This comprehensive financial report analyzes the performance of Saigon Beer-Alcohol-Beverage Corporation (SABECO) from 2016 to the first half of 2020. It begins with an introduction outlining the purpose, scope, methodology, and limitations of the study. The report provides a detailed overview of SABECO, including its background, mission, vision, and operational activities within the Vietnamese beer industry. An industry analysis is conducted using Product Life Cycle and Porter's Five Forces models. The internal environment is assessed through corporate governance analysis, including the board of directors and shareholders, and a BCG matrix analysis to evaluate SABECO's strategic business units. The report then delves into financial analysis, utilizing ratio analysis (liquidity, profitability, efficiency, leverage, and market performance), common-size analysis, and trend analysis to evaluate financial health. A SWOT analysis identifies SABECO's strengths, weaknesses, opportunities, and threats. The report also covers the optimal capital structure, including the weighted average cost of capital (WACC). Finally, the report concludes with strategic recommendations for SABECO's development based on a stable foundation and long-term strategies.