Viet Nam

Viet Nam

Sells majority stake in a state brewer

18 Dec 2017

On 18 December 2017, Thai Beverage, through its local subsidiary, purchased a 54 per cent stake in Sabeco, Viet Nam's largest brewer and a State-Owned Enterprise. It is reported that this has been Viet Nam's largest privatisation sale in an auction (USD 4.8 billion).

Nature of measure:
  • Liberalization
Type:
  • Entry and establishment (Ownership and control)
Industry:
  • Manufacturing (Manufacture of food products, beverages and tobacco products)
Inward FDI:
No
Outward FDI:
No
Sources: