ThaiBev to bag $54 mln from Sabeco’s upcoming dividend payout
Vietnam Beverage, wholly owned by Thai Beverage (ThaiBev) will rake in VND1,374 billion ($54.26 million) worth of dividend from Ho Chi Minh City-based top brewer Sabeco.
Sabeco, which stands for Saigon Beer-Alcohol-Beverage Corporation (HoSE: SAB), plans to pay an interim dividend of VND2,000 (8 U.S. cents) a share for 2024 on the record as of December 27, 2024, the brewer said in a statement on Thursday.
Payment will be made on January 23, 2025.
Vietnam Beverage now owns 687.3 million SAB shares, or a 53.59% stake, according to exchange data. With a 36% stake in Sabeco, State Capital Investment Corporation (SCIC) will collect VND923 billion ($36.44 million).

Sabeco’s Saigon Special-branded beer cans on display at a supermarket in Hanoi. Photo by The Investor/Minh Tuan.
Shareholders earlier this year approved a plan to pay a cash dividend of 35% or VND3,500 (14 U.S. cents) a share for 2024.
Sabeco paid an annual dividend of at least VND3,500 during 2017-2023, including VND5,000 in 2018 and 2022.
Before the upcoming payout, Vietnam Beverage has earned a combined VND10.6 trillion ($418.4 million at the current rate) worth of dividends from Sabeco since acquiring the brewer in 2017.
In the first three quarters this year, Sabeco made a consolidated net profit of VND3,365 billion ($132.83 million) on revenue of VND22,940 billion ($906.7 million), up 6.1% and 4.6% year-on-year, respectively.
As of September 30, Sabeco’s total assets value was VND32,234 billion ($1.27 billion), down 5.3% from end-2023. Cash and cash equivalents and short-term financial investment (mainly short-term demand deposits) were VND20,789 billion.
On Thursday, Sabeco started its public tender offer to buy an additional 37.81 million shares, or a 43.2% stake, in local brewer Sabibeco, aiming to raise its direct holding to 59.6%.
According to FPT Securities, after acquiring Sabibeco, Sabeco will raise its annual capacity by 25.4% to 3.01 million liters of beer and become the largest brewer in the country.
SAB shares closed at VND55,300 ($2.18) apiece on Friday, down 15.8% from this year’s peak at VND65,700 set in early July.
- Read More
Vingroup’s real estate arm VEF posts 8,372% net profit growth in H1 on strong sales
Vietnam Exhibition Fair Center JSC, a real estate subsidiary of conglomerate Vingroup (HoSE: VIC), reported a net profit of VND15.25 trillion ($583.3 million) in the first half of 2025, up 8,372% year-on-year on the sales of key real estate projects.
Real Estate - Wed, July 23, 2025 | 8:08 am GMT+7
China's Guangxi proposes cooperation in aluminium mining, processing with Vietnam's Cao Bang province
Guangxi, one of China’s largest aluminium industry hubs, is seeking to establish cooperation with Vietnam’s Cao Bang province in aluminium mining and processing.
Companies - Tue, July 22, 2025 | 10:17 pm GMT+7
Malaysia maintains stance in tariff negotiations with US: Prime Minister
Malaysian Prime Minister Datuk Seri Anwar Ibrahim has reaffirmed Malaysia's stance on factors that may affect the country's policies, especially regarding tariff negotiations with the US.
Southeast Asia - Tue, July 22, 2025 | 10:11 pm GMT+7
Northern Vietnam province Bac Ninh pledges optimal support for Samsung Vietnam expansion
Bac Ninh is committed to facilitating the operation of Samsung Vietnam in the locality, said Chairman of the provincial People’s Committee Vuong Quoc Tuan.
Companies - Tue, July 22, 2025 | 10:04 pm GMT+7
NS BlueScope Vietnam publishes Environmental Product Declarations
NS BlueScope Vietnam has officially announced its Environmental Product Declarations (EPDs) to transparently disclose detailed information on the environmental impacts of its products.
Companies - Tue, July 22, 2025 | 8:07 pm GMT+7
Public corporate bond offerings expected to rebound rapidly in H2
As Vietnam’s financial markets continue a deeper phase of adjustment following a turbulent period, capital-raising channels are showing increasingly clear signs of divergence.
Companies - Tue, July 22, 2025 | 7:57 pm GMT+7
Vietnam’s benchmark VN-Index surpasses 1,500 points, highest in a month
Strong cash inflows from domestic investors in the final minutes of trading propelled the VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), to its highest level in a month on Tuesday, topping 1,500 points.
Finance - Tue, July 22, 2025 | 4:52 pm GMT+7
Vietnam's top instant coffee producer Vinacafé Bien Hoa earns nearly $52,800 in daily profit
Vinacafé Bien Hoa, Vietnam's leading instant coffee maker, posted an after-tax profit of over VND249 billion ($9.52 million) in the first half of 2025, or nearly VND1.38 billion ($52,785) per day.
Companies - Tue, July 22, 2025 | 3:49 pm GMT+7
Former Netflix HR leader joins Vietnam-based consultancy Newing as strategic advisor
Ho Chi Minh City-based Newing, a consulting firm specializing in leadership development and organizational transformation, is expanding its global network of experts to support Vietnamese enterprises, with Shweta Shukla, former Netflix HR executive, appointed as strategic advisor.
Companies - Tue, July 22, 2025 | 2:37 pm GMT+7
Malaysia’s EV adoption rate projected to reach 9.6% by year-end
The adoption rate of electric vehicles (EVs) in Malaysia may reach 9.6% by the end of this year, supported by the introduction of new models and growing consumer interest, according to Malaysian Automotive Association (MAA) president Mohd Shamsor Mohd Zain.
Southeast Asia - Tue, July 22, 2025 | 1:41 pm GMT+7
Malaysia strengthens position in global hydrogen ecosystem
Malaysia’s first solid-state hydrogen reactor, the HyPEReactor, has been launched at the Orang Asli Settlement of Pos Tibang.
Southeast Asia - Tue, July 22, 2025 | 1:39 pm GMT+7
Vietnam's SHB bank okayed to expand charter capital to $1.76 bln
Saigon-Hanoi Bank (SHB) has received approval from Vietnam's central bank to raise its charter capital to VND45.942 trillion ($1.76 billion) after issuing a 13% share dividend, maintaining its position among the Top 5 largest private banks in Vietnam.
Banking - Tue, July 22, 2025 | 12:45 pm GMT+7
Update of typhoon Wipha in Vietnam: Storm No.3 weakens into tropical depression
At around 7:30 p.m today (Tuesday), after nine hours of making landfall in Vietnam's Hung Yen-Thanh Hoa area, tyhooon Wipha weakened into a tropical depression.
Society - Tue, July 22, 2025 | 10:18 am GMT+7
Vietnam’s BCG Energy aims for green energy comeback
BCG Energy JSC (UPCoM: BGE), a subsidiary of Vietnam's multi-sector corporation Bamboo Capital, plans to hold its 2025 AGM on August 14, staying ready for a comeback to the green energy race.
Companies - Tue, July 22, 2025 | 9:54 am GMT+7
Vietnam’s benchmark VN-Index expected to surpass historical highs after correction: expert
The VN-Index, representing the Ho Chi Minh Stock Exchange (HoSE), will establish a new base and potentially break through its historical peaks after a correction phase, said Tran Hoang Son, director of market strategy at VPBank Securities (VPBankS).
Finance - Tue, July 22, 2025 | 9:07 am GMT+7
Passion fruit, banana, pineapple, coconut could be Vietnam's next billion-dollar exports
Passion fruit, banana, pineapple, and coconut are emerging as Vietnam’s next billion-dollar export items, offering strong potential to diversify the country’s fruit and vegetable sector, experts told a recent forum held in Ho Chi Minh City.
Companies - Tue, July 22, 2025 | 8:53 am GMT+7