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Update news mwg
Many retailers in phone and electronics segments focus on developing online channels to survive the coronavirus pandemic.
Mobile World Group (MWG) at a meeting with investors last week said Bach Hoa Xanh might break even later than expected.
After a strong rally of 30 per cent in stock price over the past four months, Mobile World Group (ticker MWG) saw back-to-back divestments from numerous of foreign funds.
Following initial success, some Vietnamese businessmen have made daring decisions pouring trillions of dong into huge projects, vowing to turn their conglomerates into businesses of international stature.
VietNamNet Bridge - Retailers have geared up to spend trillions of dong to expand their networks as more powerful foreign retailers enter the market.