cdh investments takes minority stake in bach hoa xanh grocery retail chain

CDH Investments takes minority stake in Bach Hoa Xanh grocery retail chain

On April 9, China's CDH Investments via Green Bee 2 Private Limited completed an investment for a minority interest in Bach Hoa Xanh Technology and Investment JSC (Bach Hoa Xanh Investment).
delivery apps help vietnamese consumers discover new restaurants and shops

Delivery apps help Vietnamese consumers discover new restaurants and shops

91 per cent of Vietnamese respondents have used the Grab app to discover new restaurants and shops that they have never tried before, according to Grab’s latest Food & Grocery Trends 2023 report.
singapores gic eyes potential ma deal in vietnams retail sector

Singapore's GIC eyes potential M&A deal in Vietnam's retail sector

The Singapore-based sovereign wealth fund GIC and other investors are vying to scoop up a 20 per cent stake in Bach Hoa Xanh, Mobile World’s grocery store chain.
e grocery shopping startup bags 45 million from nextrans and do ventures

E-grocery shopping startup bags $4.5 million from Nextrans and Do Ventures

Cooky, an e-grocery shopping platform, has raised $4.5 million in a funding round led by Korea-based investment firm Nextrans and local venture capital firm Do Ventures.
bach hoa xanh grocery chain faces gloomy prospects

Bach Hoa Xanh grocery chain faces gloomy prospects

From its pole position during the pandemic, when the company was sitting atop in terms of brand value growth pace, the Bach Hoa Xanh grocery chain is seemingly losing its appeal owing to recent complications.
mwg to sell 20 per cent stake in grocery chain bach hoa xanh

MWG to sell 20 per cent stake in grocery chain Bach Hoa Xanh

Vietnam’s major retail Mobile World Group (MWG) is reportedly considering a 20 per cent stake sale in its Bach Hoa Xanh grocery chain.
cashless payments take over the streets

Cashless payments take over the streets

Cashless payments made through scanning QR codes or other online payment methods at grocery stores or roadside eateries are becoming a bigger habit of many Vietnamese consumers.
vinshop became the top online fmcg distributor in vietnam

VinShop became the top online FMCG distributor in Vietnam

VinShop is recognised as Vietnam’s largest fast-moving consumer good (FMCG) distributor with its digital platform, which connects 100,000 affiliated grocery stores in 22 provinces and cities as well as provides 2,000 FMCG products via its mobile app.
market coupons return after more than 30 years

Market coupons return after more than 30 years

Ho Chi Minh City and Hanoi are handing out market coupons to go to the market on alternate days under various time frames in order to avoid large gatherings at grocery stores or markets.
vdms targets bach hoa xanh for selling goods at higher prices

VDMS targets Bach Hoa Xanh for selling goods at higher prices

The Vietnam Directorate of Market Surveillance inspects the unusual increase in prices of goods at Bach Hoa Xanh – Mobile World’s grocery store chain amidst the skyrocketing need for food due to the prolonged pandemic.
saigoners comply with 5k measures when buying food and necessities

Saigoners comply with 5K measures when buying food and necessities

Residents of Ho Chi Minh City must maintain 5K measures when visiting supermarkets and grocery stores to buy food and necessities.
online food purchases predicted to rule the roost post pandemic

Online food purchases predicted to rule the roost post-pandemic

The online food and grocery delivery segment has gained remarkable momentum after multiple platforms launched services for those stuck at home during social distancing.
super apps release grocery delivery to ease social distancing during covid 19

Super apps release grocery delivery to ease social distancing during COVID-19

Taking advantage of social distancing and people going into voluntary isolation and refusing to leave their homes during the COVID-19 outbreak, ride-hailing applications Grab and Be introduced a new service where drivers can pick up their grocery.
vingroup to acquire shop go grocery store chain for 1

Vingroup to acquire Shop & Go grocery store chain for $1

Due to the fierce competition and poor business results, the Shop & Go grocery store system decided to withdraw and "donate" its system to Vingroup.
tran anh will delist from hnx due to mobile worlds neglect

Tran Anh will delist from HNX due to Mobile World's neglect

More than one year after merging with Mobile World and being neglected to focus on the Bach Hoa Xanh grocery chain, Tran Anh Digital World JSC (code: TAG) has just announced the management board’s resolution to cancel its listing by buying back 180,634 TAG stocks.