Nguyenkim Shopping Center

Last updated

Nguyenkim Trading Joint Stock Company
Nguyenkim Logo.svg
Type of business Public
Type of site
 E-commerce
Available in English, Vietnamese
Founded1992
Headquarters Ho Chi Minh City, Vietnam
Area servedVietnam
OwnerPico
Founder Nguyễn Văn Kim
Industry Retail
Electronics
Online shopping
Products Audios
Videos
Major appliances
Small appliances
Computers
Mobiles
Games
URL https://www.nguyenkim.com/

Nguyenkim Shopping Center is a Vietnamese consumer electronics retail chain. [1] Established in 1992, the company operates a network of stores specializing in home appliances, digital devices, and entertainment systems. [2]

Contents

History

Nguyen Kim was founded in 1992 in Ho Chi Minh City, initially operating as a retail shop for electronics. [1] [2] In 1996, the company opened its first large-scale retail center on Tran Hung Dao Street and later expanded its operations to Hanoi in 2007. [3]

In 2015, Central Group acquired a 49% stake in Nguyen Kim. [4] Subsequently, in June 2019, the company took full operational control by acquiring the remaining 51% of NKT New Solution and Technology Development (the owner of Nguyen Kim) for VND 2.66 trillion (US$115 million). [5]

In December 2025, Central Group divested Nguyen Kim, selling the chain to local competitor Pico for 1.1 billion baht (US$36 million). [6]

References

  1. 1 2 "Số phận chuỗi siêu thị điện máy Nguyễn Kim". thegioitiepthi.danviet.vn (in Vietnamese). 27 December 2025. Retrieved 18 January 2026.
  2. 1 2 VnExpress. "Central Group takes control of Vietnamese electronics retailer - VnExpress International". VnExpress International – Latest news, business, travel and analysis from Vietnam. Archived from the original on 20 July 2025. Retrieved 18 January 2026.
  3. ↑ VietnamBiz (23 December 2025). "Người Thái sang tay chuỗi điện máy Nguyễn Kim cho Pico Holdings". vietnambiz (in Vietnamese). Retrieved 18 January 2026.
  4. ↑ "Thai retail giant acquires 49% of Vietnamese electronics retailer". Nikkei Asia. Retrieved 18 January 2026.
  5. ↑ "Electronic retailer Nguyễn Kim acquired by Central Group". vietnamnews.vn. Retrieved 18 January 2026.
  6. ↑ VnExpress. "Thai firm to sell Vietnam retail chain Nguyen Kim to local competitor - VnExpress International". VnExpress International – Latest news, business, travel and analysis from Vietnam. Archived from the original on 24 December 2025. Retrieved 18 January 2026.
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