Sabeco

Taking place on September 2-3, the Vung Tau Beerfest boasted 40 stalls across six food and beverage areas. The event was organised by the People's Committee of Vung Tau alongside Saigon Beer-Alcohol-Beverage Corporation (SABECO) and with Bia Saigon as the main beer sponsor. Taking place on the National Day weekend, it attracted the attention of a large number of people from the surrounding areas. Festival goers enjoyed an international cuisine and beer experience from six different nations. The Asian street food style was represented by Japan, South Korea, and Thailand. The BBQ Garden Party was typical of the United States; and the Germans are known for their massive beer festivals. The event included an immersive investigation of culinary pleasures and beer culture from various significant nations, and an exciting line-up of musical acts. Korean tourist Lee expressed his interest when he discovered the familiar Myeongdong area at the event and was excited to explore … [Read more...] about Vung Tau Beerfest pushes tourism and beer culture

A worker collecting latex in a rubber plantation. Vietnam Rubber Group (GVR) shares were a bright spot on the market yesterday, rising 2.2 per cent. — VNA/VNS Photo Shares extended gains on Tuesday, spurred by the growth of market heavy-weights and the oil stock group. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index rose 0.23 per cent, to close at 1,204.43 points. It had gained 1.55 per cent to close Monday at 1,201.72 points. Up to 281 stocks on the southern bourse ticked up, while 203 ticker symbols went down. Liquidity was higher than the last session, with the trading volume and value both up 1.1 per cent, to 990.9 million shares and over VNĐ22 trillion (US$823 million). The benchmark’s rally was driven by increases in large-cap stocks. The 30 biggest stocks tracker VN30-Index also gained 0.17 per cent, to 1,215.47 points. In the VN30 basket, 13 stocks climbed and 14 declined, and three ended flat. Most notable gainers included Becamex (BCM), rising 2.7 per … [Read more...] about Shares extend gains on the back of pillar stocks

Employees of tech giant FPT (FPT). Investors should limit the use of margin, focusing on stocks with growth potential in the next two quarters such as securities and technology. — Photo FPT The market is likely to extend gains after the holiday, but the rising supply is likely to put great pressure on the market when the VN-Index approaches the resistance area of 1,240 points, said brokerages. “The market continued to extend the recovery span and penetrated deeply into the previous distribution area, the range of 1,210-1,240 points of the VN-Index. With the recovering inertia remaining, the market is expected to maintain the possibility of gaining after the holiday, but it is likely that the supply will increase and put considerable pressure when the market approaches the resistance area of 1,240 points,” said Việt Dragon Securities Co (VDSC). “Therefore, investors need to observe supply and demand movements and assess the market status. Temporarily, it is still advisable to … [Read more...] about Shares likely to maintain recovery span, but rising supply may pressure indices

Visitors experience five limited edition beer flavours of Saigon Beer at Vũng Tàu Beerfest, — VNS Photo For the first time, a large-scale beer festival was held overnight in Vũng Tàu City, contributing to attract hundreds of thousands of tourists to the coastal city on last weekend. With the theme "Around the world with Saigon Beer", Vũng Tàu Beerfest 2023 took place on last weekend (September 2 – 3) with a scale of up to 100,000 square metre and 40 food stalls. The event was organised by the People's Committee of Vũng Tàu City with the companionship of Saigon Beer - Alcohol - Beverage Corporation (Sabeco) and Saigon Beer brand as the main and exclusive sponsor of beer. It is estimated that in just two days, the festival has welcomed more than 100,000 visitors to enjoy the food and beer styles of different countries at six different spaces including Izakaya (Japan), Myeongdong (Korea), Khaosan (Thailand), BBQ Garden (the US), Oktoberfest Hut (Germany), Bùi Viện and Tạ Hiện … [Read more...] about Large-scale beer festival opened in Vũng Tàu

The index closed 3.5 points higher after after losing 15 points on Thursday. Trading on the Ho Chi Minh Stock Exchange (HoSE) downed by 9% to VND21.7 trillion ($894.29 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 17 tickers gain. VHM of property giant Vinhomes gained 3.4%, followed by PDR of Phat Dat Real Estate Development with 3% rise. Meanwhile, VIC of private conglomerate Vingroup dropped 3.4%. SAB of brewer Sabeco fell 2.5% and MWG of electronics retail chain Mobile World closed 2.4% lower. Foreign investors were net buyers to the tune of VND120 billion, mainly buying VHM of property giant Vinhomes and PDR of Phat Dat Real Estate Development. The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.36% while the UPCoM-Index at the Unlisted Public Companies Market rose by 0.12%. … [Read more...] about VN-Index rises 0.29%

It closed 0.31 points lower after plunging by nearly 16 points Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, rose 18% to VND23.34 trillion ($956.36 million). The VN30 basket, comprising the 30 largest capped stocks, saw 12 tickers fell. VIC of private conglomerate Vingroup dropped 2.5%, followed by SAB of brewer Sabeco with a 2.2% decline. BVH of insurance company Bao Viet Holdings lost 1.7% and BID of state-owned lender BIDV closed 1.2% lower. STB of Ho Chi Minh City-based lender Sacombank rose 2.1% and HPG of steelmaker Hoa Phat Group went up 2%. Foreign investors were net sellers to the tune of VND358 billion, mainly selling HPG of steelmaker Hoa Phat Group and STB of Ho Chi Minh City-based lender Sacombank. The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, dropped 0.10% while the UPCoM-Index for the Unlisted Public Companies Market fell 0.11%. … [Read more...] about VN-Index flat after drop