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Seven years after turning down a $2.5 billion offer from Coca-Cola Co., Vietnam's biggest homegrown beverage company is seeking a strategic partner that can invest $3 billion to help make it the next Red Bull. Tan Hiep Phat Beverage Group, known as THP locally, is open to mergers and acquisitions to become one of Asia's top drinks makers.
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Tan Hiep Phat Beverage Group is a Vietnamese drink producer. The company was founded by Tran Qui Thanh in 1994. It is the largest privately-owned soft drink provider in Vietnam, and produces over a billion litres a year. The company operates in Vietnam and 16 additional countries including Australia and China..
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The arrest of Tran Quy Thanh, chair of Tan Hiep Phat, Vietnam's largest beverage producer, and his two daughters, is expected to lead to changes in the domestic beverage market. The owner of Tan Hiep Phat Tran Quy Thanh (left) After many years of competition, the Vietnamese bottled drink market has taken shape.
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Founded in 1994, Tan Hiep Phat Beverage Group ("THP") is Vietnam's largest FMCG (Fast-moving Consumer Goods) business. THP develops, produces and sells three of Vietnam's national brands and supplies drinks to all of Vietnam's 63 provinces, and to an additional 16 countries internationally.
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Tan Hiep Phat’s great aspiration to a billiondollar Vietnamese enterprise Talk Vietnam
Founded in 1994, Tan Hiep Phat (THP Group) is Vietnam's leading FMCG company and operates three of the leading national brands across Vietnam: Zero Degrees Drink Tea, Dr Thanh Herbal Tea, Number 1 Energy Drink. THP consistently invests in cutting-edge technology and has three state of the art factories in Vietnam.
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Location: Tan Hiep, Hoi An, Quang Nam province 3. Visit the Dragon Bridge. Da Nang's Dragon Bridge is the longest bridge in Vietnam. It crosses the Han River, connecting people to Non Nuoc Beach, My Khe Beach and many other famous spots. The bridge was constructed in 2011 and officially opened 2 years later.
Tan Hiep Phat Vietnam’s Tea Maker Seeks 3 Billion to the Next Red Bull Bloomberg
Vietnam's largest private beverage producer Tan Hiep Phat Group has named David Riddle, the British vice-chairman of the group, its new CEO and legal representative. Riddle was appointed one day after the firm's founder and CEO Tran Qui Thanh as well as deputy CEO Tran Uyen Phuong were arrested and Tran Ngoc Bich, who is also a deputy CEO of Tan Hiep Phat, was charged but was not taken.
Tan Hiep Phat"s promotion campaign Vietnam Times
Tân Hiệp is a rural district of Kiên Giang province in the Mekong River Delta region of Vietnam . Divisions The district is divided into the following communes: Tân Hiệp, Tân Hiệp A, Tân Hiệp B, Tân An, Tân Thành, Tân Hội, Thạnh Đông, Thạnh Đông A, Thạnh Đông B and Thạnh Trị. As of 2003, the district had a population of 147,821. [1]
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That is the story Tan Hiep Phat turned down Coca-Cola's USUS$2.5 billion buyout offer. That is the story of a Vietnamese enterprise pioneering to build the best production line in the world. Currently, Tan Hiep Phat is the only company in Vietnam that owns 10 Aseptic technology lines - the most advanced automatic sterile technology.
Tan Hiep Phat’s great aspiration to a billion dollar Vietnamese enterprise Hightlight
Tan Hiep Phat Beverage Group, known as THP, is Vietnam's top local non-alcoholic beverage maker, with products like Zero Degree Green Tea; The family company turned down a US$2.5 billion offer.
Tan Hiep Phat to produce 3 billion liters of beverages in 2023 Tập Đoàn Tân Hiệp Phát
Tran Qui Thanh, the 70-year-old chairman of Vietnam's largest beverage producer Tan Hiep Phat (THP), was arrested Monday on charges of illegally appropriating property. Thanh's daughter Tran Uyen Phuong, 40, was also arrested and Tran Ngoc Bich, 39, is under investigation but left out of custody, for allegedly colluding with their father.
2008 the booming year of Tan Hiep Phat Vietnam Times
The arrest and prosecution have shaken the Vietnamese business community, because Tan Hiep Phat is the leading beverage manufacturer in Vietnam and hoped to become a powerful group in the region. Tan Hiep Phat, established in 1994, is the owner of many well-known brands, including Number One, Tra Thanh Nhiet Dr Thanh and the annual profit of trillions of VND each year.
Tan Hiep commune launches resource recovery facility in Bai Huong village Quang Nam Newspaper
Founded in 1994, Tan Hiep Phat (THP Group) is Vietnam's leading FMCG company and operates three of the leading national brands across Vietnam: Zero Degrees Drink Tea, Dr Thanh Herbal Tea, Number 1 Energy Drink. THP consistently invests in cutting-edge technology and has three state of the art factories in Vietnam. The company's ten aseptic production lines ensure the most hygienic, advanced.
