Business News

  • Mobile World to launch first store in Cambodia

  • Monday, 3/13/2017

  • AsemconnectVietnam - Mobile World will open its first store, called BigPhone.com, in Phnom Penh in April.

  • From now until the end of June, Mobile World plans to launch 10-15 stores in neighbouring countries, according to the company’s official website.

    Earlier, Mobile World General Director Tran Kinh Doanh said the company would expand its presence in Cambodia. Names of the stores in the country would be changed for better access to local customers.

    Mobile World is currently one of the largest mobile phone and electronic product distribution chains in Vietnam.

    The group has set a target to earn VND63 trillion (US$2.77 billion) in revenue this year and expressed its ambition to earn VND230 trillion in the next five years.

    Its net revenue last year reached VND44.6 trillion, while it earned nearly VND1.6 trillion in post-tax profit.

    This was a growth of 76.7% and 47.6%, respectively, compared with the same period in 2015.

    Source: vov.vn

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