Retail Giant Nguyen Duc Tai’s Chain Hits Record-Breaking 40 Trillion VND Revenue in a Single Quarter

Mobile World Investment Corporation (MWG) has announced a revenue of VND 113.436 trillion for the first nine months of the year, marking a 14% increase year-on-year and achieving 76% of its annual target. In Q3 alone, MWG’s revenue reached nearly VND 40 trillion, the highest since its inception. On average, the retail giant, led by Mr. Nguyen Duc Tai, generates over VND 431 billion in daily sales.

Over the past nine months, The Gioi Di Dong (TGDĐ) and Dien May Xanh (ĐMX) chains, managed by MWG’s subsidiary Mobile World JSC (MW), have demonstrated robust performance. This success is attributed to their quality-focused growth strategy, emphasizing superior services, lifetime support, and comprehensive financial solutions.

Specifically, MWG’s mobile phone and electronics segment achieved VND 76.5 trillion in revenue, a nearly 15% increase year-on-year, despite a slow market recovery and a reduction in the average number of stores. This growth is primarily driven by increased revenue from existing stores, thanks to a focus on services and comprehensive financial solutions for customers.

Bach Hoa Xanh (BHX), MWG’s grocery chain, recorded VND 34.4 trillion in cumulative revenue for the first nine months, up 14% year-on-year. However, its growth rate has slowed in recent months. According to MWG, BHX’s operational efficiency improved in Q3/2025 compared to Q2/2025, thanks to cost optimization and loss control measures.

As of September, BHX has opened 520 new stores this year, bringing the total to 2,290, with over 50% of new stores located in the Central region. These new stores have achieved positive profitability at the store level after accounting for direct operating and logistics costs. In Q4/2025, BHX plans to continue its selective expansion into new provinces and regions where it already has a presence.

Notably, Mr. Nguyen Duc Tai’s supermarket chain has begun recruiting staff to expand into the Northern market. At the Q2 Investor Meeting, Mr. Vu Dang Linh, CEO of MWG, revealed that 2026 will be a pivotal year as BHX officially enters the North. He also shared the ambitious goal of opening 1,000 new Bach Hoa Xanh stores annually starting next year.

In the first nine months, the An Khang chain recorded an average monthly revenue of VND 540 million per store, maintaining three consecutive months of growth. The chain continues to enhance store-level efficiency, aiming to contribute profits to the group.

AvaKids reported double-digit revenue growth in the first nine months compared to the same period last year, with an average monthly revenue of VND 1.8 billion per store. Total revenue in Q3/2025 increased by 10% from the previous quarter and over 30% year-on-year. The chain has achieved profitability at the company level and continues to improve its financial performance monthly.

EraBlue’s revenue grew by over 70% in the first nine months of 2025 compared to the same period last year. Currently operating 144 stores, the chain is close to its year-end target of 150 stores. EraBlue has achieved profitability at the company level and consistently improves its financial metrics, solidifying its operational effectiveness.