Masan Group Corporation wins the Community Initiative Award at the 2021Asia Corporate Excellence and Sustainability Awards (Photo courtesy of Masan)
Hanoi (VNA) – Masan Group Corporation has obtained the Community InitiativeAward at the 2021 Asia Corporate Excellence and Sustainability Awards.
The awards honour companies and individuals in Asia across avariety of leadership and corporate social responsibility categories, with theCommunity Initiative Award given to organisations that make great contributionsto creating development opportunities for communities through their initiativesand approaches.
The winners are chosen based on growth, human resources,creativity, and brand influence in Asia and their commitment to sustainabledevelopment goals.
꧒ In its eighth year now, the award saw 154 finalists selectedfrom 420 nominations from 15 countries.
Masan is knownas the leading consumer goods and retail corporation in Vietnam with a marketcapitalisation of 8 billion USD. The company said it considers sustainable development as astrategy to make a meaningful contribution to the development of communities.
🐻 In 2020, the company spent over 30 billion VND (1.32 million USD) to community activities. It donated more than 270 billion VND to the fight against the COVID-19 pandemic in 2021./.
The Sherpa Company Limited, a subsidiary of Masan Group Corporation, has acquired a 20-percent stake in Phuc Long Heritage JSC, which owns one of the leading tea and coffee brands in Vietnam – Phuc Long, for 15 million USD, according to an announcement.
The Masan Group Corporation and its subsidiary company, The CrownX, on July 1 announced the acquisition of the latter’s shares from minority shareholders, increasing Masan’s direct and indirect stakes in it from 80.2 percent to 84.9 percent.
The chapter of the Vietnam Fatherland Front (VFF) in Ho Chi Minh City, on September 1, received medical supplies and necessities worth 16 billion VND (701,477 USD), which were donated by the Masan Group Corporation for 312 local communes and wards in support of the localities' COVID-19 prevention and control.
De Heus Vietnam on November 5 announced the signing of a strategic agreement with Masan, pursuant to which De Heus will obtain control of 100 percent of the feed related business of MNS Feed (100 percent ANCO and 75.2 percent Proconco).
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
Masan Group Corporation wins the Community Initiative Award at the 2021Asia Corporate Excellence and Sustainability Awards (Photo courtesy of Masan) 
