The brewers’ share debuts were originally scheduled by the end of 2016.
Listings by Vietnamese brewers Sabeco and Habeco could be delayed until the first quarter of 2017, a minister said, due to the completion of formalities and talks with existing investor Carlsberg. (more…)
Estimated total deal value is $2.9B.
With Vietnam’s government proposing to sell off Saigon Beer, Alcohol, Beverage Corporation (Sabeco) and Hanoi Alcohol Beer & Beverages Corp (Habeco) for an estimated total of US$2.2b (S$2.9b), various media outlets have revealed that Thai Beverage (Thai Bev) is one of several bidders. (more…)
Health officials fret as the country is one of the biggest consumers of beer and liquor.
The Ministry of Health is considering a ban on sales of liquor and beer after either 10:00 p.m. or midnight as officials aim to reduce negative impacts of drinking. (more…)
Vietnam has been considered one of the world’s top consumers of alcoholic beverages with 77 percent of its men drinking beer and other kinds of alcohol, according to a recent survey. (more…)
Vietnam has given the green light for the country’s biggest brewer, Sabeco, to list shares in Ho Chi Minh by December as part of a long-awaited privatisation set to offer investors a slug of Asia’s third-biggest beer market after China and Japan. (more…)
SABECO is seeking approval for stock listing.
Thai Beverage (ThaiBev) is setting its sights on a stake in Vietnam’s largest brewer SABECO (Saigon Beer, Alcohol, Beverage Corporation). (more…)
Vietnam’s biggest brewer Sabeco has taken a step towards a long-awaited listing on the Ho Chi Minh stock exchange, a government official said on Thursday, some eight years after the company held an initial public offering (IPO). (more…)
The images of Obama eating bun cha and drinking Habeco beer in Hanoi appeared on all local newspapers in May, when Vietnamese attention was drawn to the President’s official visit to Vietnam.
Analysts then predicted that the move by the most powerful man in the world would help Habeco beer sell like hotcakes. But the company has unexpectedly reported decreased revenue in the first six months of the year. (more…)
Thai Beverage Plc (ThaiBev) will aggressively boost its business footprint in Asean through mergers and acquisitions, including a further stake in Vinamilk, Vietnam’s largest dairy producer. (more…)
Two of the 12 state-owned enterprises (SOEs) to be sold by 2017, as instructed by Prime Minister Nguyen Xuan Phuc, are Sabeco and Habeco, the two largest breweries in Vietnam. The state holds a 89.59 percent and 81.79 percent stake, respectively. (more…)
