State capital divestment faces pressure Business

State capital divestment faces pressure

Capital divestment from State-owned enterprises (SOEs) had slowed and was still facing difficulties, said Dang Quyet Tien, Director of the Corporate Finance Department under the Ministry of Finance.
640 firms get quality certificates Business

640 firms get quality certificates

The Business Association of High-Quality Vietnamese Products conferred its recognition on 640 businesses at a ceremony held in HCM City on February 7.
Sabeco sells 53.6 percent stake for 4.89 billion USD Business

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).
Vietnam Beverage eyes 25 percent Sabeco stake Business

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.
Sabeco to list at 320,000 VND Business

Sabeco to list at 320,000 VND

Shares of the Saigon Beer, Alcohol and Beverage Corporation (Sabeco) - Vietnam’s biggest brewer - will be offered at an initial price of 320,000 VND (14 USD) each on December 18.
Sabeco reports 18 percent rise in profit Business

Sabeco reports 18 percent rise in profit

Saigon Beer, Alcohol and Beverage Corporation (Sabeco) announced its net profit in the first quarter of 2017 rose 18.8 percent year-on-year to 1.12 trillion VND (49.78 million USD).
Sabeco to trade on HOSE on December 6 Business

Sabeco to trade on HOSE on December 6

The Ho Chi Minh Stock Exchange (HOSE) has approved the listing of Vietnam’s largest brewer Sai Gon Beer, Alcohol and Beverage Corporation (Sabeco) at a starting price of 110,000 VND per share (4.89 USD).
Business

State business share sales to see breakthrough

The number of State-owned enterprises (SOE) to change ownership status was expected to surge after a long period of standstill if the Government cleared a decree on SOE equitisation, said an official