VinPro

Retail Asia30/12/2019

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Vingroup is to complete its exit direct retail businesses, shutting down its electronic business VinPro within this month. The closure of Vinpro is considered a sudden decision as the group acquired electronics chain Vien Thong A last year with more than 200 stores to strengthen VinPro’s presence. Recently, Vien Thong A’s website and Facebook page changed branding […]

Retail Asia30/07/2018

Vietnamese conglomerate Vingroup’s electronics retailing arm VinPro is set to acquire mobile retail chain Vien Thong A next month. A source said that staff have been informed about the deal, and a merger process has commenced. However, Vien Thong A’s vice GM Huynh Viet Anh responded to a question about the report’s accuracy: “That can […]

Retail Asia31/01/2018

VinPro, the electronics retail arm of Vietnamese conglomerate Vingroup, may invest in mobile device retailer Vien Thong A. However, Vien Thong A GM Hoang Ngoc Vy has denied the media reports, before enigmatically adding that further information would be forthcoming. VinPro was launched in March 2015 as part of the property giant’s foray into the […]

Retail Asia06/08/2016

Vietnamese supermarket chain VinMart has tripled its revenue in the second quarter of this year. Parent VinGroup says the group achieved VND2,465 billion (US$110.6 million) in sales of its supermarkets and convenience stores, a 226 per cent increase compared to the same period last year. One of the reasons for VinMart’s growth is the group’s […]

Retail Asia16/05/2016

Retail has proved the shining segment for Vietnamese conglomerate Vingroup, with revenue jumping 363 per cent year-on-year to VND2.19 trillion (US$98.3 million) for the first quarter. Vingroup has been investing in retail properties for more than a decade, and since announcing two years ago that it aims to become Vietnam’s largest retailer has opened 50 […]

Retail Asia30/03/2016

The Vietnam mobile phone market is heating up, with major retailers pushing smaller businesses to the wall as new branded stores open almost every week. With limited marketing budgets, smaller retailers, the traditional mainstay of the mobile phone business, are unable to complete, reports TalkVietnam.com. Mobile World, which has a 39 per cent market share […]

Tag: VinPro

Vietnam’s Vingroup to complete retail exit by closing VinPro chain

Vingroup to take over Vien Thong A

Vingroup eyes stake in mobile device retailer Vien Thong A

Expansion brings some cash for VinMart

Vingroup more than triples revenue to $98m

Vietnam mobile phone market heats up