Nguyen Dang Quang, Chairman of Masan Group, shared at the annual shareholders’ meeting that Masan is undergoing a transformation aimed at meeting consumer needs and affirming its position alongside Walmart and Amazon. Digital transformation is a crucial missing piece to enhance consumer experience through technology. Masan Group aims for a revenue of 80,500 – 85,500 billion VND in 2025, with profit ranging from 4,875 – 6,500 billion VND. Masan Consumer expects double-digit revenue growth, focusing on product premiumization. The company plans to partner with Manchester City for brand promotion. They also anticipate no dividend payment in 2024 and expanding foreign ownership limits.
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