Vietnamese shares are expected to move marginally in the last two trading weeks of 2017 as investors take a rest, however the selling of brewer Sabeco shares should give a short boost to the market.
Shares of Viet Nam’s biggest brewer Sabeco will be sold at an initial price of VND320,000 (US$14) apiece during the sale of the State’s majority stake in the company, whose shares are coded SAB on the HCM Stock Exchange.
Insurer Bao Viet Holdings (BVH) on Tuesday sold its entire stake in the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) for VND95 billion (US$4.2 million).
