English French Dutch Spanish German Russian Italian Portuguese Portuguese Danish Greek Romanian Ukrainean Chinese Polish Korean
Logo Slogan_Italian

CASTLE MALTING NEWS in partnership with www.e-malt.com Italian
02 July, 2020

Brewing news Vietnam: Vietnam to sell remaining 36% stake in country’s largest brewer Sabeco

Vietnam’s government will sell its remaining 36% stake in the country’s largest brewer Sabeco by the end of this year, according to a government document released this week, Reuters reported on July 2.

The Ministry of Industry and Trade will complete the transfer of the stake to the state-owned State Capital Investment Corp (SCIC) by the end of August to pave the way for the sale, the June 29 document said.

A SCIC official said on July 2 it did not have a detailed plan for the sale yet. A Sabeco spokeswoman said the brewer did not immediately have any comment on the issue.

Sabeco, formally known as Saigon Beer Alcohol Beverage Corp., has a market capitalisation of $4.5 billion, according to Refinitiv data.


E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .

(0,2813 sec)