Retail in Asia

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Vietnam’s Mobile World sees net profit up 52pc

Vietnam’s Mobile World Investment Corporation (MWG) saw an increase in both revenue and net profit in the first nine months of this year.

The company’s net profit rose 52 percent over a year to VND744 billion (USD33 million), equal to 84 percent of this year’s target.

This year, MWG has opened 141 new Mobile World stores and 19 new Green Electronics in the country, raising its total number of stores to 521.

(Source: Viet Nam News)