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Philippines' San Miguel to bid for Vietnam's No. 1 beer

Brewer could compete against the likes of Heineken and Anheuser-Busch InBev

The biggest company in the Philippines is investing in its old core businesses and Oceania.

MANILA -- San Miguel, the owner of the Philippines' largest brewer, plans to bid for Vietnam's No. 1 beer maker, an official said on Monday.

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