HANOI -- Two leading Vietnamese conglomerates Vingroup and Masan Group have agreed to merge their retail and consumer goods manufacturing businesses, they said on Dec. 3, in a move to create the country's largest retail company.
Vietnam's largest conglomerate and Masan to merge retail segments

Vingroup wants to divest from its supermarket business and focus on technology. © Reuters
HANOI -- Two leading Vietnamese conglomerates Vingroup and Masan Group have agreed to merge their retail and consumer goods manufacturing businesses, they said on Dec. 3, in a move to create the country's largest retail company.