Thế Giới Di Động (a subsidiary of MWG) is honored to be a distinguished representative of Vietnam’s business community, alongside Vingroup, Vietnam Airlines, and FPT Software, accompanying General Secretary Tô Lâm and the high-ranking delegation of the Vietnamese government at the Vietnam - Indonesia High-Level Economic Forum. This event is not only a key opportunity to foster economic cooperation between the two nations but also marks a significant milestone in Thế Giới Di Động’s expansion strategy within the Southeast Asian region.
Mr. Đoàn Văn Hiểu Em – Representative of Thế Giới Di Động at the MoU Signing with Erayaja
In Vietnam, Thế Giới Di Động takes pride in being the No. 1 retailer, operating 5,000 stores and aiming for a $6 billion revenue target by 2025. Our business portfolio continues to expand, covering mobile phones, electronics, home appliances, pharmaceuticals, food, and mother & baby products - ensuring that we comprehensively meet customer needs. Beyond domestic growth, we are pursuing regional expansion, with Indonesia as our first strategic destination.
Through our partnership with Erayaja, we established EraBlue, reaching 100 stores within just two years of operation. This solid foundation sets the stage for an ambitious future: by 2027, EraBlue aims to own 500 stores, achieve a cumulative revenue of over $1 billion, and become Indonesia’s largest retailer in both scale and revenue. Furthermore, we aspire to take EraBlue public through an IPO, marking a significant milestone in our international expansion journey.
At the Vietnam - Indonesia Economic Forum, under the witness of General Secretary Tô Lâm and the delegation, Thế Giới Di Động and Erajaya officially signed an MoU for a $50 million investment agreement. This partnership underscores the strategic vision and shared ambition of both companies to drive significant growth and expansion toward 2027.
Committed to delivering the best shopping experience, Thế Giới Di Động continuously innovates to offer high-quality products, superior services, and flexible shopping solutions. We will maintain our leadership in Vietnam’s retail industry while accelerating growth to become a trusted regional brand.
Thế Giới Di Động sincerely appreciates the Vietnam - Indonesia High-Level Economic Forum for facilitating business connectivity between the two countries. We firmly believe that the collaboration between Vietnamese and Indonesian enterprises will continue to thrive, unlocking vast opportunities and achieving remarkable successes in the future.