Shares of CTCP Investment World Mobile (MWG) surged 3.6% on October 8, setting a market capitalization record of nearly 120 trillion VND. MWG is seeking new growth drivers through the MWG Shop e-commerce platform and aims to compete with major players like Shopee and Tiki. MWG predicts that the e-commerce market will see significant growth in the coming years.
Meanwhile, Bách Hoá Xanh (BHX) is planning to expand into the Northern market, targeting the opening of 1,000 new stores annually starting in 2026, amidst maturing performance in the communications sector. BHX has already exceeded its goal by opening 463 stores in just 8 months of 2025, achieving revenue of 30.5 trillion VND, a 14% increase compared to the previous year. MWG plans to IPO BHX in 2028, aiming for revenue of 10 billion USD while improving store models to optimize business efficiency.
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