Tags: vietnam beverage

Sabeco targets 50% market share this year

Sabeco targets 50% market share this year

After acquiring 53.56% stake in Saigon Beer, Alcohol and Beverage Corporation (Sabeco), ThaiBev announced plans to sell between 1.85 and 2 billion litres of beer and increase Sabeco’s market share to 50% this year.

Foreign firms taking control of Vietnamese M&A market

Foreign firms taking control of Vietnamese M&A market

Out of 19 sectors invested in by foreign firms, processing and manufacturing made up the highest proportion, with US$186.1 billion of registered capital, equivalent to 58.4% of US$318.72 billion of total investment capital accumulated until the end of 2017.

Sabeco sells 53.6% stake for US$4.89 billion

Sabeco sells 53.6% stake for US$4.89 billion

The Ministry of Industry and Trade (MoIT) on December 18 sold all of its 343.6 million shares or a 53.6% stake of the Saigon Beer, Alcohol and Beverage Corporation (Sabeco), receiving an estimated VND110 trillion (US$4.89 billion).