Business

Sabeco produces 1.72 billion litres of beer in 2017

The Saigon Beer, Alcohol and Beverage Corporation (Sabeco) produced a total of 1.72 billion litres of beer in 2017 and saw a 11 percent revenue growth year-on-year, said the corporation.
Sabeco produces 1.72 billion litres of beer in 2017 ảnh 1A production line of Sabeco (Photo: zing.vn)

Hanoi (VNA) – The Saigon Beer, Alcohol and Beverage Corporation (Sabeco)produced a total of 1.72 billion litres of beer in 2017 and saw a 11 percentrevenue growth year-on-year, said the corporation.

Sabecocontinues to take the lead in the Vietnamese beverage market with a 40 percent share,amid increasing pressure from domestic and foreign competitors.

TheMinistry of Industry and Trade (MoIT) in December 2017 sold all of its 343.6million shares or a 53.6 percent stake of Sabeco, for an estimated 110 trillionVND (4.89 billion USD).

Anindividual investor purchased 20,000 Sabeco shares for 320,500 VND per sharewhile Vietnam Beverage Co Ltd scooped up the remainder for 320,000 VND pershare.

Sabecocurrently owns 26 manufacturing plants, 10 trading subsidiaries and 37 branchesnationwide.-VNA

VNA
#Vietnam #Saigon Beer #Alcohol and Beverage Corporation #Sabeco #revenue growth #Vietnamese beverage market #Ministry of Industry and Trade #vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

Vietnam Beverage eyes 25 percent Sabeco stake

Vietnam Beverage eyes 25 percent Sabeco stake

The Ministry of Industry and Trade on December 11 announced that an investor has registered to hold at least 25 percent of the Saigon Beer, Alcohol and Beverage Corporation (Sabeco), of which the Government is going to sell stake equal to nearly 5 billion USD.
All eyes on Sabeco shares

All eyes on Sabeco shares

Vietnamese shares are expected to move marginally in the last two trading weeks of 2017 as investors take a rest, however the selling of brewer Sabeco shares should give a short boost to the market.
Sabeco sells 53.6 percent stake for 4.89 billion USD

Sabeco sells 53.6 percent stake for 4.89 billion USD

The Ministry of Industry and Trade (MoIT) on December 18 sold all of its 343.6 million shares or a 53.6 percent stake of the Saigon Beer, Alcohol and Beverage Corporation (Sabeco), receiving an estimated 110 trillion VND (4.89 billion USD).
Sabeco slump slows down shares

Sabeco slump slows down shares

Shares declined on the two national stock exchanges on December 19, dragged by the slump of brewer Sabeco, but cash flow remained strong which opened an opportunity for a recovery in the next session.

See more

Tan Mingming, Deputy Director of the Foreign Affairs Office of the Dezhou Municipal People’s Government. (Photo: VNA)

Chinese firms put Vietnam on expansion radar

Tan Mingming, Deputy Director of the Foreign Affairs Office of the Dezhou Municipal People’s Government, told Vietnam News Agency reporters that the city has spent years deliberately tightening its links with the Association of Southeast Asian Nations (ASEAN), with Vietnam seen as a key partner.

A perspective of the Viettel Military Industry and Telecoms Group's high-tech semiconductor chip manufacturing plant at Hoa Lac Hi-Tech Park. (Photo: Viettel)

Hanoi builds momentum as Vietnam's semiconductor hub

As Hanoi continues to strengthen its semiconductor ecosystem, the city is creating a new growth driver for both the capital and the country, enhancing Vietnam's technological capabilities and paving the way for deeper integration into the global semiconductor value chain.

Clams are processed for export at the factory of Thanh Hoa Seafood Import-Export JSC in Thanh Hoa province. (Photo: VNA)

Vietnam steps up export to achieve 550-billion-USD target

Against a backdrop of persistent uncertainty in global commerce, the Government is implementing a broad range of measures to strengthen export growth during the remainder of the year. These include expanding overseas markets through economic diplomacy, maximising the benefits of free trade agreements (FTAs), streamlining administrative procedures, reducing logistics costs, improving access to credit and helping businesses overcome trade barriers. Authorities are also encouraging deeper processing, official cross-border exports and greater market diversification to improve the competitiveness of Vietnamese products.

A hydroponic vegetable garden in Nguyet Hoa ward operated by Green Farm Co., Ltd. (Photo: VNA)

Incentive policies for high-tech agricultural zones

Under Decree No. 263/2026/ND-CP, qualified projects are given priority to participate in State support programmes as well as funds and policies on research and development, technological innovation, technology transfer, human resource training, investment promotion and trade promotion.

Wind turbines stand fully installed at a wind power project in Gia Lai province. (Photo: VNA)

Gia Lai approves 56-million-USD wind power project

The 42MW wind farm is expected to generate about 123,780.8 MWh of electricity each year. Power generated will be transmitted to the national grid via the 220kV Pleiku 2–Krong Buk transmission line.

Garments for export to the Japanese market are produced at Hung Viet Garment Company in Hung Yen province. (Photo: VNA)

Vietnam’s garment sector pivots towards value-added growth

Future growth can no longer rely on expanding production capacity alone. Meeting this year's 48 billion USD export target will require greater productivity, higher value addition, stronger domestic sourcing, broader market diversification, and faster digital and green transformation.

Trucks carrying goods wait for customs clearance at the Thanh Thuy International Border Gate in Tuyen Quang province. (Photo: VNA)

Border economy strengthens Tuyen Quang’s growth momentum

While the stronger performance provides momentum for the province's 2026 growth target of 10.17%, officials say the focus must now shift from increasing cargo volumes to expanding services, reducing costs and retaining more value locally.

Construction of several key components of Long Thanh International Airport is entering its final stages. (Photo: VNA)

Major works at Long Thanh International Airport gather pace towards completion

The ACV said on July 20 that contractors are deploying additional workers and equipment to speed up construction under Component Project 3, which covers the airport's essential aviation infrastructure. Major facilities, including the first and second runways, taxiways, aircraft aprons, the passenger terminal apron and the aircraft fuel supply system, are approaching completion.

The VinFast Evo electric motorcycle on display at the event. (Photo courtesy of VinFast)

VinFast marks new step in expansion strategy in Southeast Asia

The Evo is priced at 17.5 million IDR (about 973.90 USD) in Jakarta and is available in four colour options: black, red, white and olive green. The Feliz II is sold for 18.5 million IDR, while the Viper is priced at 22 million IDR. All prices include a battery subscription package.

Passengers check in at Hanoi's Noi Bai International Airport. (Photo: VNA)

Vietnam records 15.4% growth in international air passengers

CAAV statistics show that international passenger throughput reached 26.2 million as of June 15, 2026. Of the total, Vietnamese airlines transported 9.6 million international passengers, a slight increase of 0.2% year-on-year, accounting for 36.6% of the total international passenger market.