The Ministry of Industry and Trade is taking steps for the sale of 53.59 percent of its stake, equivalent to nearly 343.7 million shares, in the Saigon Beer, Alcohol and Beverage Corporation (Sabeco).
Hanoi (VNA) - The Ministryof Industry and Trade (MoIT) is taking steps for the sale of 53.59 percent of its stake, equivalent tonearly 343.7 million shares, in the country’s largest brewery Saigon Beer, Alcohol and Beverage Corporation (Sabeco).
The shares, coded SAB, will be auctioned atan initial price of 320,000 VND (14.04 USD) each, the ministry said.
The auction, which is setto attract great attention from both domestic and foreign investors, will be heldon December 18 via open competitive bidding in accordance with relevantregulations.
The MoIT has cooperated with Sabeco, consultantjoint ventures and relevant agencies to introduce the auction to domestic andforeign investors through roadshows in Singapore and the UK.
Foreign investors will be allowed to buy up to247.47 million shares, or 38.59 percent stake in Sabeco. Foreign ownership inSabeco is limited to a maximum of 49 percent.
Sabeco currently owns 24 manufacturing plants with a total designed capacity of1.8 billion litres per year, 20 of which are in operation. The remaining fourare expected to begin operation in the near future.
The company holds about 41 percent of thenation’s 6.5 billion USD beer market. The Ho Chi Minh City SecuritiesCorporation forecasts that by 2017, Sabeco’s net revenue will total 34.6trillion VND, up 13.4 percent year-on-year, and its post-tax profit will reach4.9 trillion VND, up 9.4 percent year-on-year.
In the first half of this year, Sabeco’s post-tax profit touched 2.5 trillionVND, up 8 percent year-on-year, of which the parent company’s profit came to 2.4trillion VND.-VNA
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.
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).
Deputy Prime Minister Vuong Dinh Hue called for speeding up the equitisation of State-owned enterprises (SOEs) at a recent meeting of the Steering Committee for Business Renovation and Development.
Shares are forecast to slow down this week in the face of rising profit-taking pressure after a long rally, net selling by foreign investors and uncertainty before the portfolio restructuring period of exchange-traded funds (ETFs).
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Transporting Sabeco beer (Source: VNA) 
