Thai Beverage Public Company Limited (Thaibev) has clarified these claims that it is seeking a buyer for its businesses in Vietnam are entirely without merit and confirmed that it has no intention of selling its part in Vietnam in any way.
Thai billionaire Charoen Sirivadhanabhakdi, founder of Singapore-listed Thai Beverage, has expressed his keen interest to invest in a wide range of industries beyond beverage in Vietnam.
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Google, Apple, Facebook, GE, Thaibev and Hitachi all committed to investing more and doing long term business in Vietnam as it is one of most successful stories in the world.
ThaiBev targets to promote Saigon Beer, commonly known as 'Bia Sai Gon', to the Asian market with passionate supporters of the English Premier League rather than the United Kingdom's market.
According to the business plan proposed by Sabeco's new Board of Management, its profit will drop from nearly $220 million attained last year to $176 million anticipated this year.
Vietnam Beverage, ThaiBev’s domestic unit has spent US$4.9 billion to turn Saigon Beer - Alcohol - Beverage JSC (Sabeco) into its subsidiary.
