for the quarter ended 31 December 2020
for the quarter ended 31 December 2020
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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During 4Q20, F88 exceeded its vision 1 year earlier than its original plan by opening 60 new branches, reaching a total 300 branches in 42 cities and provinces in Vietnam.
space In December 2020, Nhat Tin Logistics has officially launched a new business unit named Nhat Tin Express to target specifically e-logistics marketplace, including e-commerce and social commerce. Nhat Tin Express envisions to become a leading e-commerce logistics company in Vietnam, delivering a world-class experience to customers via advanced technology and excellent service. Nhat Tin Express is expected to contribute to the company’s Vision of being one of the Top-3 logistics companies in Vietnam by 2023.
In 4Q20, Pharmacity reached 512 stores in 14 provinces and cities of Vietnam, an increase of 35 stores compared to 3Q20. This marked an important milestone of Pharmacity half-way to achieving its 2021 target of 1,000 stores.
During 4Q20, Vua Nem opened 13 new stores, raising the total number of stores to 79 stores covering 30 provinces and cities nation-wide.
In 4Q20, Pizza 4P’s opened its first restaurant in Hai Phong, bringing the total of Pizza 4P’s restaurants nationwide to 21. Pizza 4P’s Hai Phong is a step closer to 4P’s vision of making the world smile for peace.
When MEF III divested in 2022, Pizza 4P’s grew from a chain of 8 restaurants in 2018 to a network of 27 restaurants in Vietnam and Cambodia, representing growth of more than three times. During this rapid growth, Pizza 4P’s has successfully maintained its uniquely high-quality standards and commitment to delivering ‘Wow’ dining experiences to its customers. As a validation of its stronghold in customer experience, Pizza 4P’s has been nominated as the Best Pizza in Vietnam and Cambodia as part of the Asia’s Best Awards 2022 by the well-known international magazine Travel + Leisure Asia.
