Tag Sabeco
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Vietnam’s biggest brewer reports surge in profits

Sabeco reported second quarter post-tax profit of VND1.53 trillion ($66.03 million), the highest quarterly profit in three years.

Vietnam’s top 10 brands worth nearly $7 bln

Vietnam’s ten most valuable brands are worth a total of $6.9 billion this year, a year-on-year increase of over $900 million.

Thai firm tops $1 bln in H1 revenues from Vietnam

Thai Beverage, which owns the biggest brewer Sabeco, earned H1 revenues of VND25.3 trillion ($1.09 billion) from its Vietnam operations.
June 26, 2019 | 09:48 am GMT+7

Vietnamese beer sales now drive revenues for Sabeco's new Thai owner

Vietnamese brewery Sabeco has contributed 46 percent of the revenues of Thai parent ThaiBev in the first quarter of 2018-19.
February 27, 2019 | 10:49 am GMT+7

Vietnam’s largest brewery, foreign-owned, refuses to humor taxman

While Sabeco is still at loggerheads with the taxman over alleged back taxes of $135.73 million, it has not provisioned for it.
January 27, 2019 | 02:53 pm GMT+7

Vietnam's largest brewer a foreign owned business now

After a $4.78 million debt restructuring, Vietnam's largest brewer Sabeco is now owned by a Thai company. 
January 05, 2019 | 03:24 pm GMT+7

Vietnam’s largest brewery, taxman at loggerheads

HCMC tax authorities have failed to collect $135.73 million in taxes and fines, while brewer Sabeco has cried foul.
January 03, 2019 | 07:56 am GMT+7

Vietnam okays unrestricted foreign ownership of largest brewer

Vietnam’s securities authorities have lifted any foreign ownership cap on the country’s largest brewer Sabeco.
December 06, 2018 | 08:32 am GMT+7

Vietnam brewer Sabeco lifts foreign ownership cap

Vietnam's largest brewer Sabeco says it has removed its foreign ownership limit, in a statement on its website Monday.
November 12, 2018 | 04:07 pm GMT+7

Profits down at Vietnam's largest brewer

Beer maker Sabeco has reported after tax profits of $149 million in Jan-Sept 2018, down 6 percent year-on-year.
October 31, 2018 | 03:12 pm GMT+7

ThaiBev to intensify Vietnam focus after lackluster 3Q

Thai Beverage on Wednesday announced plans to double down on the Vietnam beer market after posting disappointing third-quarter results.
August 17, 2018 | 06:22 pm GMT+7

No cheers from World Cup for Vietnam’s top local brewers

Sabeco and Habeco, Vietnam’s two largest brewers, reported dismal results in H1 despite some highly favorable factors.
August 10, 2018 | 03:10 pm GMT+7

New management targets lower profits for Vietnam’s top beer maker

The net profits of Vietnam’s top brewery, Sabeco, might decline by 19 percent this year due to increased costs, tax hike and higher branding expenses.
July 23, 2018 | 09:57 am GMT+7

Big changes brewing at Vietnam’s top beer maker

After acquiring a majority stake in Vietnam’s top brewery, Sabeco, last year, Thailand’s TCC Group is set to appoint a Singaporean chairman, Koh Poh Tiong, and a new board of directors.
July 19, 2018 | 03:07 pm GMT+7

Beer brands pour big bucks into ads as Vietnam bucks global trend

Global consumption has not increased in a decade, but Vietnamese are having a beer blast.
June 02, 2018 | 03:01 pm GMT+7
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