sabeco

Update news sabeco

Sabeco rejects tax arrears finding

 Beverage giant challenges decision of State Audit Office that it must pay tax arrears for 2013.

Local brewer Sabeco disputes hefty bill for tax arrears

 The proposal by the State Audit Office of Vietnam to collect $18.7 million in tax arrears from Saigon Beer-Alcohol-Beverage Joint Stock Corporation has been met with opposition from the brewer and among lawyers.

Ministry plans to offload Sabeco stake

 VietNamNet Bridge – The Ministry of Industry and Trade is drawing up a plan to sell 53 per cent of its stakes in Saigon Beer-Alcohol-Beverage Joint Stock Corporation (Sabeco).

Thai investors eye VN beverage market

VietNamNet Bridge - The big brands in the beverage industry of Vietnam are becoming an investment target for foreign investors.

BUSINESS IN BRIEF 13/7

 Vietnam’s first exchange-traded fund makes debut; PM approves HCM City master plan; Sabeco seeks to lower State stake; Over half the securities companies suffer from losses; Apartment sector recovery continues

Beer makers keep barrels rolling

 VietNamNet Bridge – Breweries are running at full throttle as the Vietnamese thirst continues to expand. Both domestic and foreign companies realise the potential for sales in a nation that has gained a reputation for beer drinking.

Oversupply predicted for Vietnamese beer market

VietNamNet Bridge – Though the consumption level has been increasing rapidly, having reached 3 billion liters per annum, Vietnam still has 10 percent of output in excess.

Beer market effervescing

Carlsberg, the Danish brewery, shows its determination to buy another 13 percent of stakes of Vietnamese Habeco. Sabeco has been looking for someone to become its strategic shareholder.