Tags: tcc group

Big changes brewing at Vietnam’s top beer maker

Big changes brewing at Vietnam’s top beer maker

After acquiring a majority stake in Vietnam’s top brewery, Sabeco, last year, Thailand’s TCC Group is set to appoint a Singaporean chairman, Koh Poh Tiong, and a new board of directors.

Finance Ministry wants 1% tax on transfer price in M&A deals

Finance Ministry wants 1% tax on transfer price in M&A deals

In an effort to prevent involved parties from evading tax by inaccurately declaring profits from M&A deals, MOF plans to tax one percent on the transfer price, to be applied to businesses, and one percent on income, to be applied to individuals.

Fraser & Neave Ltd eyes Vinamilk

Fraser & Neave Ltd eyes Vinamilk

Fraser & Neave Ltd. (F&N), which is controlled by Thai beer tycoon Charoen Sirivadhanabhakdi, has announced its ambition to acquire more shares in Vietnam Dairy Products Joint Stock Company (Vinamilk) as a part of its plans to expand its presence in Southeast Asia.