13-05-2020 15:00
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.
04-05-2020 13:54
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.
14-04-2020 10:52
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.
04-04-2020 10:20
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.
11-03-2020 17:00
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.
16-02-2020 10:56
Modern pharmacy chains are gaining traction in Vietnam as investors become eager to pour in more capital to tap into the market’s growth.
20-01-2020 11:02
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.
18-11-2019 20:45
Mobile World Group (MWG) at a meeting with investors last week said Bach Hoa Xanh might break even later than expected.
21-10-2019 11:44
Despite non-stop spending, Lazada remains overwhelmed by local platforms Sendo and Mobile World, in addition to other players Shopee and Tiki.
03-10-2019 13:00
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.
02-10-2019 17:44
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.
30-09-2019 17:20
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.
09-08-2019 09:37
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.
25-06-2019 14:10
The strategy of “selling goods that they never sold before” partly helped technology retailer Mobile World to overcome the saturation of the smartphone market.
03-05-2019 12:11
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.