Mar 21, 2004 CE
Founding of The Gioi Di Dong
Nguyen Duc Tai and partners establish The Gioi Di Dong (Mobile World) in Ho Chi Minh City, starting with a small mobile phone retail outlet. #business #vietnam
Chronological Storyline (44 Milestones)
May 1, 2006 CE
Expansion to Multiple Stores
The Gioi Di Dong opens its 10th store, becoming a recognizable brand in Vietnam's mobile retail market. #retail #growth
Jan 1, 2007 CE
Launch of Warranty Service
The Gioi Di Dong introduces comprehensive warranty services, differentiating itself from competitors. #customer_service #vietnam
Sep 1, 2008 CE
First Store in Hanoi
Opens the first store in Hanoi, marking significant expansion into Northern Vietnam. #expansion #retail
Jun 1, 2010 CE
Launch of Dien May Xanh Chain
Launches Dien May Xanh (Green Electronics), a consumer electronics retail chain, diversifying beyond mobile phones. #electronics #vietnam
Dec 1, 2011 CE
Reaches 100 Stores Milestone
The Gioi Di Dong reaches 100 stores nationwide, solidifying its position as Vietnam's largest mobile phone retailer. #milestone #retail
Oct 1, 2012 CE
IPO on HOSE
Mobile World Group (MWG) lists on the Ho Chi Minh Stock Exchange (HOSE) under ticker MWG, raising capital for expansion. #ipo #finance
Apr 1, 2013 CE
Top 5 Market Position in Electronics
Dien May Xanh becomes a top 5 electronics retailer in Vietnam, challenging established players. #market_share #electronics
Sep 1, 2014 CE
Launch of Online Store
Launches e-commerce platform thegioididong.com, expanding into online retail. #ecommerce #digital
Jun 1, 2015 CE
Acquisition of Nguyen Kim
Acquires Nguyen Kim, a leading electronics retailer, but later sells due to antitrust concerns. #mergers #acquisition
Nov 1, 2015 CE
Launch of Bach Hoa Xanh
Launches Bach Hoa Xanh (Green Grocer), a grocery store chain, entering the food retail market. #grocery #diversification
Mar 1, 2016 CE
Over 100 Dien May Xanh Stores
Dien May Xanh expands to over 100 stores, becoming the second-largest electronics chain. #retail #expansion
Dec 1, 2016 CE
Vietnam's Top Retailer Award
Named 'Vietnam's Top Retailer' by Vietnam Retailers Association, recognizing leadership. #award #retail
Feb 1, 2017 CE
Bach Hoa Xanh Reaches 100 Stores
Bach Hoa Xanh achieves 100 stores in Ho Chi Minh City and surrounding provinces. #grocery #growth
Jul 1, 2017 CE
Launches 'TopZone' Premium Store
Opens first TopZone store, an Apple Premium Reseller, catering to high-end customers. #apple #premium
Jan 1, 2018 CE
Revenue Exceeds $3 Billion
Annual revenue surpasses $3 billion, driven by strong performance across all retail chains. #financials #revenue
May 1, 2018 CE
Expansion into Cambodia
Opens first store in Cambodia under The Gioi Di Dong brand, marking first international expansion. #international #expansion
Sep 1, 2018 CE
Launch of 'AVA' E-commerce Platform
Launches AVA, an e-commerce site for consumer electronics and goods. #ecommerce #digital
Feb 1, 2019 CE
Dien May Xanh Surpasses 500 Stores
Dien May Xanh reaches 500 stores in Vietnam, becoming the largest electronics retailer. #milestone #electronics
Jun 1, 2019 CE
Acquires 'Vuon Tre'
Acquires Vuon Tre (Kids Garden), a children's toy and education chain, diversifying into toys. #mergers #acquisition
Oct 1, 2019 CE
Bach Hoa Xanh Reaches 300 Stores
Bach Hoa Xanh achieves 300 stores, becoming a major player in the convenience grocery market. #grocery #growth
Mar 1, 2020 CE
Digital Transformation Amid COVID-19
Accelerates e-commerce and contactless payment adoption during the pandemic, boosting online sales. #covid19 #digital
Aug 1, 2020 CE
Listed on FTSE Vietnam Index
Mobile World Group added to the FTSE Vietnam Index, reflecting investor confidence. #stockmarket #index
Dec 1, 2020 CE
Revenue Reaches $4.5 Billion
Annual revenue hits $4.5 billion, maintaining growth despite pandemic challenges. #financials #revenue
Feb 1, 2021 CE
Launches 'An Khang' Pharmacy Chain
Expands into healthcare with An Khang pharmacy chain, operating over 50 stores initially. #healthcare #diversification
Jun 1, 2021 CE
Bach Hoa Xanh Reaches 1,000 Stores
Bach Hoa Xanh hits 1,000 stores, becoming a leading grocery chain in Southern Vietnam. #grocery #milestone
Sep 1, 2021 CE
Acquisition of '4KFarm'
Acquires 4KFarm, an agricultural technology company, to support Bach Hoa Xanh's supply chain. #agtech #supplychain
Jan 1, 2022 CE
Nguyen Duc Tai Steps Down as Chairman
Founder Nguyen Duc Tai resigns as chairman, remaining as strategic advisor; Tran Huy Thanh succeeds. #leadership #transition
Apr 1, 2022 CE
Invests in 'Banh Mi' Startup
Invests in a Vietnamese banh mi chain, continuing diversification into food and beverage. #fandb #startup
Aug 1, 2022 CE
Bach Hoa Xanh Losses Widen
Bach Hoa Xanh reports widening losses due to heavy expansion costs, prompting strategic review. #financials #challenges
Nov 1, 2022 CE
Closes All Cambodia Stores
Exits Cambodia market, closing all stores, citing operational difficulties. #international #exit
Feb 1, 2023 CE
Launches 'The Gioi Di Dong' Brand Campaign
Rebrands image with new slogan 'Everything for You' to enhance customer loyalty. #branding #marketing
May 1, 2023 CE
Partners with Grab for Delivery
Partners with Grab to offer delivery services for Bach Hoa Xanh products. #partnership #logistics
Aug 1, 2023 CE
First Store in Indonesia (under TopZone)
Opens first TopZone store in Indonesia, testing new international market. #international #expansion
Nov 1, 2023 CE
Revenue Declines for First Time
Reports 10% decline in annual revenue for 2023, attributed to economic slowdown and competition. #financials #revenue
Jan 1, 2024 CE
Appoints New CEO for Bach Hoa Xanh
Appoints Pham Van Trong as CEO of Bach Hoa Xanh to turnaround the grocery chain. #leadership #change
Apr 1, 2024 CE
TopZone Chain Reaches 50 Stores in Vietnam
TopZone premium electronics chain expands to 50 stores nationwide. #retail #premium
Jul 1, 2024 CE
Launches 'TechOne' Brand for B2B
Introduces TechOne brand targeting corporate clients for electronic equipment and solutions. #b2b #technology
Oct 1, 2024 CE
Bach Hoa Xanh Achieves First Profit
Bach Hoa Xanh reports its first quarterly profit, marking turnaround success. #financials #profit
Jan 1, 2025 CE
Market Cap Surpasses $5 Billion
Mobile World Group market capitalization exceeds $5 billion, recovering from previous decline. #stockmarket #valuation
Mar 1, 2025 CE
Expands to Philippines via Franchise
Signs franchise agreement to bring Bach Hoa Xanh and The Gioi Di Dong to the Philippines. #international #franchise
Jun 1, 2025 CE
Launches 'Smart Home' Service
Begins offering smart home installation services through Dien May Xanh. #smart_home #technology
Sep 1, 2025 CE
Acquires Minority Stake in Vietnamese E-wallet
Invests in e-wallet startup for digital payment integration. #fintech #investment
Dec 1, 2025 CE
Celebrates 20 Years with 3,000+ Stores
Mobile World Group marks its 20th anniversary with over 3,000 stores across Vietnam and Southeast Asia. #anniversary #milestone