Thai Tycoon Pledges Commitment to Vietnam

At the morning meeting on December 5th, the Minister of Industry and Trade emphasized the desire for ThaiBev Group to engage more deeply in sustainable value chains, rather than merely focusing on market exploitation.

0
21

On the morning of December 5th, Minister of Industry and Trade Nguyen Hong Dien held a meeting with Mr. Thapana Sirivadhanabhakdi, Chairman of ThaiBev Group, along with leaders of Saigon Beer-Alcohol-Beverage Corporation (Sabeco). This significant meeting took place as ThaiBev stands as one of the largest foreign investors in Vietnam, following its acquisition of Sabeco in late 2017.

According to the Vietnam Industry and Trade Newspaper, Minister Nguyen Hong Dien stated during the meeting, “We deeply appreciate the contributions of the Group to Vietnam’s economy and society over the past years.”

Notably, discussing sustainable cooperation and value creation, the Minister delivered a clear message to the Thai billionaire’s conglomerate:

“Vietnam always encourages and welcomes investors with clear strategies to engage in sustainable value chains. Vietnam is a nation with significant potential in agriculture. Therefore, we hope

ThaiBev views Vietnam not only as a consumer market but also as a strategic supplier of raw materials and a production hub.

This will enable the company to participate more deeply in the value chain and leverage existing advantages.”

Mr. Thapana Sirivadhanabhakdi, Chairman of ThaiBev Group. Photo: Can Dung, Vietnam Industry and Trade Newspaper

On behalf of ThaiBev, Chairman Thapana Sirivadhanabhakdi expressed confidence in Vietnam’s investment environment and reaffirmed the Group’s long-term commitment to the market. He emphasized that all investments by the Group are conducted with seriousness and responsibility.

“We remain steadfast in our commitment and confidence in investing in Vietnam, as evidenced by the tangible results and achievements throughout our partnership. From the perspective of an investor in Vietnam’s economy, we aim to collaborate in enhancing competitiveness,” the ThaiBev Chairman stated.

ThaiBev’s leadership also pledged to continue investing in technology and improving production quality to enhance consumer experiences and contribute to the betterment of Vietnamese people’s lives.

ThaiBev established a strong presence in Vietnam after acquiring nearly 53.6% of Sabeco’s shares in late 2017 for a record-breaking value of approximately $4.8 billion (equivalent to 110 trillion VND at the time). After eight years, despite fluctuations in SAB’s stock price, currently trading around 49,000 VND per share, significantly reducing the company’s market capitalization compared to its peak, ThaiBev maintains a steady cash flow from dividends.

It is estimated that by the upcoming dividend payment, the total dividend income ThaiBev has received from Sabeco will reach approximately 15,468 billion VND, equivalent to about 14% of the initial investment.

You may also like

Unlocking Global Capital: Elevating Corporate Governance for International Investment Appeal

On December 5, 2025, the Vietnam Institute of Directors (VIOD) hosted its 8th Annual Forum (AF8) under the theme: “Breakthrough Board of Directors: Reaching Regional Heights, Building Trust and Reputation in the Capital Market.”

Gold Bullion Transaction Tax: Will Small-Scale Buyers and Savers Bear the Brunt?

A 0.1% tax effectively diminishes the profit margins of short-term traders, scalpers, and speculative flippers.

International Organizations Maintain Positive Outlook on Vietnam’s Economic Prospects

On the afternoon of December 6th, the Government Office held its regular November 2025 press conference. Minister and Chairman of the Office of the Government, Trần Văn Sơn, who also serves as the Government Spokesperson, chaired the event. The conference provided updates on the socio-economic situation for November and the first 11 months of 2025.

CIO Techcombank in the Hot Seat: Leveraging AI for Real-World Problem Solving

“A.I Thá»±c Chiến,” the first-ever national TV competition focused on artificial intelligence and a flagship AI program nationwide, is nearing the end of its semi-final rounds. In the latest episode, teams tackled the theme “Building a Bank’s Financial Report,” judged by special guest Mr. Nguyá»…n Anh Tuấn, Director of Technology Division at Techcombank. During the segment, Techcombank’s CIO unveiled a four-step process to transform data-driven ideas into complete AI solutions, while also discussing the role of businesses in nurturing Vietnam’s next generation of AI talent.

Credit Reaches VND 18.2 Trillion as of November 27, Up 16.56% Year-to-Date

Credit growth is showing promising signs, with a positive trajectory compared to previous years. As of November 27, 2025, the economy’s credit reached over 18.2 million billion VND, marking a 16.56% increase from the end of 2024. This growth is particularly notable when compared to the same period in 2024, which saw an 11.47% increase from the end of 2023, and the end of 2024, which recorded a 15.09% rise from the end of 2023.