Thai billionaire’s group eyes $3.8mn acquisition of Vietnam’s Chuong Duong Beverages factory

2026-02-27 - 08:14

A company within Thai billionaire Charoen Sirivadhanabhakdi’s business empire is seeking to acquire a soft drink factory owned by Chuong Duong Beverages JSC for nearly US$3.8 million, as the loss-making Vietnamese firm moves to ease mounting financial strain after five consecutive years in the red.