for the quarter ended 31 March 2021
for the quarter ended 31 March 2021
Some of the data here are the latest available to Mekong Capital at the date of this newsletter to be circulated. It might subject to be changed/updated lately.
F88 continued to accelerate its expansion speed in 1Q21 with 54 new branches opened, raising total number of branches to 358 nationwide. At the same time, the company continues its transformation to become the No.1 financial service company in Vietnam being loved and admired by everyone.
In March 2021, Nhat Tin Logistics inaugurated its 20,000m² Van Giang warehouse center in Hung Yen province (around 25km from Hanoi city center). The warehouse was built with a total of over 100 export-import gates, supporting over 100 different means of transport at the same time. This is the company’s largest sorting and classifying center in the North, connecting cities and provinces across Vietnam for faster transportation and goods processing.
In this quarter, Pharmacity increased its retail presence with 22 new stores opened, raising the chain’s total stores to 534 across 17 provinces and cities of Vietnam.
In 1Q21, Vua Nem rolled out 2 new stores, growing its footprint to 81 stores covering 30 provinces and cities nation-wide.
After its famous chain of three café-patisserie-chocolate factory concepts called Maison Marou in Ho Chi Minh City and Hanoi, in 2020, the company developed another concept offering on-the-go experience called Marou Station. In March 2021, the second Marou Station has been launched in Cresent Mall, a high-traffic shopping mall in District 7, Ho Chi Minh City, expanding its network of retail locations to 5 nationwide.
