awards program of Sony World Photography Awards 2022. The shot taken by Nguyen Phuc Thanh shows a vendor riding her bicycle full of fresh flowers past Hanoi’s Ceramic Road that spans almost 4,000 meters …

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Vietnam confirms 23,953 new cases

The Health Ministry announced 23,953 new domestic Covid-19 patients Wednesday, up 9.4 percent from Tuesday. Most of the new cases were detected in Hanoi at 2,949, followed by Nghe An Province with 1,900 cases and Hai Phong City, 1,295 cases. In the past 24 hours, 93 Covid-19 patients have died, …

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