Mobile World Investment Joint Stock Company has stated that information posted on August 24-25 on a number of foreign and Vietnamese news sites about its Bach Hoa Xanh chain is inaccurate.

Foreign investors have spent VND1.5 trillion to buy MWG shares of The Gioi Di Dong Investment JSC (Mobile World) as prices hover around the historic peak.

Mobile World will cooperate with Indonesia retailer Erafone to open stores selling technology products in Indonesia.

Doan Van Hieu Em - CEO of two tech retail chains The Gioi Di Dong (Mobile World) and Dien May Xanh – told VietNamNet that the Mobile World will open a new retail chain in Indonesia this year.

According to tech retailers, the brand-exclusive store model (Mono Store - or specialized store) is a new business form in Vietnam but has already been operating in many countries.

Vietnam’s big retailer Mobile World has announced that its TopZone chain will sell Apple products only.

A number of listed companies have announced lower earnings in April after closing for half of the month.

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

Mobile World JSC is asking for a 50 per cent discount on its store rental costs across the country for 12 months due to the COVID-19 pandemic.

Many retailers in phone and electronics segments focus on developing online channels to survive the coronavirus pandemic.

The Ministry of Public Security is drafting a governmental decree on personal data protection in order to protect the legal rights and interests of individual and organisations.

The management board of Tran Anh Digital World JSC has approved a plan to terminate all its branches, which will be carried by the company’s chairman, ndh.vn reported.

Smartphone distribution is no longer the major driving force for technology product retailers, who are now trying to make money from FMCG (fast moving consumer goods) and food sales.

The prices of some smartphones reached a record high in the year, while shakeups occurred in the industry among leading players.

 Giant mobile phone retailer The Gioi Di Dong (Mobile World) Investment Corporation has opened its first store outside the country.

 Giant mobile phone retailer Mobile World Joint-Stock Company on Wednesday announced its partnership with military telecommunication firm Viettel to explore more 4G subscriptions nationwide.

 Small retail stores for mobile phones are being excluded from the market as they must now compete with big retail chains and many have to close down.

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 VietNamNet Bridge - Mekong Capital has registered to sell 2.24 million shares of a total of more than 15 million shares of Mobile World that the fund currently holds.