The Ho Chi Minh Communist Youth Union signed co-operation agreement with SABECO for the development of young talents, cultural, sports, tourism and sustainability in Vietnam


On April 18, 2022, the Signing Ceremony of the Cooperation Program for the period 2022-2024 between the Ho Chi Minh Communist Youth Union (HCYU) and the Saigon Beer-Alcohol-Beverage Corporation (SABECO) took place at the headquarters of the Ho Chi Minh Communist Youth Union in Hanoi. This will establish a long-term strategic and sustainable cooperation based on the joint objectives of both parties.

The Ho Chi Minh Communist Youth Union (HCYU) and SABECO signed a 3-year cooperation.

The 3 years cooperation from 2022-2024 between SABECO and HCYU will focus on 4 main areas:

  • National development activities, with a focus on promoting and supporting the development of young talent; accompanying the youth in business startup, starting a career, livelihood support, training and improving competitiveness of small and medium household business as well as encouraging and honoring exemplary workers.
  • Cultural preservation activities to encourage a healthy, positive living culture in the community, such as physical and sports activities and spiritual strengthening cultural activities.
  • Activities that promote a civil lifestyle that helps raise awareness of healthy living and responsible drinking manners, especially among the youth.
  • Sustainable development activities that promote sustainable development through activities that encourage the youth to protect the environment.

Both parties agreed on respective area of responsibility in the process of jointly implementing activities in provinces and cities nationwide on annual basis.

Speaking at the signing ceremony, H.E. Mr. Ngo Van Cuong, Secretary of the Central Committee of the Ho Chi Minh Communist Youth Union (HCYU), said: “Both sides have determined that this is a comprehensive cooperation program with specific contents, detailed assignments and clear tasks for SABECO and the Committees and Departments of the HCYU in advising and implementing the cooperation program. This joint program will also continue to create a favorable mechanism focusing on supporting start-up businesses; carrying out activities associated with cleaning up the seaside, promoting indigenous products of Vietnam and implementing sustainable development activities for young people in accordance with the actual conditions in each locality. With the successful signing of the cooperation program and the establishment of very specific contents, we hope that there will be meaningful programs and activities in the near future, realizing the strengths and potentials of both sides towards the same common goal for a sustainable Vietnam.”

Mr. Bennett Neo, General Director of SABECO, said: “As a company that has accompanied Vietnam in the past 147 years, SABECO has always attempted to create positive changes to raise the stature of Vietnamese brand, while also promoting positive development for the community. Our Sustainable Development Strategy revolves around four pillars, namely the Country, Culture, Consumption, and Conservation. SABECO is honored to accompany the Ho Chi Minh Communist Youth Union in the journey to initiate and organize meaningful activities for the community in general and the youth in particular. This strengthens our commitment to sustainable development for the prosperity of the country and people of Vietnam.”

Mr. Bennett Neo, General Director of SABECO, delivered his speech at the Signing Ceremony.

In 2021, as the pandemic created countless social disturbances, SABECO, with its Bia Saigon brand, has coordinated with HCYU to implement many meaningful activities, including the social movement “Collecting a Million Stars” – encouraging the community to join hands and share the spirit of “Going Forward Together” and supporting small household businesses in Ho Chi Minh City that were severely impacted by the pandemic. In addition to these, the recent “Tet One Home” campaign donated 1530 coach tickets, 270 air tickets and 200 ship tickets to exemplary factory workers and Youth Unionists who volunteered in COVID-19 prevention. These activities have created a solid basis for SABECO and the HCYU to aim for an even more comprehensive cooperative relationship starting from 2022 onwards through this 3 years partnership.


About the Ho Chi Minh Communist Youth Union (HCYU)

Ho Chi Minh Communist Youth Union (HCYU) is a socio-political organization of Vietnamese youth. The HCYU was founded, led and trained by the Communist Party of Vietnam and President Ho Chi Minh. The HCYU’s members are progressive youths, striving for the Party’s ideal and goal of national independence and socialism, for the cause of rich people, strong country, just, democratic and civilized society. The HCYU gathers youth embarking upon on bringing into play the revolutionary heroism and national valuable traditions, organizes and mobilizes youth to be pioneers in the cause of national construction and defense. 

The HCYU is a reliable reserve force of the Communist Party of Vietnam and a school of socialism for youth, represents and protects youth’s legal rights and is a core political force in youth movements as well as in other youth organizations of Vietnam. Ho Chi Minh Communist Youth Union unites and develops friendly and equal cooperation relations with progressive youth organizations, youth and people from all over the world to strive for peace, national independence and democracy and social progress, for the future and happiness of youth.

Founded on 26/3/1931.

Number of members: about 6.5 million members.




With 147 years of brewing history, Saigon Beer – Alcohol – Beverage Corporation (“SABECO”) has established itself as one of Vietnam’s leading companies.

SABECO includes 26 breweries and 11 trading subsidiaries and has a distribution network consisting of hundred thousand retailers nationwide. SABECO is proud to offer a brand portfolio that consists of some of the most well-loved beer brands in Vietnam, including Bia Lac Viet, Bia Saigon Chill, Bia 333, Bia Saigon Special, Bia Saigon Export, Bia Saigon Lager and Bia Saigon Gold.

Our flagship brands Bia Saigon and Bia 333 have been consistently recognized for its outstanding quality by prestigious local and international organizations, such as “National Brand” of Vietnam for several years. Most recently, it has received a gold medal at the International Brewing Awards 2019 (IBAs), the Gold, Silver and Bronze Prize at the International Beer Cup 2019 (IBC) and Gold, Silver Medal at Australia International Brewing Award 2020 (AIBA), Gold and Silver Medal at Monde Selection Award 2021.

With a commitment to investing in business development along with sustainable development, SABECO is always striving to create positive changes to enhance the position of the Vietnamese brand, while promoting positive development for the community and Vietnam. Accordingly, our sustainable development strategy focuses on four pillars: Consumption, Conservation, Country, and Culture. 

For more information on SABECO, please visit:


Press information, please contact:

Dinh Nguyen Thi Huong, Head of Corporate Communication, Saigon Beer-Alcohol-Beverage Corporation (SABECO)

Nguyen Thi Hong Nhung, Officer of the Central Youth Union’s Department of Rural Youth, telephone number: 0969.594.345, email:


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