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Retail Asia04/01/2019

HCMC tax authorities have failed to collect $135.73 million in taxes and fines, while brewer Sabeco has cried foul. The Tax Department of Ho Chi Minh City informed Vietnam’s largest brewer Sabeco on December 24 that it would withdraw VND3.1 trillion ($135.73 million) from the beer company’s bank account to collect overdue special sales tax […]

Retail Asia13/11/2018

Vietnam’s largest brewer Sabeco says it has removed its foreign ownership limit, in a statement on its website Monday. The company, known for its Bia Saigon and 333 brand, said that its board of directors had issued a resolution on Oct. 30 that approves “unrestricted foreign ownership percentage in Sabeco.” Last December, Thai Beverage acquired […]

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Tag: vietbev

Vietnam’s Sabeco, taxman at loggerheads

Vietnam brewer Sabeco lifts foreign ownership cap