|A production line of Sabeco (Photo: zing.vn)
Sabeco continues to take the lead in the Vietnamese beverage market with a 40% share, amid increasing pressure from domestic and foreign competitors.
The Ministry of Industry and Trade (MoIT) in December 2017 sold all of its 343.6 million shares or a 53.6% stake of Sabeco, for an estimated VND110 trillion (US$4.89 billion).
An individual investor purchased 20,000 Sabeco shares for VND320,500 per share while Vietnam Beverage Co Ltd scooped up the remainder for VND320,000 per share.
Sabeco currently owns 26 manufacturing plants, 10 trading subsidiaries and 37 branches nationwide.