Heineken was a direct competitor of Thaibev for the acquisition of Sabeco in late 2017. However, Thaibev won the race by spending US$4.89 billion for a nearly 54% stake of Sabeco.

ThaiBev affirms that Vietnam “continues to be one of ThaiBev’s core markets."

False and groundless rumor could have severe impacts on enterprises’ credibility and Vietnam’s business environment, said Vice Minister of Industry and Trade Do Thang Hai.