Sabeco and Habeco divestment: three steps to avoid mishaps

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Báo Đầu Tư English 2 day(s) ago

After their listing, the sale of the government’s stake is underway in two state-owned beer companies, Saigon Alcohol Beer and Beverages Corporation (SABECO, ticker SAB on HoSE) and Hanoi Beer Alcohol and Beverage Joint Stock Corporation (HABECO, ticker BHN on HoSE). However, how the shares will be sold is now a dilemma as both companies are in the same industry.

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Sabeco and Habeco divestment: thee steps to avoid mishaps

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Báo Đầu Tư English 2 day(s) ago

After their listing, the sale of the government’s stake is underway in two state-owned beer companies, Saigon Alcohol Beer and Beverages Corporation (SABECO, ticker SAB on HoSE) and Hanoi Beer Alcohol and Beverage Joint Stock Corporation (HABECO, ticker BHN on HoSE). However, how the shares will be sold is now a dilemma as both companies are in the same industry.

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Stocks up on high Q1 hopes

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Báo Đầu Tư English 1 week(s) ago

Shares rose on the two local exchanges on Monday, driven by high investor confidence on expectations of positive earnings reports from listed companies.

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VN Index closes flat on blue chips, energy stocks

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Báo Đầu Tư English 2 week(s) ago

Viet Nam’s benchmark VN Index on the HCM Stock Exchange remained volatile on Friday morning, driven by blue chips and energy stocks.

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ROS, HBC, DXG Added to FTSE Vietnam Index in Q1 Review

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Báo Đầu Tư English 2 week(s) ago 1 related news

FTSE recently announced it will add ROS, HBC and DXG to its FTSE Vietnam Index in the first quarterly review of 2017.

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Markets face further correction

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Báo Đầu Tư English 1 month(s) ago

The domestic stock market will likely experience another correction in early sessions this week, as selling pressure continues to build around the short-term peak on the main exchanges, experts say.

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Sabeco officially dismisses Vu Quang Hai

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Báo Đầu Tư English 1 month(s) ago

On February 16, 2017, Vu Quang Hai, the son of sacked former Minister of Industry and Trade Vu Huy Hoang, was officially dismissed from his positions at Saigon Beer, Alcohol and Beverage Corporation (Sabeco) as member of the board of directors and deputy general director.

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Foreign brewers tap into robust domestic market

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Báo Đầu Tư English 1 month(s) ago

Foreign breweries’ thirst for the Vietnamese beer market has by no means been quenched.

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Heineken steps up game with colossal Vung Tau investment

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Báo Đầu Tư English 1 month(s) ago

On February 6, Heineken Vietnam Brewery Vung Tau Joint Stock Company received the investment certificate for the 12-fold expansion of its factory in My Xuan A Industrial Zone.

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Habeco falling on hard times

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Báo Đầu Tư English 1 month(s) ago 1 related news

Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco)’s recently released financial report puts the company’s 2016 pre-tax consolidated profit at the bottom of the last seven years, while its fellow Sabeco has reported an all-time record.

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Sabeco reports all-time record profit

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Báo Đầu Tư English 1 month(s) ago

Saigon Beer-Alcohol-Beverage JSC (Sabeco)’s 2016 after-tax profit reached VND 4.655 trillion (over $205 million), increasing 33 per cent on-year, a company record since its establishment.

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VN to produce 4 billion litre of beer in 2017

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Báo Đầu Tư English 1 month(s) ago 1 related news

Vietnamese beverage producers plan to produce about 4 billion litres of beer in 2017, up by 10 per cent from 2016, according to the Vietnam Beer Alcohol Beverage (VBA).

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Heineken says deals an option as it eyes growth in Vietnam

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Báo Tuổi Trẻ English 2 month(s) ago

Vietnam, where Heineken sells Tiger and Larue beer as well as its eponymous brew, is a global hot spot for the industry, due to a youthful population and beer-drinking culture, making it a battleground for global brewers trying to offset mature economies with newer markets.

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Shares advance slightly in weak trading before Tet

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Báo Đầu Tư English 2 month(s) ago

Shares rose slightly on both local exchanges on Friday morning with low market trading liquidity as investors tended to preserve their money ahead of the Tet (Lunar New Year) holiday.

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Vietnam among top beer markets in Asia

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Báo Dân Trí English 2 month(s) ago 1 related news

Vietnam is considered the biggest beer market in South East Asia with nearly 3.8 billion litres of beer consumed in 2016.

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