The Ministry of Industry and Trade late last week transferred the State ownership in Saigon Beer Alcohol Beverage Corp (Sabeco) to the State Capital Investment Corporation (SCIC).
San Miguel, the Philippines’ largest brewery corporation, is “evaluating and may bid” for Viet Nam’s Saigon Beer Alcohol Beverage Corporation (SABECO), company president Ramon Ang told Bloomberg reporters on March 31.
US-based MSCI Inc. has added two Vietnamese stickers ROS (FLC Faros Construction JSC) and SAB (Saigon Beer Alcohol Beverage Corp) to its basket for calculation of the MSCI Frontier Markets Index