Hanoi remains top FDI destination in 10 months Business

Hanoi remains top FDI destination in 10 months

Hanoi continued to top the list of foreign direct investment destinations in Vietnam in the first 10 months of this year, raking in about 6.85 billion USD, most of which came in form of capital contributions and share purchase.
Vietnam’s FDI inflow up in ten months Business

Vietnam’s FDI inflow up in ten months

The Foreign Investment Agency reported that total newly-registered and adjusted capital, and shares purchased by foreign investors reached 29.11 billion USD in the first ten months of this year.
Vietnam - a magnet for M&A deals Business

Vietnam - a magnet for M&A deals

Vietnam has become a favoured destination for merger and acquisition (M&A) deals for foreign investors, particularly those from the Republic of Korea (RoK), China’s Hong Kong, Singapore and Japan as the Asian multinationals see the benefits of having presence in one of the region’s fastest-growing economies.
Vietnam attracts less FDI in first half of the year Business

Vietnam attracts less FDI in first half of the year

Foreign investors registered to pour 1.73 billion USD into Vietnam in June, bringing the total amount of foreign direct investment (FDI) committed to the country in the first six months of the year to 18.47 billion USD, down 9.2 percent year on year.
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.
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.
Markets buoyed by Sabeco news Business

Markets buoyed by Sabeco news

Shares performed well on the Ho Chi Minh Stock Exchange on December 12 on the efforts of energy and beverage stocks following news about the State’s divestment from largest brewer Sabeco and a jump in oil prices.