HO CHI MINH CITY/SINGAPORE (Dec 17): Vietnam's trade ministry said on Sunday that Vietnam Beverage Co, a unit of Thai Beverage, was the only investor seeking to buy all shares of Vietnamese brewer Sabeco on offer worth nearly US$5 billion ($6.75 billion).

The keenly anticipated sale of the state-owned maker of Bia Saigon gained momentum in recent months after being hampered for years by political resistance, fickle policy-making and complications over valuations.

The government has set a minimum sale price of 320,000 dong or US$14.10 per share for Saigon Beer Alcohol Beverage Corp (Sabeco), whose shares have nearly trebled to 309,200 dong since its listing a year ago.

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