FROM 2017-2020

In 2018, Mobile World Investment Joint Stock Company (Ticker: MWG)

achieved net revenue of 86,516 billion VND, a growth rate of more than 30%
compared to 2017.
According to statistics of Vietnambiz, this figure is 44 times higher than the
revenue of 1,960 billion VND 10 years ago, the year that Mobile World
Investment JSC was officially established. Net profit in 2018 reached 2,880
billion, nearly 59 times higher than in 2009. According to calculations, MWG
achieved a compound growth rate of more than 52% per year.
Online sales in 2018 reached VND 12,350 billion, equivalent to 14.3% of total
revenue, up 116% compared to 2017 with the foundation of three sales sites:
Thegioididong.com, Dienmayxanh.com and Bachhoaxanh.com . During the year,
the company stopped the e-commerce site Vuivui.com to focus on the Green
Department store system.

Along with the revenue growth, the company's inventory value has also increased
sharply year by year. By the end of 2018, Mobile World inventories reached
17,446 billion VND, equivalent to 62% of total assets.
The ratio of inventories to total assets after peaking at 67.89% in 2015 has been
adjusted to 52.8% in 2017. The increase in inventory ratio in 2018 is explained by
Mobile World. is to prepare to accumulate goods for the peak season of the Lunar
New Year for a total of 2,187 stores (up 9.5% compared to 2017), in addition, the
selling power is expected to be higher.
As of December 31, 2018, the world's short and long-term debt value reached
VND 7,045 billion, an increase of 3.5% compared to a year earlier. The
company's debt growth rate has been greatly reduced if compared with the period
2015 - 2017; in 2016, MWG's debt increased by 2.3 times, while in 2015 it even
increased to 3.3 times.

The growth of Mobile World's aforementioned business results comes from the
strategy of increasing stores in terms of both quantity, size and operational
efficiency.
2015 marked the boom of Mobile World in the electronics business with the Dien
may Xanh chain (formerly Dienmay.com). In the three years period of 2016 -
2018, the number of Dien may Xanh stores increased by 10.8 times to 750 stores.
In 2017, Dien may Xanh had an excellent communication strategy that greatly
affected the consumer community. In addition, in the year Mobile World acquired
the Tran Anh electronics supermarket chain, thereby owning an electrical
hypermarket system. machines in the North and of course the competitor's market
share.
After a year of market exploration, in the past two years Mobile World has also
started a campaign for "proliferation" for the chain of stores selling food and fast-
moving consumer goods, Bach Khoa Xanh.
By the end of 2018, the system reached 405 stores, with continuous adjustment to
increase operational efficiency, the chain reached the breakeven point of EBITDA
at the store and gross profit margin of 16%. The whole system of Bach Khoa
Xanh brought in 4,272 billion VND revenue, up 208%, average revenue per store
reached 1.2 billion / month.
In addition to the current three main chain stores, Gioi Di Dong also started to
enter the drug business in 2017 with the An Khang drugstore chain.
In 2018, by chain of stores, the revenue from Dien May Xanh accounted for the
highest proportion with 55% of MWG's total retail value, followed by Mobile
World with 40% and Bach Khoa Xanh with 5%.
From a category perspective, the mobile phone product group is still contributing
nearly 53% of the company's total revenue as this product group is sold in both
Mobile World and Green Electronics chains, followed by product group. electrical
products with 37%. Food and consumer goods contributed 5%, the rest 5%
belonged to other services.

To continue to maintain its leading position, The Gioi Di Dong aims to dominate
over 55% of the mobile phone market share and 70% of the electronics market
share in Vietnam in the next few years.
Mobile World Investment Joint Stock Company continues to be honored as the
most efficient business company in Vietnam in 2019 organized by Nhip Cau
Investment Magazine in collaboration with Thien Viet Securities Company.
This is the 4th time Mobile World has led the list in the top "50 most effective
companies in Vietnam" in just 6 years of listing on the stock market (2014) and 8
years of this award being held ( 2012-2019).
Especially in 2019, The Gioi Di Dong has reached a market capitalization of over
$ 2.2 billion, 10 times more than the first year of listing on the stock market
(2014).
Also in this year, The Gioi Di Dong recorded net revenue of 102,174 billion dong,
profit of more than 3,836 billion dong, equivalent to 18% growth of revenue and
33% of profit after tax compared to 2018.
Mr. Nguyen Duc Tai - Chairman of Mobile World, with Mr. Doan Van Hieu Em -
CEO of Thegioididong.com and Dien May Xanh
In 2020, the Covid-19 translation caused many companies in the same industry to
drop 30-40%, but the company still set the target of 8% revenue growth and 10%
reduction in profit after tax.
Despite being the leading retailer, The Gioi Di Dong seems to be in a race with
itself to significantly increase the gap with other peers.
Both thegioididong.com and Dien may Xanh are constantly making new
experiments and improvements, from selling more watches, to deployed the "all-
in-one" multi-purpose employee model, from changing the layout of the Dien
May Xanh mini supermarket to increase revenue by 30% to the launch of a new
model to capture 70% of sales retail electronics.
The Green Department Store has grown more and more when revenue and
number of stores in 2019 increased by 2.5 times compared to the previous year.
Just 4 years since its launch, with 1,008 stores operating in 21 provinces, Bach
Hoa Xanh has contributed more than 10,000 billion VND to MWG, accounting
for about 10% of the total revenue of the group in 2019.
These great achievements have also helped Mobile World become the only
Vietnamese representative to be in the Top 100 leading retailers in Asia - Pacific
by Retail Asia Magazine (Retail Asia).
To continue to maintain its leading position, The Gioi Di Dong aims to dominate
over 55% of the mobile phone market share and 70% of the electronics market
share in Vietnam in the next few years. Consumption Mobile World is expected to
continue to grow over 100% in 2020.

COMPETITION TO: VIN

According to the group's consolidated financial statements for the first six months
of 2019, as of June 30, the group's retail segment has achieved revenue of 14,021
billion VND, an increase of 5,867 billion VND, equivalent to an increase of 72%.
last year.

Recently, Vingroup continued to aggressively spend money on expanding its

retail network through mergers and acquisitions (M&A) deals. Statistics from the
Vietnam M&A Forum (MAF) research team show that the value of Vingroup-
related deals accounts for nearly 26% of the total value of the M&A market in
Vietnam in 2018-2019.

In which there are typical deals such as buying 65% capital of Vien Thong A with
the value of 82 million USD (about 1,900 billion VND), buying Fivimart
supermarket system, spending 1 USD to buying chain of 87 convenience stores
Shop & Go. of the Shop and Vitality Joint Stock Company.

After the M&A, VinCommerce continued to lead the retail market in terms of
coverage with 108 VinMart supermarkets and about 1,900 VinMart +
convenience stores nationwide, officially leading the modern retail market in the
country.

In the field of real estate leasing, by the end of July 2019, Vincom Retail has also
increased the total number of commercial centers in operation to 70, spread over
39 provinces and cities nationwide.

Notably, although Vingroup's real estate transfer revenue in the first half of 2019
reached 34,189 billion dong, down from the same period in 2018 mainly due to
the handover of most of the units opened for sale from previous years, but here is
still the most profitable segment for the group.

However, the situation will be different when in the second half of 2018, new
projects including two great urban Vinhomes have just focused on opening for
sale. In particular, Vingroup launched the first megacity in Ho Chi Minh City
Vinhomes Grand Park with a scale of 271ha and upgraded Vinhomes Sportia
urban area to Vinhomes Smart City.
 The two projects will be operated according to the smart urban model, pioneering
in the application of artificial intelligence (AI) and Internet of Things (IoT)
technology in operations and management.

Most of the group's operations recorded a decent growth rate in the first half of
this year, as the education and health segments increased from 21% to 47% year-
on-year, respectively.

The hotel, tourism and entertainment segment increased 12%, real estate rental
investment and related services increased 22% year-on-year .... Thanks to that,
pre-tax profit reached 6,840 VND billion, up 19% compared to the first half of
2018.

As of June 30, Vingroup's total assets reached VND 338,356 billion, equity
reached VND126,221 billion, up 17% and 27% respectively compared to the end
of 2018.

With impressive revenue results, Vingroup is one of 7 representatives of Vietnam

who has entered into the top 200 enterprises with revenue over $ 1 billion in the
best performance in Asia - Pacific by Forbes, ranking in the same table with other
Notable businesses like Alibaba, Jollibee and Tencent ...

SUMMARY
After 6 years on the floor, 6 times Mobile World Investment JSC (Ticker: MWG) was
honored in the prestigious ranking of Forbes.

Not multidisciplinary company, focusing only on "retail" still earns hundreds of trillion

Regularly every year for 6 years since being listed, MWG has participated in the top 50
best listed companies of Forbes.

Last year, for the first time, MWG surpassed the revenue milestone of 100 trillion dong,
reaching 102,174 billion dong, the net profit after tax was 3,834 billion dong, equivalent
to the growth rate of 18 percent in revenue and 33 percent in profit compared to the
previous year. , thereby enrolled and become one of the three rare names in the "Club
hundred trillion".

The Gioi Di Dong surpassed many famous names in the field of finance and banking, and
was also one of the few companies on the floor not related to real estate. Even the
chances for MWG to rise in the top 3 are enormous when all plans for growth are ready.

MWG maintained its No. 1 position in the retail industry, top 3 best listed companies -
Photo 1.
In the comments and ratings, Forbes Vietnam said: "In 2020, the retail industry will face
many challenges, but The Gioi Di Dong continues to maintain its position as the No. 1
retailer in Vietnam when promoting the expansion of the department store system. Blue".

MWG remains the number 1 retailer, top 3 best listed companies - Photo 2.
Business rankings from Asia to Vietnam: MWG is always ‘'top”. Photo: MWG
Not stopping at number 1 in Vietnam

Despite being firmly established at number 1 in the retail industry and entering the name
of the Hundred Million Billions Club, Mobile World ambitions do not seem to end there.
If according to the plans these companies announced, a worthy position in the regional
market would probably be what the company is aiming for.

Last August, Dien may Xanh has just 'launched' a new model of Dien May Xanh
supermini to dominate the rural electronics market with the ambition to win 60% of the
retail electronics market nationwide.

Bluetronics model in Cambodia is expected to cover this market by the end of this year,
and is expected to contribute significantly to the overall revenue of the company. Above
all, a complete Bluetronics model will help MWG bring larger and higher spending
markets in the region such as the Philippines, Indonesia, Malaysia ...

MWG remains the number 1 retailer, top 3 best listed companies - Photo 3.
Photo: MWG.
In the field of essentials, Bach Hoa Xanh is also "threatening" the current No. 1 position
of the current retailer in the mini-supermarket segment by leading the growth of the
number of stores in the whole segment.

The chain's number of stores has doubled in just 12 months, while other houses have
closed due to inefficiency or failure to open new ones. The recent Nielsen report also
showed that Bach Khoa Xanh saw 3-digit growth up to 138%, while modern retail
channel increased by only 15% and traditional channel decreased by 3%.

With extensive experience in the retail sector and a quick adaptability, the above plans to
keep sales growth at a high rate may not be too difficult to implement. And so, the No. 1
position in Vietnam will probably be a "too tight shirt" for a body that is always growing
fast like MWG.