Difference between revisions of "Vietnam To Sell Majority Stake In Sabeco Caps Foreign Ownership At..."

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HO CHI MINH CITY, Nov 29 (Reuters) - Vietnam said on Wednesday it is open to selling a 54-percent stake in Sabeco , the country's top brewer, but capped foreign ownership at about 49 percent.<br><br>If you have any concerns pertaining to where and how you can utilize [http://luxgardenhome.com/saigon-intela-binh-chanh-can-ho-tien-ich-ngay-kdc-nguyen-van-linh/ căn hộ intela saigon], you could call us at our own [http://Forum.Snitz.com/ internet site]. The mininum price for the long-stalled sale of the $9 billion maker of Bia [http://giaodichnha.com/saigon-intela-binh-chanh-can-ho-tien-ich-ngay-nguyen-van-linh/ Intela Saigon bình chánh] and 333 brews has been set at 320,000 dong ($14.10) a share, a trade ministry official told a news conference.<br><br>The government owns nearly 90 percent of Sabeco. Vietnam is shaping up as a battleground for global brewers thanks to a youthful population and beer-drinking culture. ($1 = 22,700 dong) (Reporting by Mai Nguyen; Writing by Anshuman Daga; Editing by Stephen Coates)
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Revision as of 01:19, 3 January 2018

HO CHI MINH CITY, Nov 29 (Reuters) - Vietnam said on Wednesday it is open to selling a 54-percent stake in Sabeco , the country's top brewer, but capped foreign ownership at about 49 percent.

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The government owns nearly 90 percent of Sabeco. Vietnam is shaping up as a battleground for global brewers thanks to a youthful population and beer-drinking culture. ($1 = 22,700 dong) (Reporting by Mai Nguyen; Writing by Anshuman Daga; Editing by Stephen Coates)