ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Companies

Saigon Beer follows Vinamilk in appointing outside director

Vietnam SOEs slowly adapt to 2014 corporations law change

Sabeco's Saigon beers are displayed for sale in a market in Hanoi.   © Reuters

HO CHI MINH CITY -- Saigon Beer Alcohol Beverage Corp., or Sabeco, has seated independent members on its board of directors and set up an audit committee, becoming Vietnam's second listed state-owned enterprise to do so since the current corporations law came into effect in 2014.

It follows Vietnam Dairy Products, or Vinamilk, which added independent directors and replaced its board of supervisors with an audit committee in 2017.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more