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Saturday’s declaration was also sent to the Singapore Exchange Securities Trading Limited (SGX) as the company’s way to reassure stakeholders that it is “confident in its business in Vietnam and remains strongly committed to making Sabeco the pride of Vietnam.” … [Read more...] about Thai Bev denies rumors about plan to sell stake in Vietnam’s Sabeco

Vina Korea, a company set up by five Korean distribution firms for the sale of Vinamilk products, said on May 29 that it began to sell milk tea, soybean milk and condensed milk-based coffee products in the market through online stores. Vina Korea Chief Financial Officer Yun Yo-wang said that Vinamilk products meet high Eurozone hygiene and food safety standards. The firm’s products are now available on online shopping malls, such as 11Street Co. and eBay Korea LLC. Vinamilk, established in 1976, owns 13 factories in Vietnam and the largest dairy farm network in Asia. It also runs farms and plants in the US, New Zealand, Cambodia and Poland. Last year, its export turnover expanded 14.8 percent as compared with 2018. Since 1997, its products have been shipped to more than 50 countries and territories, with total value surpassing 2.2 billion USD./.  … [Read more...] about Vinamilk products sold at RoK’s online stores

"The company is not in receipt of any approaches at the time of this announcement and confirms that it is in preliminary discussions with a small number of parties regarding a potential investment in the company. There can be no certainty that an offer will be made, nor as to the terms on which any offer will be made. … [Read more...] about Williams considers selling F1 team after £13 million loss

The US fund is investing in some large-cap stocks such as property firms Vingroup (VIC), Vinhomes (VHM) and Vincom Retail (VRE), dairy firm Vinamilk (VNM), steelmaker Hoa Phat (HPG), Vietcombank (VCB), consumer goods producer Masan (MSN), aviation business Vietjet (VJC), brewer Sabeco (SAB), and PetroVietnam Gas (GAS). … [Read more...] about Market steadies amid ETF quarterly review

Bochmann: COVID-19 has completely halted tourism activities, not only in Vietnam but pretty much the whole world. I don’t think that people outside the tourism industry completely understand how big the disruption is and how many people this affects. It’s not just hospitality workers in hotels and travel/tour operators (which number in the thousands), but also the families that rely on them to fill their rice bowls at home. For every hotel worker, travel/tour operator, there are also about four merchants, suppliers, farmers, shop owners, and drivers that rely on tourists to come to Vietnam and holiday or conduct business meetings, conferences, and exhibitions. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?