MWG - Brief - [NONRATED] - 2Q26: Bach Hoa Xanh expands aggressively

In 2Q26, MWG posted revenue of VND48,751bn, +29.6% yoy. The three core chains, Thegioididong (TGDD), Dien May Xanh (DMX) and Bach Hoa Xanh (BHX), delivered another quarter of strong yoy growth; however, only the BHX chain recorded qoq growth in 2Q26.