VietNamNet Bridge – Sabeco and Habeco, the two largest Vietnamese breweries, made VND5.3 trillion in pretax profit in 2014. However, the figure was still far below that earned by VBL, the distributor of Heineken, Tiger and Biere-Larue. (more…)
2015/2016 double financial year with record turnover: 195 million Euro forecast for 2015 and “250 plus X” for 2016
Go-ahead given for the next major investment in the new Hall 3C worth 70 million Euro
ifo Study: exhibition company secures 15,000 jobs and generates annual purchasing power effects worth billions (more…)
Consumption of locally brewed beer and spirits in the national capital has registered a decline, whereas intake of Indian-made foreign liquor has slightly increased here during 2014-15, an official data revealed today. (more…)
More Saigon beer products are expected to be shipped to the US, following the takeover of the US distributor Heritage Beverage. (more…)
The import volume of beer to China increased by 42.5% and amounting to 4.24 mln. liters in October 2015. These figures confirm the tendency of rapid growth of the market share of imported beer that dates back to 2014 continues unabated today. (more…)
Spanish beer giant Mahou SA is eying a potential launch of San Miguel beer to boost its presence in the Indian market. Mahou, which owns he trademark in Europe, has had early discussions with San Miguel Corporation (SMC) of Philippines in this regard. (more…)
Sabeco is the biggest Vietnamese beer maker, with a 46-per-cent market share. The Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) accounts for 17.3 per cent of the market.
The local beer market is set to face tough competition due to a rising number of foreign brewers moving into the market after Viet Nam joins the Trans-Pacific Partnership (TPP), experts said. (more…)
Guinness Anchor Bhd (GAB) does not expect any major shift in business directions following the takeover of its holdings company GAPL Pte Ltd by Heineken NV last October.
GAB MD Hans Essaadi said despite having a new parent entity, GAB is committed towards its business model which has propelled it to become a leading brewer in the market with a strong product line. (more…)
Gold Medal Taiwan Beer, a century-old brand brewed by the state-owned Taiwan Tobacco & Liquor Corp., will open a brewery in Vietnam in the near future, a source familiar with the matter was quoted as saying by China Post on December 14. (more…)
China Resources Beer (Holdings) Co. will soon ask investment banks to pitch for a role advising on options for its Chinese brewery joint venture with SABMiller Plc, people with knowledge of the matter said. (more…)