Viet Nam’s biggest brewer Sai Gon Beer-Alcohol-Beverage JSC (Sabeco) reported revenue down 17 per cent and post-tax profit up 1 per cent in the third quarter of this year.
In Viet Nam, Heineken Vietnam has donated VND10 billion ($425,000) to the Viet Nam Fatherland Front Central Committee to support the country’s COVID-19 battle.
Vietnamese shares moved against the general trend in the region on Monday, driven down by slumps of heavyweight stocks such as Vingroup, brewer Sabeco and steelmaker Hoa Phat Group.
The State Audit of Vietnam has proposed the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) pay the State Budget nearly VND2.5 trillion (US$110.9 million) worth of dividends.
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.
The Ministry of Industry and Trade (MoIT) will submit its plan to offload part of the State’s capital in Sabeco to Deputy Prime Minister Vuong Dinh Hue by October 20.
The Ministry of Industry and Trade has not yet completed talks to sell its ownership in the Ha Noi Beer, Alcohol and Beverage Corporation (Habeco) to the Danish brewer Carlsberg, according to officials.
Thu Ngan speaks with Mr.
Mikio Masawaki, the company''s new general director, about the new
strategy and his overview of the Vietnamese high-end beer market.
Beer production in the first four months of 2014 reached 873.5 million
litres, 4.5 per cent higher than the same period last year, reported the
Ministry of Industry and Trade.