future apple store may fail to bite into retailers

Future Apple Store may fail to bite into retailers

Rumours of Apple setting up a manufacturing base and opening its first Apple Store in Vietnam have sent consumers into frenzy, but local tech retailers and parallel importers do not seem particularly worried over losing a slice of the pie to the United States-based tech titan.
an khang pharmacy made some losses after merging with mobile world

An Khang pharmacy made some losses after merging with Mobile World

The An Khang pharmacy chain has lost an estimated VND3 billion ($130,430) in the first quarter, causing a loss of VND1.4 billion ($60,870) to Mobile World Group.
pyn elite fund looks back on multiple months of consecutive loss during covid 19

PYN Elite fund looks back on multiple months of consecutive loss during COVID-19

Finland-headquartered fund PYN Elite, which is a shareholder of 70 Vietnamese listed firms – including high-profile names such as VietinBank, TPBank, and PAN Group – has reported its sixth consecutive month of loss. Last month saw VND2.451 trillion ($106.57 million) of the fund's value evaporating. Its deep losses followed a rough patch for the VN-Index.
can bach hoa xanh turn the losing tides for mobile world

Can Bach Hoa Xanh turn the losing tides for Mobile World?

As Mobile World (MWG) has been on edge due to the temporary closure of Dien May Xanh and thegioididong stores (its two main businesses), it is pinning its hopes on food store chain Bach Hoa Xanh to keep it afloat during the health crisis.
staff member of dien may xanh in danang tests positive for covid 19

Staff member of Dien May Xanh in Danang tests positive for COVID-19

A female staff of electronics retail chain Dien May Xanh in Danang has just tested positive for COVID-19 after communicating with two infected British tourists.
pharmacies battle for market share

Pharmacies battle for market share

Modern pharmacy chains are gaining traction in Vietnam as investors become eager to pour in more capital to tap into the market’s growth.
best over a billion spotlights rising star

Best Over A Billion spotlights rising star

Mobile World Investment Corporation is shining a spotlight on Vietnam’s Best Over A Billion list with an ambition to achieve $10 billion in revenues.
mwg predicts bach hoa xanh may break even only next year

MWG predicts Bach Hoa Xanh may break even only next year

Mobile World Group (MWG) at a meeting with investors last week said Bach Hoa Xanh might break even later than expected.
lazada and tiki fall further behind e commerce competitionbr

Lazada and Tiki fall further behind e-commerce competition

Despite non-stop spending, Lazada remains overwhelmed by local platforms Sendo and Mobile World, in addition to other players Shopee and Tiki.
mwg sells 50000 watches in september eyes 50 per cent market share in 2020

MWG sells 50,000 watches in September, eyes 50 per cent market share in 2020

The $75 million Vietnamese wristwatch market has enormous potential with huge and growing demand. However, for a long time it has been plagued by fakes and wildly inconsistent prices.
mobile world demonstrates strong capabilities in watch distribution

Mobile World demonstrates strong capabilities in watch distribution

Mobile World, a leading local mobile phone retailer, has demonstrated its ample capabilities in watch distribution through swift expansion and robust sales from the get-go.
mobile world adds limited edition watch collections for superhero fans

Mobile World adds limited edition watch collections for superhero fans

Mobile World and Richburry Ltd., a manufacturer holding the copyrights to produce superhero watches, have signed an official co-operation agreement, making it very likely that the market can welcome stylish Richburry watches at Mobile World outlets from early November.
online revenue suddenly plunges at mwg

Online revenue suddenly plunges at MWG

This second quarter, even as Mobile World Group (MWG)'s online revenue increased by 13 per cent on-year, its June revenue was the lowest in the last 14 months.
mobile world pockets huge income from selling watches

Mobile World pockets huge income from selling watches

The strategy of “selling goods that they never sold before” partly helped technology retailer Mobile World to overcome the saturation of the smartphone market.
mobile world and fpt find new directions for growth

Mobile World and FPT find new directions for growth

As the local demand for smartphones reaches the saturation point, technology retailers Mobile World and FPT Shop have been steadily changing business orientations, working to expand into other segments.