
Doan Van Hieu Em
Built Vietnam's largest electronics and grocery retailer with 6,000+ stores across three brands, transforming from a phone shop chain into a multi-category retail powerhouse
Doan Van Hieu Em leads Mobile World Investment Corporation (MWG) as CEO, overseeing Vietnam's largest consumer electronics and grocery retail company. MWG was founded as a mobile phone retail chain (The Gioi Di Dong, which translates to "Mobile World") and has evolved into a multi-category retail powerhouse operating over 6,000 stores across Vietnam. The company operates three main retail brands: The Gioi Di Dong (mobile phone shops — Vietnam's #1 mobile retailer), Dien May Xanh (consumer electronics and appliances — the "Xanh" or "Green" brand has become Vietnam's largest electronics retail chain), and Bach Hoa Xanh (grocery stores — the newest and most ambitious initiative, aiming to modernize Vietnam's fragmented grocery market dominated by traditional wet markets and mom-and-pop shops). MWG has also launched An Khang, a pharmacy retail chain. Bach Hoa Xanh is the most strategically significant but also the most challenging business: modernizing grocery retail in Vietnam represents an enormous opportunity (the market is worth tens of billions of dollars) but requires massive investment and operational execution. Key stock drivers include Vietnamese consumer spending growth, electronics retail same-store sales, Bach Hoa Xanh profitability trajectory, smartphone replacement cycles, online competition, and the overall health of Vietnam's fast-growing economy.
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