"All domestic and foreign investors, regardless of their economic structure or sector, can join the bidding," official said
Sabeco controls 40 percent share of a market, followed by Habeco with 20-percent share.
Vietnam government values its stake in Sabeco at $1.8 billion
The 40 top brands, mostly young companies, are valued at around $5 billion in total
Its revenue grew 10 percent to $1.2 billion in 2015
The state-controlled company plans to sell a 40-60 percent stake
Beer is now subject to a luxury tax rate of 55 percent
Vietnam's merger and acquisition (M&A) deals hit a record $4 billion last year
Foreigners are showing strong interest in Vietnam, which this year has grown 6.68 percent, its fastest pace in five years...
The government now owns a 89.6 percent stake in the country's largest brewer
Heritage Beverage has imported and distributed the increasingly popular beer since 1994
Japanese and US brewers hope to take over the market, which is poised to grow 40 percent over the next...
The producer of the popular Saigon Beer has been accused of rigging prices to avoid high luxury taxes
Saigon Beer Alcohol Beverage JSC is accused of keeping prices artificially low within its distribution system to evade luxury tax...
Thai Beverage and Singha have expressed interest in buying the government's share in the state-owned Sabeco.