Vietnamplus

Retail stocks have dropped significantly due to the decline in business results in the context of the global economic recession and high interest rates.

With more Vietnamese commuters choosing to cycle, the prospects for the bicycle market look promising with great opportunities for retailers.

The Gioi Di Dong JSC, a subsidiary of Mobile World Investment Corporation in Vietnam, has announced its cooperation with PT Erafone Artha Retailindo under Indonesia’s Erajaya Group to establish the joint venture PT Era Blue Elektronic (Era Blue).

Retail giants have begun to ramp up investments in the pharmaceutical market, fueling the race for market dominance.

Vietnamese automaker VinFast on February 25 announced that it will take part in the Mobile World Congress 2022 (MWC 2022) – the most influential technology and mobile exhibition in the world that will take place from February 28 to March 3 in Barcelona, Spain.

Vinhomes JSC, Hoa Phat Group JSC, Mobile World Investment Corporation and Vietcombank are among the top 50 public companies in 2021 announced by Vietnam Report.

Aid packages worth 15 billion VND (650,000 USD) will be sent out before the end of January, with 1,000 tonnes of rice being presented to 50,000 poor households in 54 cities and provinces nationwide prior to the upcoming Lunar New Year (Tet) holiday.

Pyn Elite Fund has divested capital from Mobile World Investment Joint Stock Company (MWG), said Vietnam Securities Depository (VSD).

With a scale of nearly 180 billion USD and an annual two-digit growth rate, the Vietnamese consumer retail market is being squeezed by foreign investors.

The biggest Vietnamese retailer - Mobile World (Hose: MWG) - has become an exclusive distributor of genuine superhero watches in Vietnam, according to a recent exclusive deal with Richburry Ltd.

The Gioi Di Dong (Mobile World), the biggest mobile phone and CE retailer in Vietnam, recently announced its goal of becoming the No. 1 wristwatch retailer in Vietnam by grabbing a 50 percent market s

The State Bank of Vietnam (SBV) has issued a decree asking businesses to enhance customer information privacy after an alleged breach of mobile retail chain The Gioi Di Dong (Mobile World) revealed personal information of more than five million customers.

Military-run telecom group Viettel brought eight products it has developed in education, mobile finance, network security, tourism, customer-protection solutions and others to the world’s biggest annual mobile event, the annual Mobile World Congress (MWC) in Barcelona, Spain, from February 26 to March 1.

Vietnam is the fastest-growing market in South East Asia in terms of mobile e-commerce growth, says the latest report on Southeast Asia’s 2017 e-commerce status by iPrice.

The Gioi Di Dong (Mobile World) Co. Ltd. on January 3 officially finished the acquisition of Dien May Tran Anh (Tran Anh Digital), giving it the ownership of an over-90-percent stake at Tran Anh.

The Competition and Consumer Protection Department under the Ministry of Industry and Trade has given the go-ahead for the merger and acquisition (M&A) deal between the two largest local electronic retailers – The Gioi Di Dong (Mobile World) and Tran Anh Digital World.

Top Vietnamese mobile phone retailer Mobile World Group (MWG) completed its first corporate bond issuance, worth a total of 1.135 trillion VND, or about 50 million USD, on November 21.

Stock analysts have predicted the market will likely extend gains this week but divergence will continue in the context of third-quarter earning reports.

E-commerce is a market with numerous opportunities for businesses in Vietnam, recording an annual growth rate of 35 percent – one of the fastest rates in the world.

Mobile World will open its first store, called BigPhone.com, in Phnom Penh in April.