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Vietnam news in brief - February 19
Read the Hanoi Times for more updates about Vietnam.
09:00, 2020/11/22
Vietnam beverage industry struggles to find way out of unprecedented crisis
With Sabeco, Habeco, Carlsberg Vietnam and Heineken Vietnam holding 90% of Vietnam’s alcohol beverage market, negative business results from these firms could lead to a setback of the overall industry in the coming time.
16:41, 2020/07/10
M&A deals anticipated to flourish in Vietnam post-Covid-19
The appetite for mergers and acquisitions (M&A) activities in Vietnam has not been dampened by the Covid-19 pandemic.
12:41, 2020/06/04
Vietnam trade ministry refutes rumors of repurchasing Sabeco stake from Thaibev
False and groundless rumor could have severe impacts on enterprises’ credibility and Vietnam’s business environment, said Vice Minister of Industry and Trade Do Thang Hai.
09:54, 2020/05/31
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."
09:26, 2020/05/23
Vietnam should embrace M&A waves: Expert
Not only M&A is an effective investment channel, foreign investors’ decision to shift from new investment to M&A shows the development of the domestic economy, said an expert.
11:19, 2020/01/06
Top 10 public firms in Vietnam post market cap of US$88 billion
Nine out of the ten largest cap companies continued to lead the classification compared to 2018, but their rankings are now changed.
13:21, 2019/12/28
Vietnam’s Food & Beverage industry regains positive momentum in 2019
In the first 11 months of 2019, rural areas achieved a 9.3% value growth, while urban areas grew by 6.1% over the same period last year, mainly driven by the increase in sales volume.
11:10, 2019/12/20
Thaibev refutes rumors on selling Sabeco to foreign investors
Vietnam continues to be one of Thaibev’s core markets and is an integral part to its goal of becoming a stable and sustainable leader in Southeast Asia’s beverage industry, stressed Thaibev.
14:39, 2019/11/16
Heineken no longer major shareholder of Vietnam’s brewer Sabeco
Heineken was a direct competitor of Thaibev for the acquisition of Sabeco in late 2017. However, Thaibev won the race by spending US$4.89 billion for a nearly 54% stake of Sabeco.