HANOI, April 18 Vietnam's trade ministry has
submitted a state divestment plan for the country's biggest beer
firm, Sabeco, to the government, Sabeco's chief
executive said on Tuesday.
The plan is pending government approval, Chief Executive Le
Hong Xanh told shareholders at the company's annual general
meeting. He did not provide any details of the plan.
The Vietnamese government aims to fully divest its 89.6
percent stake in Sabeco, the country's second-biggest listed
firm by market value, but a clear plan has yet been announced.
The stake is worth $5.2 billion at market price.
(Reporting by Mai Nguyen)