13-11-2018 15:28
If the proposal of Saigon Beer, Alcohol and Beverage Corporation (Sabeco) to remove the foreign owned limit (FOL) is approved, it will open the doors for ThaiBev and other foreign investors to increase their share of the Vietnamese beer market.
27-08-2018 16:17
After Saigon Alcohol, Beer and Beverage Corporation (Sabeco) announced paying dividend, its share valuation saw an increase by approximately VND7,000 per share to VND220,000 ($9.7).
31-07-2018 10:24
The post-merger and acquisition business efficiency of Nguyen Kim Trading JSC remains uncertain, as more than three years after it engaged in an M&A deal with leading Thai retailer Central Group, it declines to share information about its business performance with the public.
27-07-2018 22:32
Singaporean businessman Neo Gim Siong Bennett will take over as general director of Sabeco (code: SAB) as of August 1, 2018.
25-07-2018 10:47
Deputy general director of Sabeco Neo Gim Siong Bennett has just been appointed to the highest position in Chuong Duong Beverages JSC (code: SCD).
24-07-2018 17:35
During the past ten years, Vietnam continued to witness high-value mergers and acquisitions (M&A) transactions in a variety of sectors, such as food manufacturing, real estate, banking, and retail, among others.
24-07-2018 15:05
Mergers and acquisitions (M&A) in Vietnam are opening up new opportunities to create a new thrust and a new era building on the record high value of $10.2 billion in 2017, promising new opportunities for both foreign and local investors this year.
21-07-2018 16:16
Thai Beverage drafts out various plans to revamp Sabeco, right after it takes up dominant roles at the latter’s management board today.
17-07-2018 12:09
Singaporean Frasers Property Limited of Thai billionaire, the new shareholder of Sabeco, recently announced plans to buy 75 per cent of Phu An Dien Real Estate JSC (PAD), a subsidiary of Tran Thai Land Company Limited, for $35.2 million.
17-07-2018 12:03
The backing of ThaiBev has not helped Saigon Beer, Alcohol and Beverage Corporation (Sabeco) to overcome fierce competition from foreign breweries, forcing Sabeco to decrease its profit target for 2018 to VND4 trillion ($173.5 million) - VND1 trillion ($43.38 million) less than 2017’s profits.
25-06-2018 09:27
Vietnam is the holy grail for global beer companies, with the market continuing to grow while many others have flatlined, but the competition is fierce.
20-06-2018 15:38
DFJ VinaCapital-backed entertainment group Yeah1 will officially list 27.36 million shares on the Ho Chi Minh City Stock Exchange (HSX) at the reference price of VND250,000 ($10.93), exceeding the previous records of Sabeco and Vinamilk.
12-06-2018 23:46
Delaying the divestment of the state’s stake in Hanoi Beer, Alcohol and Beverage Corporation (Habeco) will worsen the corporation’s business results, reducing the company's market share.
09-06-2018 19:22
Once Yeah1 succeeds in selling 7.8 million shares at the unit price of VND300,000 ($13.17), it will become the most valuable stock in Vietnam, exceeding the record VND230,000 ($10.09) of Sabeco.
23-05-2018 15:00
The Vietnamese beer market is considered a promised land for both foreign and local brewers due to the massive consumption. However, in reality, it is a playground with strict competition.