Thursday, July 2, 2020 7:29:25 PM - Markets open
VN-INDEX 842.38 -1.11/-0.13%
HNX-INDEX 111.61 -0.08/-0.07%
UPCOM-INDEX 55.89 -0.16/-0.29%
Masan Consumer inks strategic partnership with South Korean meat producer
Vietnam News - 7/3/2018 9:49:33 AM
 (0 ratings. You must sign in to rate.)
The Masan Consumer Corporation has signed a strategic partnership with the leading Korean processed meat company Jinju Ham to provide high-quality processed meat for the Vietnamese market.
 
“The strategic partnership will create significant synergies that will ultimately benefit Vietnamese consumers: combining Jinju Ham’s cutting-edge know-how with Masan’s deep understanding of Vietnamese consumers and brand-building capabilities,” said Trương Công Thắng, chairman and CEO of Masan Consumer Corporation.
 
“Our aim is to improve the consumer meat experience by providing innovative and delicious products. We will not only offer delicious products but will also focus on nutrition and affordability,” he added. 
 
Established in 1963, Jinju Ham is the oldest sausage producer in Korea with market leading positions in the sausage and home meal replacement segments.
 
Jinju Ham has over 30 years of experience in the processed meat market and has developed best-in-class R&D and technological know-how.
 
Park Jungjin, CEO of Jinju Ham, said: “Việt Nam’s processed meat market has the same dynamic as Korea and China 20 years ago. This segment is in its early phase of development, contributing less than 1 per cent to the overall meat market.” 
 
“Our objective is to be at the forefront of this transformation and build a championship position over the course of the next five years,” he added. 
 
New innovations under this strategic partnership are expected to launch in the second half of 2018.  
 
Masan Consumer Corporation, a subsidiary of Masan Group Corporation, is one of Việt Nam’s largest branded food and beverage companies, with market leadership in large consumer categories such as seasonings, convenience foods and beverages. — VNS
 
Read original article here
Newer News
18:39 BT6: Board Resolution
18:39 BOT: Board Resolution
18:39 BMJ: Annual General Mandate 2020
18:39 BGW: Board Resolution
18:39 BGW: Board Resolution
18:38 BSL: Signing of auditing contract
17:50 RCD: Annual General Mandate 2020
17:50 PWA: Annual General Mandate 2020
17:50 PVV: Annual General Mandate 2020
17:50 PTP: Annual General Mandate 2020
Older News
02/07 Vietcombank’s pre-tax profit up 52 percent in six months
02/07 HPG: Hoa Phat Dung Quat Steel JSC improves administration capacity
28/06 VCB: Vietcombank to apply Basel II next month
28/06 Banks optimistic about growth rate this year
28/06 NLG: Nam Long kicks off Waterpoint township in Long An province
28/06 Traphaco and Cadivi fined for tax arrears
27/06 YEG: Entertainment company Yeah1 lists 27 mln shares on HOSE
27/06 Bamboo Airways buys 20 Boeing 787-9 Dreamliner aircraft
26/06 DGW: Xiaomi opens new Mi Store in HCM City
25/06 Vietcombank seeks bancassurance partnership
 
Newsletter Signup
Top Stories
Reference exchange rate remains unchanged
New traders flock to market
Reforms needed to attract foreign portfolio investment: fund manager
Reference exchange rate down 2 VND on June 4
Foreign Ministry: Vietnam recovers economy during, after COVID-19
Market Update
Last updated at 3:10:03 PM
VN-INDEX 842.38 -1.11/-0.13%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.