Vietnamplus

Anheuser-Busch InBev and SAB Beer announced their merger in Vietnam on January 12 following the approval of the Ministry of Industry and Trade.

Auditor General of the State Audit of Vietnam (SAV) Ho Duc Phoc had a meeting with Auditor General of the Chinese National Audit Office (CNAO) China Hu Zejun on July 22 in the framework of the 54th Asian Organisation of Supreme Audit Institutions (ASOSAI) Governing Board Meeting in Kuwait.

The benchmark VN-Index of the Ho Chi Minh Stock Exchange (HOSE) rose 3.35 points to close at 936.74 points on July 23.

The Ministry of Industry and Trade is taking steps for the sale of 53.59 percent of its stake, equivalent to nearly 343.7 million shares, in the Saigon Beer, Alcohol and Beverage Corporation (Sabeco).

November’s uptrend in Vietnam’s stock market could extend on the back of strong capital inflows from both domestic and foreign investors, analysts said.

Vietnam’s benchmark VN-Index extended its rally on November 29 for the eighth consecutive session as investor confidence was lifted by expectations of the Government selling its stakes in listed companies.

Shares concluded a winning week on the HCM Stock Exchange with the benchmark VN-Index adding 0.2 percent to close at 935.57 points on November 24.

The Ministry of Industry and Trade (MoIT) has announced the State divestment from Sai Gon Beer Alcohol Beverage Joint Stock Company, better known as Sabeco.

Shares slipped further on December 20 on the HCM Stock Exchange, driven by steep declines of Vinamilk (VNM) and Sabeco (SAB), the two largest listed stocks.