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Sabeco
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Thai billionaire’s firm fetches $383M from Sabeco dividends over 6 years
Thai billionaire Charoen Sirivadhanabhakdi’s company has received a total of VND9.3 trillion ($383 million) in cash dividends from brewer Sabeco since its acquisition of the company in 2017.
Sabeco’s profit plunges by a third in Q2
Sabeco, the brewer of Saigon Beer, saw profits plunge 32% year-on-year to VND1.2 trillion ($50.7 million) in the second quarter as rising competition pumped up its marketing expenses.
Bia Saigon supports Vietnam national women's football team with exclusive sponsorship
Bia Saigon has announced its sponsorship for "Vietnam, Where Are You?", a documentary on the remarkable journey of the national women's football team, highlighting their historic qualification for the 2023 World Cup.
July 20, 2023 | 01:00 am PT
Sabeco to install rooftop solar panels at 9 breweries
Sabeco has announced a partnership with SP Group, a leading utilities group in the Asia Pacific, for the second phase of its rooftop solar energy system installation and operation.
May 16, 2023 | 04:00 am PT
Saigon Beer maker profits lowest in six quarters
Saigon Beer Alcohol Beverage Corporation (Sabeco) made profits of VND10 billion ($426,300) a day in the first quarter, but that was its lowest in the latest six quarters.
April 28, 2023 | 11:33 pm PT
Sabeco profits soar by 40%
Brewer Sabeco said its after-tax profit rose by 40% last year to VND5.5 trillion.
April 27, 2023 | 07:45 pm PT
Man fined $29,700 for copycatting Sabeco beer product
A Ba Ria-Vung Tau court has fined a man VND700 million ($29,676) for making and selling almost 9,000 boxes of beer under the popular Saigon Beer brand.
March 16, 2023 | 07:50 pm PT
Saigon Beer brewer sees revenue surge by a third
Saigon Beer brewer Sabeco saw revenue jump 33% from 2021 to VND35.24 trillion ($1.5 billion) last year as consumption bounced back after two years of Covid-19.
January 31, 2023 | 04:00 am PT
Beverage giant ThaiBev expands to charging stations, restaurants
Thailand’s ThaiBev, which owns Vietnam’s biggest brewer Sabeco, will boost investments in restaurants and enter the field of electric vehicle charging stations, a Nikkei Asia report says.
December 2, 2022 | 07:12 pm PT
Saigon beer honors Vietnamese culture through special initiatives
Saigon Alcohol - Beer - Beverage Corporation (Sabeco), through its leading brand Bia Saigon, has cooperated with the Ministry of Culture, Sports, and Tourism to promote culture and tourism in Vietnam.
October 27, 2022 | 08:00 pm PT
ThaiBev rejects rumors about selling 'crown jewel' brewer Sabeco
Thai company ThaiBev has dismissed rumors it wants to sell Vietnam’s biggest brewer Sabeco.
September 28, 2022 | 08:34 pm PT
Sabeco posts biggest quarterly profit since acquisition by Thai firm
Vietnam's largest brewer Sabeco reported post-tax profits of VND1.79 trillion ($76.6 million) for the second quarter, the highest since ThaiBev acquired it in 2017.
July 28, 2022 | 01:13 am PT
Brewer Sabeco sees profit rising 25 pct
Saigon Beer brewer Sabeco saw its post-tax profit rising 25 percent year-on-year to VND1.2 trillion ($52.27 million) in Q1 thanks to the resumption of tourism and services.
April 28, 2022 | 01:30 am PT
Brewer Sabeco profits fall to lowest level since Thai acquisition
Vietnam’s largest brewer Sabeco said after-tax profit fell by over VND1 trillion (US$443 million) last year to VND3.93 trillion, the lowest since it was acquired by a Thai billionaire.
January 26, 2022 | 09:47 pm PT
Brewer Sabeco sees profit plummet amid lockdown
Vietnam’s largest brewer, Sabeco, said post-tax profits plunged 68 percent year-on-year in the third quarter to VND471 billion ($20.7 million) due to Covid-19 restrictions.
October 28, 2021 | 09:16 pm PT
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