The trend of complication of Russian beer market is going on and in several directions at the same time. The range has got wider, the import and small segments are growing, namely craft beer, alcohol-free beer and special flavor beer. At the same time, all ex-mega brands and light lagers by Russian brewers are experiencing a decline of their shares. AB InBev Efes, Heineken, MBC and Pivzavod Trekhsosenskiy have exceeded the market, Carlsberg was developing slower than the market and Ochakovo as well as some other mid-sized breweries have been cutting down their volumes. To a big extent brewers’ performance was connected to their ability to reach agreement with networks, sacrifice their margin and enter new markets. Craft brewers are facing a serious danger of producers’ registration introduction – de facto licensing. ...
The global outlooks of the legal market of cannabis are excellent. It is possible to simultaneously imagine dry law repeal and craft brewing boom but not in one but in several consumer categories. For alcohol is contained in liquids and cannabis derivatives can be in three physical forms. The value of legal market of cannabis and its products can reach 10% of the world beer market in five years, and in 2030-2040 even reach the same scope provided the current rates of legalization and development of market infrastructure remain at the same level. Cannabinoids are actively integrating into the food industry from chewing gum to beverages deforming the pharmaceutical and alcohol markets, they influence the trends of healthy lifestyle and beauty. ...
Beer market of Kazakhstan acquired both traits of East European countries and South Eastern Asia taking a transitional position between them by many criteria and consumption style. Yet there is a positive trend in beer production which differs Kazakhstan from most of the neighboring countries. The market has remained consolidated in the hands of two international players because of its small size. However, it faces dynamic processes such as fast growth of draft beer sales, up and downs of regional companies and Carlsberg Group’s ultimate expansion. Excessive mainstream segment has declined over the recent years, yet, Zhigulevskoe and national brands with regional links have yielded their positions to a range of new products. In our review special attention was paid to regional analysis of the markets. In 14 regions of Kazakhstan we compared the companies’ positions, the market price segmentation and DIOT channel development. Besides we have compared the beer market of Kazakhstan to neighboring countries. ...
Vietnam. Don’t Blow It
Yet by some measures, the country's progress is precarious. And as Vietnam's Communist Party convenes in Hanoi this week to select new leadership, amid much intrigue and controversy, there's a risk that the regime could squander a singular opportunity to reform its economy for the long run -- and to address the festering problems underlying Vietnam's remarkable rise.
The outcome of the selection process is still anyone's guess. The favored candidates for the party's general secretary are Nguyen Tan Dung, the current prime minister, and Nguyen Phu Trong, the incumbent. Dung generally supports freer markets and closer ties to the U.S.; Trong favors more state meddling and friendliness toward China.
Whoever wins will face a slate of economic conundrums, ideological quandaries and geopolitical hazards. But he also has two very big opportunities.
The first is demographic. Fully 60 percent of Vietnam's population is under age 35, with about two people of working age for every dependent. Actuaries call such a windfall a "golden population structure." Yet this won't last. In 20 years, the proportion of citizens aged 65 or older will roughly double. That means it's crucial to put a sustainable social safety net in place now, while the middle class is growing and able-bodied taxpayers abound.
The second opportunity is economic. The Trans-Pacific Partnership, a U.S.-led free-trade deal, is likely to benefit Vietnam hugely. If ratified, it would cut some 18,000 tariffs in 12 countries, helping Vietnamese goods -- from apparel to seafood -- find new customers and new markets. By 2030, the World Bank reckons, the agreement would boost the country's exports by about 30 percent and its economic growth by 10 percent.
All this good fortune means that the new general secretary should have a very unusual grace period -- and a very brief window for pushing ambitious reforms.
Despite its lively growth figures, Vietnam faces some daunting challenges. The economy remains heavily dependent on low-wage labor and cheap exports. The tax system is among the most complicated in the world. Corruption is embarrassingly common. And distrust of government is widespread.
Some Vietnamese officials have recognized these problems. They've made progress in streamlining investment rules, selling off some state-owned companies, and opening more markets to foreign investors. They've also tried to encourage better governance and public works investment.
But a few further reforms are in order.
Relinquishing state control of more businesses should be the top priority (some of that delicious beer, for instance, is still brewed by the government). That would help rationalize the economy, reduce fraud and boost productivity, which would in turn ease the burdens of an aging workforce. Scrapping the regime's "two-child policy" could also alleviate demographic pressure. Raising the retirement age -- now set at 60 for men and 55 for women -- would go a long way toward shoring up the teetering pension scheme. And easing official discrimination against families that sided with the U.S. during the war would remove a serious impediment to upward mobility.
All easier said than done, of course. But there are indications that at least some members of the Communist Party understand these challenges and are prepared to act on them. There may never be a better time.
22 Янв. 2016