Nguyenkim Shopping Center
 | |
| Type of business | Public |
|---|---|
Type of site | E-commerce |
| Available in | English, Vietnamese |
| Founded | 1992 |
| Headquarters | Ho Chi Minh City, Vietnam |
| Area served | Vietnam |
| Owner | Pico |
| 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]
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
- ^ a b "Số phận chuỗi siêu thị điện máy Nguyễn Kim". thegioitiepthi.danviet.vn (in Vietnamese). 27 December 2025. Retrieved 18 January 2026.
- ^ a b 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.
- ^ VietnamBiz (23 December 2025). "Người Thái sang tay chuỗi điện máy Nguyễn Kim cho Pico Holdings". vietnambiz (in Vietnamese). Retrieved 18 January 2026.
- ^ "Thai retail giant acquires 49% of Vietnamese electronics retailer". Nikkei Asia. Retrieved 18 January 2026.
- ^ "Electronic retailer Nguyễn Kim acquired by Central Group". vietnamnews.vn. Retrieved 18 January 2026.
- ^ 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.