Masan Group is the largest producer of tungsten and bismuth outside of China, the second-largest supplier of acid-grade fluorspar outside of China, and Vietnam's largest producer of animal protein through its Bio-zeem brand. The company owns the Vinmart supermarket chain and Vinmart+ convenience store chain under its consumer retail segment.
Cyborg Score Rationale
In 2024, Masan Group's revenue reached 83.18 trillion VND (up 6.30% YoY) with earnings of 2.00 trillion VND (up 377.45%). The company demonstrates diversified revenue streams across consumer products, mining, and retail, with established market leadership positions.
Top Insights
Product portfolio includes soya sauce, fish sauce, seasoning, instant noodles, instant coffee, processed meat, beer, and household items like washing powder and detergent.
MSN holds significant equity interests in Masan Food Corporation and Vietnam Technological and Commercial Joint Stock Bank (Techcombank).
The company has 34,835 employees.
As of March 2026, Masan Group has a market capitalization of approximately 116.11 trillion VND.
Named Competitors
Instant Noodles & FMCG — Local FMCG manufacturers competing in sauces, noodles, and beverages
Supermarket Retail — Modern retail chains competing with Vinmart network
Global Minerals — Dominant global suppliers of specialty minerals
Recent Developments
(Feb 2026) Q4 2025 earnings reported with strong earnings growth of 377.45% YoY driven by operational improvements
(2024) Revenue growth of 6.30% YoY to 83.18 trillion VND reflecting recovery and expansion across segments
(May 2024) Charter capital increased to VND 15,054,198.76 million showing continued capitalization strengthening
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