Vietnam beer market: Sabeco to retain 2020 dividend at 35%, profit projected to drop 39%

Vietnam beer market Tin tức

Sabeco to retain 2020 dividend at 35%, profit projected to drop 39%

Vietnam’s largest brewer Sabeco plans 2020 dividend at 35%, the same rate of 2019, while seeing after-tax profit to fall 39%, according to documents prepared for shareholders’ meeting on June 30.

Vietnam’s beer consumption expected to fall due to drink-driving law

Vietnam, one of the world’s hottest and fast-growing beer markets is expected to face slower business growth to about 6-7% due to the drink-driving law that has just been put into effect.

19/12/2019 - 14:42
ThaiBev clarifies not selling Vietnam business: Business Times

THAI Beverage Public Company (ThaiBev) has clarified that it is not seeking a buyer for its business in Vietnam. Singapore IPO is still in early stage.

16/12/2019 - 14:00
'Golden Goose' Sabeco seen as Thaibev’s savior for Singapore IPO

Thai Billionaire Charoen Sirivadhanabhakdi is under pressure to increase sales in Vietnam market when he plans Singapore initial public offering for Thai Beverage’s beer sector.

29/11/2019 - 13:57
ThaiBev considering a Singapore IPO of $10 billion brewery business: ...

Thai Beverage is considering an initial public offering of its brewery business in what could be the biggest listing in Singapore in close to a decade.