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21 Oct

Two representatives from Vietnam are in the list of powerful businesswomen in Asia by Forbes Asia

25 most outstanding female leaders in the Asia-Pacific region will be in the list of most powerful businesswomen of Asia this year. The two Vietnamese representatives that are in this list are Ms. Truong Thi Le Khanh, the founder and the Chairwoman of Vinh Hoan Company and the Chairwoman Nguyen Bach Diep of FPT Retail. 2020 is the year that leaders have continuously experienced many challenges because of the Covid-19 pandemic. 25 entrepreneurs honored by Forbes Asia this year did and have been undergoing many difficulties, showing their morale in chaotic period. These female entrepreneurs represent for many industries, from biotechnology, technology...

21 Oct

The Chairman of FPT Retail is in the top 25 most powerful businesswomen in Asia in 2020

Mrs. Nguyen Bach Diep, the Chairman of the Board of Management of FPT Retail, has just been honored by Forbes Asia Magazine in the list of the 25 most powerful businesswomen in Asia in 2020. FPT Retail’s Chairman, was honored as one of the 25 most powerful businesswomen in Asia announced by Forbes Asia. Accordingly, Forbes Asia Magazine has just announced 25 most powerful businesswomen in Asia 2020 (Asia's Power Businesswomen). This year, the representatives came from many countries in the region such as Japan, China, Korea, Singapore, etc. and participated in many different business fields. Mrs. Nguyen Bach Diep, the "Female General"...

16 Jul

FPT Shop most engaging brand on Facebook in Vietnam: report

A store of FPT Shop in the northern city of Hai Phong. Photo courtesy of FPT Shop. FPT Shop under FPT Retail, Vietnam’s second largest electronics retailer, has topped the list of 10 brands garnering the most interactions on Facebook. FPT Shop’s fanpage recorded a total of 7.3 million interactions on Facebook in the first half of 2020, followed by Lazada Vietnam (6.4 million) and Shopee Vietnam (5.2 million), according to a report by Prague-based social media marketing company Socialbakers. The fanpage of food review and delivery startup Foody Vietnam ranked fourth with a total of 4.9 million interactions. Socialbakers said in its report...

24 Jun

2020 is the year when FPT Retail is at the bottom of business, the Company is ready for new products

2020 is the year when FPT Retail is at the bottom of business On 28 May afternoon, FPT Digital Retail Joint Stock Company (FPT Retail, HoSE: FRT) held the General Meeting of Shareholders of 2020. In 2020, the Company sets the target of VND 15,320 billion of revenue, down by 8%, and VND 220 billion of profit before tax, decreased by 21%. In 2019, FPT Retail’s revenue was increased by more than 5% to nearly VND 17,000 billion, and profit before tax, decreased sharply by 36% to VND 278 billion. According to the Chairman of the Board of Management Ms. Nguyen Bach Diep,...

24 Jun

FPT Retail’s General Meeting of Shareholders: Ready for new products

On 28 May afternoon, FPT Digital Retail Joint Stock Company (FPT Retail, stock code: FRT) held the General Meeting of Shareholders of 2020 In 2019, FPT Retail’s revenue was increased by more than 5% to nearly VND 17,000 billion, and profit before tax, decreased sharply by 36% to VND 278 billion. In 2020, the Company sets the target of VND 15,320 billion of revenue, which is down by 8%, and VND 220 billion of profit before tax. Such result in 2019 was because at the end of last year, the Company made provision for bad debts for 2 programs, F.Friend and Subsidy...

24 Jun

FRT’s General Meeting of Shareholders: ICT revenue will be decreased by more than 14%, while that of Long Chau pharmacy chain is expected to be increased by threefold to VND 1,500 billion

According to FRT, the Company has been affected by Covid-19 since March and in April, 170 stores closed, equivalent to one-third of FPT Shop’s total national scale, which has caused an impact on the whole business activities. After the social distancing was released in May, the stores were opened, however, the consumers’ demand is affected, their income was reduced, thus, the purchasing power and demand for non-necessities decreased. According to the preliminary forecast, the revenue of the second quarter may be down by 15 to 20% compared to that of the first quarter of 2020. On 28 May afternoon, FPT Digital...

24 Jun

FRT’s General Meeting of Shareholders: Encroaching on “self-made products”, Long Chau chain plans to reach the revenue of VND 1,500 billion

At the General Meeting of Shareholder of FPT Digital Retail Joint Stock Company (stock code: FRT), which was in this afternoon, Ms. Nguyen Bach Diep, Chairman of FRT's Board of Management, said that Long Chau chain aims to increase its revenue by triple to VND 1,500 billion, which is by expanding the number of stores to 220 in 2020. And Long Chau is also promoting the development of "self-made" products of functional foods, medical equipment, pharmaceuticals and cosmetics. In the second quarter of 2020, FRT’s revenue may be decreased by 10 to 15% due to Covid pandemic. Sharing at the General...

24 Jun

FPT Retail: Opening new 220 Long Chau pharmacies, the turnover of pharmaceutical segment is anticipated to soon reach VND 5,000 billion

FPT Retail expects to expand Long Chau pharmacy chain to 220 stores in 2020, the pharmaceutical segment is anticipated to contribute approximately VND 5,000 billion, accounting for 40% of the total turnover in the next 3 to 4 years. The pharmaceutical segment will contribute about 40% to FRT’s total turnover at an expected amount of VND 5,000 billion in the next 3 to 4 years.   On 28 May afternoon, at FPT Tan Thuan Towel (District 7, HCMC), FPT Digital Retail Joint Stock Company (FRT) has held the Annual Meeting of Shareholders of 2020. The Meeting has approved on fundamental targets and be...

22 Jun

FRT is confident that Long Chau pharmacy chain will break out from 2021 and account for 30% of the market share in the next 2 to 3 years

Recently, due to the Covid-19 epidemic and the directive of social distancing, the locations for Long Chau’s new pharmacies were not licensed, so the opening is slowed down. Although the situation has become stable now, Ms. Diep said, under the current context, it is expected that Long Chau will reach the break-even in 2022 (the initial plan is to incur profits in 2021). As one of the enterprises behind ICT retail trend, FPT Retail (FRT) had a strong battle phase and ranked second in the market. This is noteworthy, however, after the game of FPT Shop ended, it was also the...

22 Jun

FPT Retail aims to reach VND 220 billion of profit in 2020 and plans to expand Long Chau Chain to 220 stores

FPT Retail still expects to account for 30% of the market share of pharmaceutical retail channel through pharmacies in the next 3 to 4 years, in the future, the pharmacy segment will contribute about 40% of the Company’s total revenue at approximately VND 5,000 billion. On 28 May, FPT Digital Retail Joint Stock Company (FPT Retail) has organized the annual General Meeting of Shareholders of 2020. According to the report, in 2019, the Company achieved VND 16,634 billion in revenue, up 9% compared to that in 2018. Remarkably, the online sales reached VND 3,899 billion, up 60% compared to that in 2018...