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Apple Pay has arrived in Vietnam, enabling users to make contactless money transactions through an iPhone or Apple Watch. Vietnam is the third country in Southeast Asia to allow Apple Pay after Malaysia and Singapore. Several lenders such as MB Bank and…
Conglomerate Masan announced Wednesday that it has spent an additional $110 million to increase its ownership in the Phuc Long beverage chain from 20 percent to 51 percent. “Since Masan’s initial investment, Phuc Long has demonstrated strong synergies with…
A subsidiary of the Masan Group conglomerate has signed an agreement to acquire a 20 percent stake in tea shop chain Phuc Long Heritage Jsc. Masan’s The Sherpa Company Ltd will pour $15 million into the company, established last week to own the Phuc Long…
Vietnamese coffee and tea chain Phuc Long has opened its first Danang outlet. Located on the second floor of Lotte Mart, the new Phuc Long Danang store drew long queues on opening day, as it offered three days of launch promotional activity. From today until…
Vietnamese coffee and tea chain Phuc Long is expanding into Danang next month. The brand will open two stores inside Lotte Mart and on Nguyen Van Linh Street in the city’s Hai Chau district. The chain has also enriched its food menu, offering traditional…
Vietnam’s newest shopping centre, Van Hanh Mall, has opened in Ho Chi Minh City, on Su Van Hanh Street in District 10. Built on a 90,000sqm site, the shopping complex has 55,000sqm of retail space, which is 90 per cent occupied already, by more than 200…
Three years after the Japanese luxury department store chain announced plans to enter Saigon, Takashimaya Vietnam opened its doors at the weekend. As the anchor tenant of downtown Ho Chi Minh City’s Saigon Center, Takashimaya takes up a whole five floors…
