FPT Corporation has reportedly sold its distribution business FPT Trading to US-headquartered Synnex Corp, retail sources told zing.vn.
Following Viettel’s and FPT’s success, several information and communications technology (ICT) enterprises have started “cultivating” foreign markets.
Mobile World will open its first store, called BigPhone.com, in Phnom Penh in April.
Employees of Mobile World Investment Corporation may hold a fortune worth VND2.6 trillion (US$116.7 million) this month, according to a report on the news website CafeF.
The Gioi Di Dong (Mobile World), the largest mobile phone distribution chain, shut down its 22 shops at Big C Vietnam after the retailer fell into Thai hands. Cdiscount, an e-commerce website, will stop operation from December 31.
VOV.VN - Shares of Mobile World closed down three points at US$6.70 (VND151,000) per share as of the close on August 18 on the HCM City Stock Exchange, after reaching a record high of US$6.91 (VND154,000) per share a day prior.
Vietnamese electronics retailers expect growth and expansion in 2016, as the country continues to present ample opportunities.
The consumer electronics market is set for a strong period of growth with many new stores opening amid a revival after a downturn, industry insiders forecast.
Vietnamese Mobile World JSC last week issued seven million shares worth nearly VND535.5 billion (US$23.56 million) in bonuses for about 900 staff members, the first employee stock option plan (ESOP) ever excuted by a listed retailer in Vietnam.
(VOV) - While Vietnam has turned into one of the fastest growing economies in Asia, the level of competitiveness in the local private sector remains a concern and needs to be addressed, especially prior to Vietnam’s global integration through various free trade agreements.
As the country is anticipating a boom in franchising in the near future, experts say the legal framework governing franchising is in dire need of improvement.
Mobile World Investment Corporation general director, Nguyen Duc Tai, skyrocketed onto the list of the top 10 richest people on Vietnam's stockmarket after the company's market capitalisation rose to almost VND11 trillion (US$521.3 million) and its shares hit VND175,000 (US$8.30) a share.
(VOV) - AA Construction Company, Vinagame, Thien Minh Group, Minh Phu Seafood Group and Mobile World Joint Stock Company are listed among top 20 rapid growth companies in East Asia.
Vietnam’s largest mobile phone retailer on May 27 announced it was selling more than 20 percent stakes to two foreign investors, including an American entrepreneur.