The Ministry of Industry and Trade (MoIT) will submit its plan to offload part of the State’s capital in Sabeco to Deputy Prime Minister Vương Đình Huệ by October 20.
Belgium-based brewer Anheuser - Busch InBev (AB InBev) is considering investing nearly US$7 million to expand production at two breweries in Việt Nam.
State capital at the two brewers, Sài Gòn Alcohol-Beer-Beverage JSC (Sabeco) and Hà Nội Alcohol-Beer-Beverage JSC (Habeco), may soon be transferred to the State Capital Investment Corporation (SCIC).
San Miguel, the Philippines’ largest brewery corporation, is “evaluating and may bid” for Việt Nam’s Saigon Beer Alcohol Beverage Corporation (SABECO), company president Ramon Ang told Bloomberg reporters on March 31.