Vietnamese company opens 50th store in Indonesia | Business

At the 50th store of EraBlue in Indonesia (Photo: VNA)

Jakarta (VNA) – Vietnam’s Mobile World Investment
Corporation (MWG) opened the 50th store of EraBlue – its joint
venture with Indonesia’s leading technology retail provider Erafone – in Tangerang,
Indonesia on January 23.

In just over a year, the EraBlue brand has established a retail
chain in Indonesia with each store covering an area of
approximately 400 square metres and earning monthly revenue of around 4.5
billion VND (183,112 USD).

According to Vietnamese Ambassador to Indonesia Ta Van Thong, this event comes exactly one
week after the visit of Indonesian President Joko Widodo to Vietnam. The
development of EraBlue contributes to the realisation of the commitments and wishes
of the countries’ high-level leaders regarding increasing trade and investment
cooperation between the sides’ business communities.

CEO of MWG Doan Van Hieu Em unveiled that the company
aims to set up 500 stores in the Indonesian market by 2027.

Its local partner Erafone now has a network of around 1,200
stores, specialising in providing telecommunications equipment, tablets,
laptops, and other digital products./.


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