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VN-Index ends losing streak on blue chips gains

VN-Index ends losing streak on blue chips gains

Vietnam’s benchmark VN-Index closed 1.51 percent higher Wednesday to post its biggest gain in nearly two weeks, with no blue chips in the red.
Mobile World to sell 20 pct stake in grocery chain

Mobile World to sell 20 pct stake in grocery chain

Mobile World plans to sell a 20 percent stake in its grocery chain Bach Hoa Xanh in this or next year to expand its operation nationwide.
April 1, 2022 | 08:00 pm PT
Mobile World profits rise 8 pct

Mobile World profits rise 8 pct

Vietnam’s biggest electronics retailer, Mobile World, reported an 8 percent rise in profits to VND1.08 trillion ($47 million) in January-February.
March 29, 2022 | 05:26 pm PT
Pharmaceutical retailers race to expand

Pharmaceutical retailers race to expand

While many companies were driven out of business by the pandemic in the last two years, three drugstore chains have been in a race to open new outlets.
March 20, 2022 | 10:35 pm PT
Branching out to new areas a key strategy: Mobile World

Branching out to new areas a key strategy: Mobile World

Expanding into new areas such as retailing of drugs, fashion items and jewelry is risky, but Mobile World’s said it is part of its strategy to learn through experience.
February 23, 2022 | 03:00 am PT
Mobile World to expand into Indonesia this year

Mobile World to expand into Indonesia this year

Mobile World is all set to enter Indonesia, its second overseas foray after setting up shop in Cambodia five years ago.
February 20, 2022 | 07:00 pm PT
Mobile World posts 22 pct profit growth

Mobile World posts 22 pct profit growth

Electronics retail giant Mobile World posted a profit growth of 22 percent year-on-year in the first 11 months to VND4.39 trillion ($215.19 million).
December 21, 2021 | 12:21 am PT
Mobile World to tie up with F88 for consumer credit

Mobile World to tie up with F88 for consumer credit

Electronics retailer Mobile World is set to offer consumer loans of up to VND10 million ($435), and plans to sign a deal with credit provider F88 next week.
December 18, 2021 | 03:00 am PT
Companies manage double-digit growth post-social distancing

Companies manage double-digit growth post-social distancing

Some major companies saw a double-digit surge in sales October as their stores were allowed to reopen after months of closure due to Covid-19 restrictions.
November 16, 2021 | 08:35 pm PT
Mobile World profits drop to near three-year low

Mobile World profits drop to near three-year low

Vietnam’s biggest electronics distributor Mobile World saw post-tax profit fall 17 percent year-on-year to VND786 billion ($34.28 million) in Q3, the lowest in 11 years.
October 30, 2021 | 05:00 pm PT
With no Apple shop, mono stores mushroom in Vietnam

With no Apple shop, mono stores mushroom in Vietnam

Vietnam has no Apple store, so resellers are opening mono store chains in the country for consumers to experience an “Apple-standard shopping space.”
October 24, 2021 | 04:47 pm PT
Mobile World, landlords in dispute over rent

Mobile World, landlords in dispute over rent

The relationship between Mobile World and its landlords is faltering as the company single-handedly reduced rent for months, blaming the Covid-19 pandemic, while leasers crying foul.
October 16, 2021 | 05:16 am PT
Mobile World changes dividend payment plan

Mobile World changes dividend payment plan

Electronics giant Mobile World has cut its planned cash dividend ratio for last year from 10 percent to 5 percent, seeking to pump up cash by VND237 billion ($10.38 million).
August 16, 2021 | 12:03 am PT
H1 surge in phone, laptop sales

H1 surge in phone, laptop sales

Vietnam’s largest electronics retailers, Mobile World and FPT Shop, saw H1 mobile phone and laptop sales in the first half of the year.
August 10, 2021 | 01:00 am PT
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