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Thai Beverage unit seeks to buy 51 percent of Vietnam's Sabeco

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HANOI A unit of Thai Beverage has expressed interest in buying about 51 percent of Vietnam's Sabeco, the Vietnamese trade ministry, which is looking to sell a $5 billion (3.8 billion pounds) stake in the nation's biggest brewer, said.

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Thai Beverage emerges as only potential bidder for large stake in Vietnam's Sabeco 3:03am GMT

HANOI/SINGAPORE Thai Beverage, through a Vietnam unit, has emerged as the only potential bidder which has registered to own at least 25 percent of the nation's top brewer, Sabeco, in which the government is selling a $5 billion (3.8 billion pounds) stake, although no formal bid has been made.

What's behind Vietnam's corruption crackdown? 11 Dec 2017

HANOI Vietnam's crackdown on high level corruption has led to the arrest of dozens of officials from state oil firm PetroVietnam and the banking sector.

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Global brewers line up bids for Vietnam's Sabeco sale - sources 10 Dec 2017

SINGAPORE/LONDON Brewing groups including Thai Beverage , Anheuser-Busch InBev and Kirin Holdings are gearing up to bid for a stake in Vietnam's largest brewer, Sabeco , people familiar with the matter said, with the $5 billion sale process by the government opening this week.

Vietnam news agency apologises over false report on prosecutions 09 Dec 2017

HANOI Vietnam's state-run news agency apologised on Saturday for issuing what it said was a false report that two more officials of state energy firm PetroVietnam were to be prosecuted over financial losses.

Vietnam police arrest ex-politburo member over misconduct 09 Dec 2017

Hanoi Vietnamese police arrested on Friday a former top Communist Party official suspected of misconduct while he was chairman of the main state energy firm, the first former politburo member to face prosecution in decades.

Vietnam reviews toll road after rare protests 08 Dec 2017

HANOI Vietnam's government has promised a full review of charges at a toll gate on a new road after protests there posed a rare challenge to the Communist authorities and showed signs of spreading.

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After years of delays, Vietnam's privatisation plans move up a gear 08 Dec 2017

SINGAPORE/HANOI Foreign investors and bankers who flocked to Vietnam in the past two decades as they sought to cash in on government plans to sell state assets usually left frustrated as what was promised rarely materialised. But now they are finally seeing some modest grounds for optimism.

Vietnamese court upholds prominent blogger's 10-year jail term 01 Dec 2017

HANOI A Vietnamese court on Thursday upheld a 10-year jail sentence for a prominent blogger convicted of publishing propaganda against the state, her lawyer said, the latest move in a crackdown on critics of the one-party state.

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Vietnam eyes $5 billion from majority stake sale in brewer Sabeco 29 Nov 2017

HO CHI MINH CITY Vietnam will kick off next month the sale of a majority stake in Sabeco, the country's biggest brewer and maker of the Bia Saigon and 333 beer brands, in an ambitious deal the government hopes will rake in at least $5 billion (£3.7 billion).

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Despite Tillerson overture, White House says not right time for North Korea talks

WASHINGTON No negotiations can be held with North Korea until it improves its behaviour, a White House official said on Wednesday, raising questions about U.S. Secretary of State Rex Tillerson's offer to begin talks with Pyongyang anytime and without pre-conditions.