2Q21 Newsletter

2Q21 Newsletter
for the quarter ended 30 June 2021

2Q21 Newsletter
for the quarter ended 30 June 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.

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New Investment

New Investment
Mutosi Group  

In June, Mekong Enterprise Fund IV completed an investment of US$10 million in Mutosi Group. Mutosi Group is a home appliance brand, specializing in producing water purifiers, air purifiers, and other electrical appliances following Japanese standards.

The investment from the MEF IV will support the company to advance its research & development in manufacturing technology, increase the quality of customer experience, train and develop staff, as well as expand distribution.

Mutosi Group

Spotlights on investee companies

Spotlights on investee companies
59 New branches opened

In this quarter, F88 speeded up its expansion with 59 new branches opened, raising total number of branches to 417 nationwide. The company is on track to achieve 1,000 branches at the end of 2023.

 59 New branches opened
Expanded in 195 Districts

During the quarter, Nhat Tin Logistics accelerated its network expansion by opening new branches, post offices, and pick-up and delivery locations in 195 districts, covering a total of 443 districts nationwide. The expansion will enable Nhat Tin Logistics to improve its on-time delivery rate as well as acquire more customers.

Expanded in 195 Districts
51 New stores opened

In the second quarter of 2021, Pharmacity opened 51 new stores, increasing its retail presence to a total of 585 stores across 17 cities and provinces of Vietnam.

 51 New stores opened
Launched 15 New stores

In 2Q21, Vua Nem added 15 new stores to its retail chain, growing its footprint to 96 stores covering 33 provinces and cities nation-wide.

Launched 15 New stores
Opened the 4th Bia Craft

In April, Bia Craft opened its 4th location in District 10, Ho Chi Minh City. This new location raised Red Wok’s portfolio to 26 locations from 4 brands across the country.

Opened the 4th Bia Craft
Opened Pizza 4P's Indochina Plaza Ha Noi

In 2Q21, 4P’s opened its 8th Pizza 4P’s restaurant in Hanoi at Indochina Plaza, increasing the number of 4P’s restaurants to 23 nationwide.

Opened Pizza 4P's Indochina Plaza Ha Noi
Opened 539 Point Of Sales

Within quarter II of 2021, Mutosi has successfully opened 539 Point of Sales (POS), achieving a total of 2,739 POS nation-wide. The company is on track to establish a network of 4,000 POS at the end of 2021. Mutosi aims to ensure Vietnamese people have access to clean water while uplifting Vietnam’s national brands in the world.

Opened 539 Point Of Sales
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