Foreign funds eye retail market Business

Foreign funds eye retail market

With a scale of nearly 180 billion USD and an annual two-digit growth rate, the Vietnamese consumer retail market is being squeezed by foreign investors.
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.
Unrestricted foreign ownership at Sabeco approved Business

Unrestricted foreign ownership at Sabeco approved

The Saigon Beer-Alcohol Beverage Corporation (Sabeco) early this week announced that it received an official letter from the State Securities Commission approving unrestricted foreign ownership at the largest beverage company in Vietnam.
Prime Minister receives ThaiBev Chairman in Bangkok Politics

Prime Minister receives ThaiBev Chairman in Bangkok

Prime Minister Nguyen Xuan Phuc lauded Thai Beverage Public Company Limited (ThaiBev) for doing business in Vietnam over the past years during a reception for its Chairman Charoen Sirivadhanabhakdi on June 16 in Bangkok, Thailand.
ThaiBev officially involves in Saigon Beer management Business

ThaiBev officially involves in Saigon Beer management

The Saigon Beer Alcohol Beverage Corporation (Sabeco) appointed a new management board at an extraordinary shareholders’ meeting on April 23, following Thai Beverage Public (ThaiBev)’s acquisition of a 53.59 percent stake in the State brewer last year.
State Audit asks Sabeco to pay 111 million USD Business

State Audit asks Sabeco to pay 111 million USD

The State Audit of Vietnam has requested the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) pay to the State budget nearly 2.5 trillion VND (110.9 million USD) worth of dividends, taken from the brewer’s undistributed profit for the period prior to 2016.
Blue chips drag down VN-Index Business

Blue chips drag down VN-Index

Shares declined on the HCM Stock Exchange (HOSE) on January 29, dragged down by blue chips despite rising demand on the southern bourse.
Sabeco listing fails to lift market Business

Sabeco listing fails to lift market

Saigon Beer Alcohol Beverage Corp. (Sabeco) hit the daily limit rise of 20 percent on its first trading day on the main bourse in HCM City on December 6 but this was not enough to lift the market.
Habeco to list on UPCom on October 28 Business

Habeco to list on UPCom on October 28

Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) will start its first trading day on the Unlisted Public Company Market (UPCoM) on October 28.