Vietnamese, Indonesian firms announce joint venture partnership

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).
Vietnamese, Indonesian firms announce joint venture partnership ảnh 1Illustrative image (Source: thegioididong)
Hanoi (VNA) – The Gioi Di Dong JSC, asubsidiary of Mobile World Investment Corporation in Vietnam, has announced its cooperation with PT Erafone Artha Retailindo under Indonesia’s ErajayaGroup to establish the joint venture PT Era Blue Elektronic (Era Blue).

The first Era Blue store is expected to open inJakarta in mid-2020, creating a breakthrough in the local electronics retailmarket.

Era Blue stores will carry the latest and bestproducts from well-known consumer electronics brands in a welcoming, modernenvironment.

The consumer experience is further elevated by combiningthe best of digital innovation with cutting-edge retail execution and visualmerchandising standards, to provide a memorable and seamless shoppingexperience.

 “We arehonoured to enter into a joint venture with The Gioi Di Dong, a renowned andleading player in the consumer electronics industry in Vietnam,” said BudiartoHalim, President Director of Erafone.

“Their innovation and expansion strategy fit well withour vision to be the leader in this sector. This partnership also is a naturalextension of our strong network of retail brands in the gadget space. I believewe could complement each other in realising the vision to be the leading retailbrand in the consumer electronics sector.”

Nguyen Duc Tai, Chairman of the Board of The Gioi DiDong, expressed his belief that the cooperation will empower the Era Blue jointventure soon to become the No.1 and most trusted consumer electronics retailerin Indonesia.

This strategic partnership will bring multiple valuesto both Erafone and The Gioi Di Dong, he noted./.
VNA

See more

At the meeting of permanent Government members in Hanoi on May 24. (Photo: VNA)

Reciprocal trade negotiations with US must ensure Vietnam's core interests: PM

The future tasks must ensure Vietnam's core interests while helping consolidate and strengthen the Vietnam-US Comprehensive Strategic Partnership, bringing benefits to both countries and their consumers, and contributing to peace, stability, cooperation, and development in the region and the world, PM Chinh said.

Vietnam and the US hold the second negotiation session of the bilateral agreement on reciprocal trade in Washington D.C from May 19 to 22. - Illustrative image (Photo: VNA)

Vietnam, US look to boost bilateral economic, trade cooperation

Dien stated that Vietnam has a strong and stable demand for US products, equipment, and services, especially in hi-tech and energy sectors. He affirmed Vietnam’s commitment to fostering a transparent and healthy trade environment, noting that Vietnam stands ready to boost coordination with the US side in combating trade fraud, origin fraud, and illegal transshipment.

Ba Son bridge connects downtown Ho Chi Minh City with Thu Thiem urban area (Photo: VNA)

New development momentum for Vietnam’s economic locomotive

For over five decades, the Southeast region has been recognised as Vietnam’s economic and growth engine. At its core is HCM City, flanked by Binh Duong and Ba Ria – Vung Tau, together forming key growth poles not only for the Southeast but for the entire country.