The Gioi Di Dong
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Seeing signs of young Asians migrating to Vietnam to work in the technology sector, NextTech president Nguyen Hoa Binh said the so called trend of ‘made-in-Vietnam technology products made by South Korea or China’ is very likely to happen in Vietnam.
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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.
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.
In Vietnam, Nhat Cuong and other chains belong to the second-tier group of distributors which sell both official and unofficial imported products, the two segments in the Vietnamese distribution market.