Stake sell down

Sabeco's former chairman Vo Thanh Ha (right) signs a deal to sell a 54-percent stake in the Vietnamese brewer to Thai Bev in this file photo taken on December 18, 2017. Photo: Tran Vu Nghi / Tuoi Tre This is the third time since 2018 that Thai Bev has made such an announcement to refute similar claims, after it had successfully bought a majority stake worth US$4.84 billion in Sabeco from the Vietnamese Ministry of Industry and Trade in December 2017. … [Read more...] about Thai Bev denies rumors about plan to sell stake in Vietnam’s Sabeco

In Southeast Asia, particularly Vietnam, TV brands have been shifting from analog TV to smart TV and AIoTV (Artificial Intelligence - Internet of Things – TV). So far this year, smart TVs have become one of the most popular trends in the digital device market with many options in several price ranges. … [Read more...] about New TV marks Vietnam launch with live-streaming sell out of 1,000 units

At the meeting, the firm also amended its charter to mean large shareholders will not be able to make use of their advantages to affect the rights and interests of the company and other shareholders while at the same time, they must disclose information as prescribed by law. … [Read more...] about Savico appoints new management board amid foreign divestment

They had only been permitted to operate a limited number of flights between the three major cities of Hanoi, Da Nang and HCMC between April 1 and 15 following the government's directive on the prevention and control of the Covid-19 epidemic. … [Read more...] about Carriers increase frequency of domestic flights

The adjustment of socio-economic targets is a big and unprecedented issue, because the targets set in the NA’s Resolution are concretised from the Resolution of the Party Central Committee. On the basis of the Government’s proposal, the decision on the adjustment of growth targets will be made by the competent levels, with the current political and legal bases taken into account. According to economic experts, the adjustment of GDP growth target and relevant macro targets in accordance with the new developments in the domestic and international socio-economic situations will create favourable conditions for the Government in its management work, towards realising the dual goal of successfully combating the pandemic and reviving the economy after the disease. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30