MWG reported Q3 2026 net revenue of over 52,600 billion VND, up 32%, and after-tax profit of over 3,500 billion VND, nearly double the year-earlier level and a quarterly record for the company. For the first nine months, net revenue reached 147,827 billion VND (up 30%) and after-tax profit 9,634 billion VND (up 93%), completing 80% of the full-year revenue plan of 185,000 billion VND and exceeding the 9,200 billion VND profit target by 5%. The DMX group generated nearly 99,200 billion VND in nine-month revenue, up 29%, with same-store sales growth (SSSG) of 30%, and buy-now-pay-later accounted for 38% of group revenue. Bach Hoa Xanh reached 45,900 billion VND, up nearly 34%, and the An Khang pharmacy chain's revenue rose 22%. MWG expects full-year revenue growth of 30% versus the prior year, supported by new Apple products and the year-end shopping season.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: MWG lãi kỷ lục quý 3, vượt kế hoạch cả năm sau 9 tháng
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
MWG
▲ Likely positiveMobile World
Relevance: high
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Retail |
| Industry | Broadline Retailers |
| Market cap | 110,382 bn VND |
| P/E | 11.2 |
| P/B | 3.23 |
| Close on 10/27/2026 | 75.70 |
| Change that session | +1.20% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- A retail giant with 7777 stores earns over 540 billion VND a day
MWG (Thế Giới Di Động) reported nine-month net revenue of 147,953 billion VND, up 30% year on year, averaging over 540 billion VND a day, and has completed 80% of its 2026 revenue plan of 185,000 billion VND. The Điện Máy Xanh group generated nearly 99,200 billion VND, up 29%, with same-store revenue growth of 30% and buy-now-pay-later accounting for 38% of sales. Bách Hóa Xanh reached 45,900 billion VND, up nearly 34%, while Erablue in Indonesia grew revenue 86% and opened 156 stores. The system now totals 7,777 stores, including 3,340 Điện Máy Xanh, 3,904 Bách Hóa Xanh, 438 An Khang pharmacies and 95 AVAKids.
- Mobile World guarantees unconditionally for Bach Hoa Xanh's VND 2,000 billion loan
Mobile World Investment JSC (MWG) has provided an unconditional, irrevocable guarantee for Bach Hoa Xanh Trading JSC to borrow up to VND 2,000 billion, valid until 31 Dec 2027. As of 30 June, MWG indirectly owned 94.94% of Bach Hoa Xanh, a food trading business that runs the Bach Hoa Xanh chain, and at that time the company had accumulated losses of over VND 4,970 billion. By the end of September, Bach Hoa Xanh had 3,904 stores, 292 more than at the end of August, making it the largest chain in the MWG ecosystem. In the first half, MWG posted revenue of over VND 95,213 billion (up 29%) and after-tax profit of VND 6,112 billion (up 91%), completing 66% of its annual plan.
- A retail tycoon is recruiting staff to sell vegetables, with pay of up to 30 million VND a month
Bach Hoa Xanh, a food supermarket chain belonging to Mobile World Investment (MWG), is recruiting in several Hanoi areas as it continues opening stores nationwide. Supermarket staff earn VND 9–14 million a month, supermarket managers VND 15–30 million, and part-time collaborators VND 31,000–35,000 an hour, though the notice does not specify experience requirements for each position. The chain now has 4,050 stores, nearly 1,500 more than at the start of 2026. Eight-month revenue reached about VND 40,100 billion, up nearly 32% year on year. August revenue of about VND 6,200 billion rose 55% year on year and 11% from the previous month, a record monthly high since the chain began operating, with fresh food and FMCG as the main growth drivers.
- Consumers cut back on online 'sale hunting'
According to YouNet ECI's third-quarter eCCI report, only 46% of online shoppers said discounts and promotions drive their purchases, down 7 percentage points from the second quarter. Meanwhile, 74% cited product quality as a key factor when shopping online, up 22 percentage points. The article attributes the shift to frequent sales that spread out buying power, shoppers stocking up on items that expired, and sellers absorbing higher platform fees and 70-30 co-funded discount schemes. Industry executives suggest brands shift budgets from deep discounts toward better customer experience and trust.
- 'Black swan' event has a major impact on Vietnam’s diamond market
At PNJ’s extraordinary shareholders’ meeting on October 21, the company said customer buybacks surged from July after an incident involving the P-Lab director, with July’s total value reaching nearly 6,000 billion VND, almost equal to all of 2025 (about 7,000 billion VND). General Director Phan Quốc Công called the episode a “black swan,” and the company shortened payment times for some gold and jewelry products to 2–7 days, while diamonds remain at 120 days. The board proposed booking a 7,071 billion VND provision in 2026, which would push the pre-tax result to a loss of more than 6,000 billion VND, even though revenue is projected at 39,057 billion VND, up 10%. PNJ also plans to close 25–30 underperforming stores and issue up to 550 million shares in a private placement; Chairwoman Cao Thị Ngọc Dung apologized to shareholders.
- Over VND 20 Billion Embezzled at PNJ Aeon Mall Long Biên Store: Court Requests Clarification of Responsibilities of Multiple Parties
The Hanoi People's Court has returned the case of embezzlement of over VND 20 billion at a PNJ store in Aeon Mall Long Biên to prosecutors for further investigation. Accountant Nguyễn Thị Thu, charged with embezzlement, allegedly had advisers deposit customer payments into her personal accounts, then altered the accounting software to show AEON owed PNJ the same amount, using the money for online gambling. Store manager Nguyễn Hữu Hồng and cashier Nguyễn Thị Ngọc Nhi are charged with negligence causing losses of over VND 20 billion and nearly VND 9 billion respectively. The court asked for clarification of discrepancies in PNJ's per-individual statement, the responsibility of advisers who breached sales procedures, and of the supervisor who failed to detect the losses over six months.
Related markets
Latest news
- The Prime Minister's answer on “Positioning Vietnam in the Global Future”
At a dialogue during the Autumn Economic Forum (AEF 2026) on the morning of 28 October with WEF Managing Director Stephan Mergenthaler, Prime Minister Lê Minh Hưng said Vietnam aims to position its economy along 3 directions: becoming a hub for emerging digital technology, new and green energy, and green agricultural production in the region and the world; becoming a reliable link in regional and global supply chains and value chains; and contributing increasingly to regional and global growth. He cited 3 advantages: a strategic location with political and macroeconomic stability; a new development stage driven by science and technology, innovation and digital transformation; and a broad domestic base, with a population of over 100 million. The Prime Minister stressed Vietnam's firm commitment to an independent, autonomous and self-reliant foreign policy.
- AI chip giant SK hynix posts seven-fold surge in quarterly operating profit
SK hynix reported a 632% jump in third-quarter operating profit, driven by booming demand for AI semiconductors, and announced plans to return an additional 60 trillion won to shareholders. Operating profit for July–September reached 83.33 trillion won ($62.8 billion), about seven times the year-ago level, while net profit rose 215.7% to 39.77 trillion won and sales hit 104.61 trillion won. The company said it has posted record revenue and operating profit for six straight quarters. However, net profit fell short of the 59.67 trillion won average analyst estimate, according to Yonhap. SK hynix also plans to return most of the gains from its Kioxia investment through special dividends.
- Mr Hunter Lê Khắc Ngọ requests re-appraisal of 143 seized gold pieces
At a trial over the fraud case led by Mr Pips, Lê Khắc Ngọ (Mr Hunter) asked for the 143 seized gold pieces to be re-appraised at current value, about 600 billion dong, so they can be converted to pay compensation. Prosecutors determined he is responsible for 287 cases totalling over 339 billion dong within a forex stock fraud ring that took more than 1,500 billion dong. Ngọ said the gold was commission he received while working in the ring, that he took gold instead of cash, and he asked the court to clarify the money-laundering allegation linked to it. He also proposed using the gold to pay restitution for himself and for administrative, IT and sales staff in the group, with any surplus to be surrendered to the state.
- Coinbase denies systems breach, says vendor exposed customer data
Coinbase said an incident at analytics vendor Amplitude exposed the contact data of some customers, but it found no evidence of unauthorized access to its own systems. The incident affected a “small subset” of Coinbase customers and other Amplitude clients, and Coinbase said customer funds were not affected. The disclosure came alongside other reports that day, including South Korean brokerage Daishin Securities, which reported a leak of personal and credit information for 38,490 customers, and a breach investigation at Bithumb. Coinbase had also disclosed a separate data breach in May 2025 affecting less than 1% of its monthly transacting users, with reimbursement and remediation costs estimated at up to $400 million.
- Hòa Phát Pays VND 12,038 Billion to State Budget in First Nine Months of 2026
In the first nine months of 2026, Hòa Phát Group contributed VND 12,038 billion to the state budget across 20 provinces and cities, up 28% year-on-year. Thép Hòa Phát Dung Quất was the largest contributor with VND 7,352 billion, up 26%, while Thép Hòa Phát Hải Dương paid VND 2,331 billion, up 66%. Quảng Ngãi accounted for 60% of the total, with VND 7,332 billion. As of 30/9/2026, the group's cumulative contribution to the state budget since its 2007 listing exceeded VND 112,700 billion.
- President Putin Makes Surprise Announcement: Russia and US Explore Cooperation in One of the World's Most Resource-Rich Regions
Speaking at the 8th summit of the Gas Exporting Countries Forum (GECF) in Moscow on 27 October, President Putin said Russia is ready to work with partners genuinely interested in joint projects and is exploring cooperation with US partners in the Arctic. The New York Times reported that the two sides are considering Polar LNG, a project using Russian technology to extract, liquefy and export natural gas from Alaska, with Novatek considering a minority stake. The project is notable because Novatek has extensive Arctic LNG experience, though the company behind Arctic LNG 2 is under US sanctions. Meanwhile, Kiev has criticized the diesel deal between Russia and the US, while the EU says it maintains sanctions pressure and continues to reduce its dependence on Russian energy.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.