sabeco

Update news sabeco

Summer heat, football matches help slake brewers’ thirst for profits

Habeco and Sabeco, the two biggest brewers in Vietnam, have reported satisfactory profits for the second quarter thanks to more demand in summer, improved economic performance, and Euro 2024.

Tighter rules on blood alcohol concentration lead to mixed business results

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.

Large breweries have the upper hand

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

Vietnamese managers lose seats, Thai billionaire makes $10 billion deal

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.

Thai billionaire, European brewer lose money in Sabeco investment deal

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.

Government sells stake in Viet Nam's largest brewer

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 set for a bustling second half

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.

VN government to sell stake in country’s biggest brewery

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.

Thai billionaires experiencing tough days in Vietnam

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.

Thai investors quietly acquires properties in Vietnam

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

Industry-Trade Ministry contradicts rumor about Sabeco share buyback

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 denies rumors on stake sale of Vietnam’s No.1 brewer Sabeco

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

Revenues plummet amid global health emergency

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

Drinks groups in VN facing double 2020 sales hit

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. 

How is Sabeco faring now?

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.

VN brewers under pressure as enforcement of drunk driving strengthened under new decree

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

New regulations on drunk driving affect the beer 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.

ThaiBev denies it will sell stake in Sabeco

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

ThaiBev struggling to offload Sabeco

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

How do enterprises perform after they are bought by Thai firms?

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