Souring Vietnam sentiments on beer may hit ThaiBev

Submitted By:  Nathanielle Punay Case Study:  No The country’s new anti-drunk driving law took its toll on Sabeco’s beer volumes. Concerns over drink driving laws in Vietnam dragged ThaiBev’s share price down 11.8% YTD, according to an analyst report by DBS Group Research. OCBC Investment Research (OIR) echoed a similar sentiment, adding that the fall in share price could be largely attributed to the 9.8% correction after Sabeco announced its full year results in January with 6% YoY fall in revenue due to weaker sales volume. read more