Masan Group Corporation, (), is among the top three largest

private sector The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government. Employment The ...

companies in

Vietnam Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making i ...

in terms of

market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by t ...

. The group was founded and is headquartered in

Ho Chi Minh city , population_density_km2 = 4,292 , population_density_metro_km2 = 697.2 , population_demonym = Saigonese , blank_name = GRP (Nominal) , blank_info = 2019 , blank1_name = – Total , blank1_ ...

. Its

subsidiaries A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sa ...

include Masan Food (consumer staples),

Techcombank Vietnam Technological and Commercial Joint Stock Bank, commonly referred to as Techcombank, is a publicly listed Vietnamese bank. Its shares are traded on the Ho Chi Minh City Stock Exchange under ticker TCB. History and ownership Techcombank ...

(financial services) and Masan Resources (mining). The group launched on the

Ho Chi Minh Stock Exchange Ho Chi Minh Stock Exchange (HOSE), formerly known as HCM Securities Trading Center, is a stock exchange in Ho Chi Minh City, Vietnam. It was established in 1998 under Decision No. 127/1998/QD-TTg of the Prime Minister of Vietnam. HCM Securities ...

on 5 November 2009. Masan Group was among the first domestic Vietnamese corporations to adopt a growth strategy that taps foreign sources of capital for acquisition-driven expansion. In April 2011, the group's subsidiary Masan Consumer Corp. became the recipient of Vietnam's largest private-equity investment when

KKR KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strateg ...

paid US$159 million for a 10% stake in the company. This investment was viewed as a validation of Vietnam's M&A potential. The company was founded by its chairman, Nguyen Dang Quang, who following a doubling of the share price in the six months to January 2018, had a net worth of US$1.2 billion. In December 2019, Masan Group acquired a controlling stake in

VinGroup Vingroup Joint Stock Company (), is the largest conglomerate of Vietnam, focusing on technology, industry, real estate development, retail, and services ranging from healthcare to hospitality. The company was founded by property developer and en ...

's retail division VinCommerce, which operates under the VinMart brand.

References

External link

* {{Official website, https://www.masanconsumer.com/ Vietnamese companies established in 1996 Companies based in Ho Chi Minh City Conglomerate companies established in 1996