Vietnam To Sell Majority Stake In Sabeco Caps Foreign Ownership At...

From CrashCourse Wiki
Revision as of 18:46, 31 December 2017 by AugustusSilverma (talk | contribs)
Jump to: navigation, search

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.

batdongsan.com.vnThe mininum price for the long-stalled sale of the $9 billion maker of Bia Saigon and 333 brews has been set at 320,000 dong ($14.10) a share, a trade ministry official told a news conference.

When you have virtually any inquiries with regards to wherever and how to work with dự án intela saigon, you can contact us in the web page. 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)