As competition gets fiercer between domestic and foreign enterprises, the former need to actively build and promote their brand names and identities to remain attractive to both customers and investors in the long run.
The young, hops-happy economy is alluring for big brewers like Asahi and Anheuser-Busch InBev.
Foreign investors are permitted to own a maximum of 38.59 per cent from the 53.59 per cent stake in Saigon Beer, Alcohol and Beverage Corporation (Sabeco) that the Ministry of Industry and Trade (MoIT) will officially put on sale on December 18.
In order to draw more attention from foreign investors, the Ho Chi Minh City Stock Exchange will organise roadshows in Singapore and the UK to introduce investment opportunities in Saigon Beer, Alcohol and Beverage Corporation (Sabeco).
A road show will be held in Singapore and the UK to seek potential buyers of stakes of the Sai Gon Alcohol-Beer-Beverage JSC (Sabeco) as the State’s divestment plan in the company is going to finish, said the Ministry of Industry and Trade (MoIT).
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.
Vietnam's state investor on October 16 said it plans to sell 3.33 percent of Vietnam Dairy Products JSC (Vinamilk) on Nov. 10, without the restrictions that applied to a similar sale last year when only a portion of the offering sold.
The Ministry of Industry and Trade (MoIT) will submit its plan to offload part of the State’s capital in the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) to Deputy Prime Minister Vuong Dinh Hue by October 20.
Vietnam's trade ministry, which controls Sabeco, has just over a week to submit a divestment plan for the country's biggest brewer, a government report showed on October 12.
State capital at the two brewers, Saigon Alcohol-Beer-Beverage JSC (Sabeco) and Hanoi Alcohol-Beer-Beverage JSC (Habeco), may soon be transferred to the State Capital Investment Corporation (SCIC).
Foreign investors have shown their intention to buy a stake in Habeco and Sabeco, but Vietnamese experts say that local buyers should protect the two brands.
Pham Nhat Vuong has kicked off an automobile manufacturing project Vinfast. Nguyen Duy Hung has successfully protected Bibica brand. Dang Van Thanh has poured more money into real estate. And Nguyen Quoc Cuong has acquired a series of housing projects.
The government has just announced the list of 406 state-owned enterprises (SOEs) to be divested in the 2017-2020 period, drawing heavy attention from investors.
Seven State-owned enterprises’ (SOEs) equitisation plans were approved in July, bringing the total number for the first seven months of 2017 to 26.
In the context of fierce competition among brewers, two of Vietnam’s largest brewers Sabeco and Habeco have millions of dollars on advertisements, which they consider an important weapon in the race to gain the market share, according to newswire Vnexpress.
With the aim of expanding operations in Vietnam, Carlton & United Breweries (CUB) has become a new competitor in the race to seize the stakes in Hanoi Beer, Alcohol and Beverages Corporation (Habeco) and Saigon Beer, Alcohol and Beverages Corporation (Sabeco).
With the Vietnamese thirst for beer seeming to know no limits, brewers are finding it hard to resist tapping into the country's potential market.
Following a slow start to the equitisation at Vietnam’s two top brewers Habeco and Sabeco, the sales of state stakes will be carried out this year.
The State will divest its capital in the Saigon Beer, Alcohol and Beverage Corporation (Sabeco) and the Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) through open tenders.
The Competition Law was passed 13 years ago, but the number of times the law has been cited to fight against monopoly and collusion has been very modest.