While Sabeco, which dominates the southern beer market, has prospered with profits growing in the first quarter of 2024, Habeco in the north has reported unsatisfactory business results.

After two years of the pandemic, the beer industry has begun recovering as restaurants, eateries, karaoke parlours and hotels have reopened.

Vietnamese key leaders, one after another, have left their posts at Sabeco, the largest brewer in Vietnam. Meanwhile, Thai billionaire Charoen Sirivadhanabhakdi is making a rare deal in Southeast Asia.

The Sabeco price has seen a strong recovery in the last half a year, but is still at a low price. Both Thai billionaire and the big brewer Heineken have lost money because of the drop in Sabeco share price.

The Ministry of Industry and Trade late last week transferred the State ownership in Saigon Beer Alcohol Beverage Corp (Sabeco) to the State Capital...

M&A deal-making will probably increase at a steady pace in the second half of 2020, led by the upcoming mega deal of Vietnam’s leading brewer Sabeco.

The Government will sell its 36% stake, equivalent to 230.8 million shares worth some VND37.6 trillion (US$1.6 billion), in the Saigon Beer-Alcohol-Beverage Corporation (Sabeco), the country’s biggest brewery, this year.

The completion of M&A deals with Thai investors has been followed by a succession of tough days in Vietnam, reported Nhip Cau Dau Tu.

Covid-19 cannot deter Thai investors from implementing their plans to acquire Vietnam’s businesses.

The Ministry of Industry and Trade on June 3 refuted a rumor stating that it would buy back 53% of Saigon Beer, Alcohol and Beverage Corporation's (Sabeco) shares from Thaibev.

ThaiBev affirms that Vietnam “continues to be one of ThaiBev’s core markets."

Unprecedented public health challenges have crimped a hefty sum of profits of both foreign-invested enterprises and domestic counterparts. 

After gaining sweet fruits for years, giant beer and beverage companies in Vietnam are facing losses due to not only the ongoing health crisis, but also tightened drink-driving penalties. 

Having spent nearly $5 billion to acquire 53 percent of shares of Sabeco, the largest brewer in Vietnam, Thaibev has seen its investment value fall by half.

The Decree 100 which imposes heavy fines on drunk drivers as well as the fears amid Covid-2019 have affected the brewing industry.

The growth rate of the beer market in 2020 will be at 6-7 percent, while the two-digit growth rate is unattainable, experts predict.

Thailand’s Thai Beverage Public Co Ltd has denied it is seeking potential investors to buy its business in Viet Nam.

Budweiser APAC has eyes on Sabeco, while ThaiBev intends to quit one of the biggest beer markets of the region.

Thai groups have invested in many business fields in Vietnam, from goods production to retail.