tran anh reveals larger loss before mwg merger

Tran Anh reveals larger loss before MWG merger

On the verge of a merger with Mobile World Investment Corporation (MWG), Tran Anh Digital World JSC (Tran Anh Digital) revealed a net loss of VND11.8 billion ($519,672), exceeding the net loss stated in its self-reported financial statement by VND4.8 billion ($211,392).
mobile phone customers prefer installment payment method

Mobile phone customers prefer installment payment method

More than half of mobile phone transactions whose prices are over VND10 million (US$439) are purchased on installment payments, according to statistics of Mobile World Group, FPT Shop and CellphoneS.
tran anh revenue plunges after leaked merger information

Tran Anh revenue plunges after leaked merger information

Leaked information about the merger between Tran Anh Digital World JSC (Tran Anh—ticker TAG on HNX) and Mobile World Investment Corporation (MWG) caused Tran Anh to suffer an accumulated loss of VND5 billion ($220,053) in the first six months, according to newswire Vnexpress.
mekong capital wins private equity international award

Mekong Capital wins private equity international award

Mekong Capital has been awarded the 2017 Private Equity International Award for Operational Excellence for a small cap investment in Asia, based on the performance of Mobile World.
mobile world hitting the brakes

Mobile World hitting the brakes?

When it is impossible to break through market saturation and escape the downward spiral of stagnant growth, founders of local retail businesses often decide to sell their enterprises to find other opportunities. Is this also true for Mobile World Group?
digiworld moving to make their mark on healthcare market

Digiworld moving to make their mark on healthcare market

Surpassing Mobile World and FPT Shop, Digiworld JSC has officially stepped into the healthcare industry with a focus on functional foods and over-the-counter drugs. It looks like Digiworld is mirroring its earlier journey to the telephone market from ten years ago, but it is not easy to realise the goal of becoming a billion-dollar business over the next ten years.
mobile world and tran anh confirm acquisition

Mobile World and Tran Anh confirm acquisition

In early August, rumours took flight that Mobile World Investment Corporation (MWG) will acquire Tran Anh Digital World JSC (Tran Anh), and have now came true as both parties confirmed the acquisition plan, which is still waiting for the approval of shareholders.
mobile world goes to ma town with 110 million

Mobile World goes to M&A town with $110 million

Mobile World Investment Corporation (MWG)’s shareholders agreed with an 85.93 per cent approval rate to spend VND2.5 trillion ($110 million) on mergers and acquisitions (M&A) in the coming period.
mobile world finishes electronics chain purchase negotiations

Mobile World finishes electronics chain purchase negotiations

Although detailed information about the electronics chain to be acquired by Mobile World Investment Corporation (MWG) has not been released yet, according to rumours, the chain might be Tran Anh Digital World JSC (Tran Anh—ticker TAG on HNX), a big rival of MWG, especially in Northern Vietnam.
mwg to spend 110 million acquiring electronics and pharmaceutical store chains

MWG to spend $110 million acquiring electronics and pharmaceutical store chains

Mobile World Investment Corporation (MWG) plans to spend VND2.5 trillion ($110.3 million), five times as much as the initial figure planned for mergers and acquisitions activities this year, to acquire a number of electronics store and pharmaceutical store chains this year, according to newswire Vnexpress.
mobile world struggles with growth in saturated consumer electronics market

Mobile World struggles with growth in saturated consumer electronics market

Despite the increasing number of outlets, the market share of mobile retailer The gioi Di dong, which belongs to Mobile World Investment Corporation (MWG), has stayed unchanged at 42 per cent, thus, MWG has to find ways to solve its growth problems.
cambodia ops grocery arm fail to meet mwgs expectations

Cambodia ops, grocery arm fail to meet MWG’s expectations

Mobile World Investment Corporation (MWG) expected that by 2019, the Bach hoa XANH chain will become its main source of revenue. However, the grocery store chain, along with BigPhone in Cambodia, is dealing with several obstacles. 
consumer electronics retail losing its appeal

Consumer electronics retail losing its appeal

As the two dominating names in consumer electronics retail, Mobile World Investment Corporation (MWG) and FPT, are slowing down or trying to branch out, it seems that consumer electronics in Vietnam is losing its allure.
thai investment fund buys mwg shares for 11m

Thai investment fund buys MWG shares for $11m

Ton Poh Fund, an open-end fund managed by Thailand's Ton Poh Capital, has paid $11 million to purchase 1.5 million shares of Mobile World Investment Corp (MWG), a major mobile phone distributor in Viet Nam.
mwg 2017 growth prospects uncertain

MWG 2017 growth prospects uncertain

In 2016, thanks to the growth of its revenue, profit, and the expansion of its operating network, Mobile World Investment Corporation (MWG) continuously reported record stock prices.