Masan Group
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Masan Group Corporation, (), is among the top three largest conglomerate
private sector The private sector is the part of the economy 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 private sector employs most of the workfo ...
companies in
Vietnam Vietnam, officially the Socialist Republic of Vietnam (SRV), is a country at the eastern edge of mainland Southeast Asia, with an area of about and a population of over 100 million, making it the world's List of countries and depende ...
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 ...
. The group was founded and is headquartered in
Ho Chi Minh city Ho Chi Minh City (HCMC) ('','' TP.HCM; ), commonly known as Saigon (; ), is the most populous city in Vietnam with a population of around 14 million in 2025. The city's geography is defined by rivers and canals, of which the largest is Saigo ...
. Its
subsidiaries A subsidiary, subsidiary company, or daughter company is a company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unl ...
include Masan Consumer Holdings (consumer staples), Techcombank (financial services) and Masan Resources (mining). The group launched on the
Ho Chi Minh Stock Exchange Ho Chi Minh Stock Exchange (HOSE, HoSE, or HSX), formerly the HCMC Securities Trading Center (HoSTC), 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 Vietna ...
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 may refer to: * KKR & Co., a global investment firm *Kolkata Knight Riders, an Indian Premier League franchise * Rheinsberg Nuclear Power Plant (), first nuclear power plant in the former East Germany * Kalkara, Malta, postal code KKR *Kir-Bala ...
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 Nguyễn Đăng Quang (born 23 August 1963) is a Vietnamese billionaire businessman. Quang is the co-founder and chairman of Masan Group, a consumer goods company best known for selling fish sauce, instant noodles, chili sauce, sausages, and ani ...
, 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 JSC () is a Vietnamese conglomerate headquartered in Long Bien district, Hanoi. Vingroup is one of the largest conglomerates of Vietnam, focusing on technology, industry, real estate development, retail and services from healthcare to ...
's retail division VinCommerce, which operates under the
VinMart Masan Group Corporation, (), is among the top three largest conglomerate private sector companies in Vietnam in terms of market capitalization. The group was founded and is headquartered in Ho Chi Minh city. Its subsidiaries include Masan Consume ...
brand.


References


External links

* {{Official website, https://www.masanconsumer.com/ Vietnamese companies established in 1996 Companies based in Ho Chi Minh City Conglomerate companies established in 1996 Companies in the VN30 Equal Weight Index Kohlberg Kravis Roberts companies