FPT Retail

Update news FPT Retail

Rumours of Apple setting up a manufacturing base and opening its first Apple Store in Vietnam have sent consumers into frenzy, but local tech retailers and parallel importers do not seem particularly worried

VN firms review annual meeting schedules under pressure of coronavirus

Several companies have put annual shareholders’ meetings on hold due to worries about the spread of coronavirus.


VN technology product distributors try ‘sell everything’ strategy

The Gioi So (Digiworld), the mobile phone retail chain, is seeking to distribute office equipment, while FPT Shop is trying online sale models and The Gioi Di Dong (Mobile World) is focusing on its department stores.

iPhone 7 becoming dirt cheap in Vietnam

Previous-generation iPhone models have seen prices dropping dramatically over the last two months. A used iPhone 7 32 GB is selling at VND4.5 million, or approximately $200.

Giants change business strategies

The Gioi Di Dong, the largest mobile phone distribution chain, collects nearly VND1 trillion from selling kitchenware, while Vietjet, the second largest in aviation market share, is growing rapidly from selling rice and sandwiches.

Big retailers jump into watch distribution market

VietNamNet Bridge - The Gioi Di Dong (Mobile World), the leading mobile phone retail chain, has become the newest player in the watch distribution market. 

iPhone X, iPhone 8 prices drop sharply in Vietnam

VietNamNet Bridge - The next-generation iPhones have not yet reached the market, but iPhone X and iPhone 8 have seen prices tumble. Surprisingly, the prices of previous-generation iPhones are on the rise.

Used smartphones increasingly popular in urban, rural markets

VietNamNet Bridge - In Vietnam, big retailers are dominant in distributing brand new genuine products, while the used phone market segment is controlled by private shops.

VN pharma industry: Dairy producers, retailers jump on bandwagon

VietNamNet Bridge - More and more investments have been seen in the pharmaceutical industry, from production to distribution.

Retailers rush to invest in drug distribution market

FPT Retail, the digital device retailer, The Gioi Di Dong, the biggest smartphone distributor, and Vingroup, the real estate developer and retailer, all have spent big money to set up their drug retail and manufacturing chains.

Pharmacy to fill 40% of FPT Retail revenue in four years

 FPT Digital Retail JSC (FPT Retail) hopes its pharmaceutical unit will contribute 30-40 per cent of the company’s total revenue in the next three to four years, chairwoman and general director Nguyen Bach Diep said on Wednesday.

Vietnamese spend big money to expand retail networks

VietNamNet Bridge - Retailers have geared up to spend trillions of dong to expand their networks as more powerful foreign retailers enter the market. 

Local users scramble to register for iPhone 6

VietNamNet Bridge – Over 7,000 orders for Apple iPhone 6 have been placed on the mobile phone retail website thegioididong.com after this retailer announced discounts of 60% or VND1.6 million for customers.