“SABECO and the Communist Youth Union Join Forces to Aid Northern Provinces in Post-Storm Recovery Efforts”

With a total value of over VND 4.2 billion, the support program is a joint effort between SABECO and various partners to provide essential goods and food to flood-affected residents in Bac Kan, Cao Bang, Lao Cai, Thai Nguyen, Tuyen Quang, and Yen Bai. Each province is estimated to receive support worth VND 650,560,000. Additionally, the program also offers a financial aid package of VND 50,000,000 to frontline forces involved in post-storm recovery efforts in each province.

The provided relief goods, including bottled drinking water, staple foods, and flashlights, will be distributed to the residents by the local authorities and provincial youth union members. These goods are supplied by MM Mega Supermarket and Chuong Duong Beverage Company.

Prioritizing Employee Safety and Business Stability

With 44 member companies and over 12,000 employees in its system, SABECO is committed to ensuring the safety and health of its workforce, especially in the companies and factories directly managed by Saigon Beer Commerce Joint Stock Company Northeast and Saigon Beer Commerce Joint Stock Company North, which were affected by Storm Yagi. During this challenging period, the Executive Board, along with the SABECO Trade Union and related departments, are working together to:

Firstly, ensure the safety of employees and their families. Additionally, assess the condition of physical facilities and local infrastructure. Coordinate with local agencies and emergency services. And finally, continue supplying products to businesses in need of reconstruction.

SABECO’s employees have also demonstrated their unity and community spirit by participating in an internal donation program organized by the SABECO Trade Union to support colleagues in the affected areas.

“As a leading enterprise in Vietnam with the vision of ‘For a Rising Vietnam’, SABECO affirms its responsibility to accompany the localities where we operate,” shared Mr. Lester Tan, CEO of SABECO. “In difficult times, providing practical and timely support is crucial. We have temporarily halted other programs to focus on emergency relief for the community while ensuring the safety and health of our employees and maintaining business and production continuity. This reflects our people-centric philosophy and demonstrates SABECO’s commitment to promoting sustainability and enhancing the well-being of the Vietnamese people.”

About SABECO

With a 149-year history in the beverage industry, Saigon Beer Alcohol Beverage Corporation (SABECO) has established itself as one of the leading corporations in Vietnam.

Over the years, alongside its business activities, SABECO has actively engaged in community projects and sustainable development initiatives to foster positive values for the people and the country. The company’s commitment goes beyond its core business activities and reflects its deep dedication to the resilience and progress of the nation.

During the COVID-19 pandemic, SABECO demonstrated its support through initiatives such as the “Contributing Millions of Stars” program, contributing VND 3 billion to assist 600 small and medium-sized enterprises in Ho Chi Minh City. Another program, “Supporting Vietnam,” contributed VND 8.9 billion to aid more than 200 hospitals and frontline forces in the fight against the pandemic. Additionally, the “SABECO Cares” program was launched to protect the health and safety of its employees.

Since 2020, SABECO has contributed over VND 43.3 billion to support workers in 63 provinces, helping them celebrate a meaningful Tet holiday despite economic challenges and instability. SABECO’s continuous efforts highlight its role as a trusted partner in Vietnam’s development.

In collaboration with the Ho Chi Minh Communist Youth Union Central Committee, SABECO has implemented high-impact projects such as “Lighting up Rural Roads,” installing 73km of solar-powered street lights in rural areas of 63 provinces and cities, and “Elevating Sports” upgrading 30 community sports facilities. Starting in 2024, SABECO and the Central Committee have signed a cooperation agreement to expand the scope of practical support.

With a commitment to investing in business development hand in hand with sustainability, SABECO strives to bring about positive changes to enhance the position of Vietnamese brands while contributing to the positive development of the community and Vietnam. Accordingly, SABECO’s sustainability model focuses on four goals: Consumption, Conservation, Country, and Culture.