Business

Vietnamese company opens 50th store in Indonesia

Vietnam’s Mobile World Investment Corporation (MWG) opened the 50th store of EraBlue – its joint venture with Indonesia’s leading technology retail provider Erafone – in Tangerang, Indonesia on January 23.
Vietnamese company opens 50th store in Indonesia ảnh 1At the 50th store of EraBlue in Indonesia (Photo: VNA)
Jakarta (VNA) – Vietnam’s Mobile World InvestmentCorporation (MWG) opened the 50th store of EraBlue – its jointventure with Indonesia’s leading technology retail provider Erafone – in Tangerang,Indonesia on January 23.

In just over a year, the EraBlue brand has established a retailchain in Indonesia with each store covering an area ofapproximately 400 square metres and earning monthly revenue of around 4.5billion VND (183,112 USD).

According to Vietnamese Ambassador to Indonesia Ta Van Thong, this event comes exactly oneweek after the visit of Indonesian President Joko Widodo to Vietnam. Thedevelopment of EraBlue contributes to the realisation of the commitments and wishesof the countries’ high-level leaders regarding increasing trade and investmentcooperation between the sides’ business communities.

CEO of MWG Doan Van Hieu Em unveiled that the companyaims to set up 500 stores in the Indonesian market by 2027.

Its local partner Erafone now has a network of around 1,200stores, specialising in providing telecommunications equipment, tablets,laptops, and other digital products./.
VNA
#EraBlue #50th store #Mobile World Investment Corporation #Erafone #Vietnam Indonesia #vietnam news agency #vietnamplus Indonesia Vietnam
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