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
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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 WGPH board believes that the strategic review and formal sale process is the right and prudent thing to do in order to take time to consider a full range of options and put the Formula One team in the best possible position for the future," a Williams statement said. … [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
Frank Bochmann is seen in a photo he provided Tuoi Tre News. Saebel: Vietnam’s tourism sector has been tragically affected by the outbreak of COVID-19. Airlines, hotels, restaurants, laundry facilities, amusement parks, transport companies, tour operators, and homestay owners have all seen their business come to a standstill. The loss of revenue and livelihoods for Vietnamese employees and entrepreneurs alike in all spheres is devastating and the real effects will only be seen as savings and cash funds dry up. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?