Stage of development in the economy of MWG Vietnam has more than 97 34 million people, of which 65% of the population is of working age A country with a young population structure with a steady GDP gr.
Stage of development in the economy of MWG Vietnam has more than 97.34 million people, of which 65% of the population is of working age A country with a young population structure with a steady GDP growth rate is one of the big opportunities for MWG In 2017, the total revenue of MWG was VND 2,207 billion, in 2018 it reached VND 2,880 billion In 2019, MWG's profit reached VND 3,836 billion At the end of 2020, due to the outbreak of the Covid-19 pandemic, the number of people infected with Covid-19 in Vietnam increased sharply and the government had to apply pandemic prevention measures such as social distancing on a large scale Therefore, it has a significant impact on per capita income, making consumers afraid to spend on non-essential products and need many smart devices to support online jobs and learning online in this time when social distancing In addition, the retail industry is still facing many difficulties when most stores are forced to close MWG changes its business method, focusing on online customers and having home delivery services to help increase the revenue of businesses In the first months of the year, the online revenue of MWG contributed nearly VND 9,320 billion (excluding tax) Thus, the Company still completed 69% of the revenue plan and 70% of the year's profit after tax plan