Chuong Duong Beverages Joint Stock Company (CDBECO) is a Vietnam-based manufacturer of beverages. Its products include soft drinks, fruit drinks, mild wine and purified drinking water. The Company also offers bottling, packaging and related services to other beverage producers, as well as trades supplies and materials for the beverage industry. Moreover, it is involved in real estate trading and the offering of real estate brokerage services. As of December 31, 2012, the Company was a 51%-owned subsidiary of Saigon Beer - Alcohol - Beverage Joint Stock Corporation (SABECO). As of the same date, it had three branches located in Ho Chi Minh City, Binh Duong Province and Vinh Long Province, Vietnam.