HP Vietnam and Mobile World Investment Corporation ink a memorandum of agreement to establish a strategic business partnership on retail expansion and offering premium experiences. — Photo courtesy of HP
HP Vietnam and Mobile World Investment Corporation (MWG) have signed a memorandum of agreement to establish a strategic business partnership that focuses on retail expansion and leveraging advanced technology to elevate retail experiences nationwide.
Nguyễn Minh Đức, managing director of HP Vietnam, said: “The partnership we are establishing between HP and MWG combines our expanding retail investments with one of Việt Nam's leading companies. This positions us to seize growth opportunities in the evolving tech industry. Together, we are committed to empowering individuals and businesses with innovative solutions, setting new standards in consumer experiences.”
Đoàn Văn Hiểu Em, CEO of MWG, expressed enthusiasm about the partnership: "At MWG, we are excited to announce our partnership with HP to expand our product range and provide exceptional value for our customers. We are also proud to introduce a new shopping experience for the people of Việt Nam through our shop-in-shop model, which aims to enhance customer engagement and convenience."
“Together, we look forward to setting new benchmarks in the retail sector, providing access to world-class technology products at competitive prices,” he said.
According to Mordor Intelligence, Việt Nam’s retail sector is anticipated to reach over US$488 billion by 2029, with a steady compound annual growth rate of 12.1 per cent. At the same time, Artificial Intelligence (AI) is expected to be the primary catalyst for change in the next decade, significantly enhancing productivity, fostering innovation, and leading to revolutionary discoveries.
The agreement signifies a unified vision for business expansion and offering premium technology products at competitive prices from 2025 to 2027 at Mobile World and Bluetronics chain stores, according to HP.
The collaboration is also a testament to their commitment to enhancing premium retail experiences, cultivating lifelong relationships with customers, creating more meaningful experiences for customers with the next generation of HP AI personal computers (PCs), and offering gamers experiences with high-performance PCs and peripherals designed for seamless play and connectivity. — VNS