Output set to rise up to 25% as thirst for Vietnam’s beer tipped to rise at home and abroad.
Vietnam, already one of Asia’s largest beer consumers, is seeking to boost its beer output over the next several years to meet an expected rise in demand at home and abroad. (more…)
East End Foods, the creator of Himalayan Monkey, has announced the release of a second authentic Indian bottled beer.
Shimla joins Himalayan Monkey – the craft beer designed to pair with spicy foods, which FoodBev first reported on back in June – in being released for general sale this month. (more…)
The beverage industry contributed VND30 trillion (US$1.3 billion) to the State budget last year, according to the Viet Nam Beer, Alcohol and Beverage Association (VBA).
At a conference held in Ha Noi yesterday, VBA Chairman Nguyen Van Viet said the beverage industry continued to grow over the past five years despite the difficult economic times that have resulted in many other kinds of companies struggling or shutting down. (more…)
2015 proved to be unfavorable for the brewing industry of China. The growth rate not only stopped, but also showed an unprecedented decline over the past 24 years. (more…)
On 28 December, Wugang City of Hunan Province witnessed the laying of the foundation stone of a new brewery of Anheuser-Busch InBev. The event was attended by the representatives of the municipal authority of Wugang. (more…)
More than 20 months since the state government’s new liquor policy was put into action, the results have left the state with much to cheer about, but there is also room for ample concern. (more…)
he New Year spirit is in danger of being dampened in the city with liquor supplies drying up due to introduction of online monitoring of liquor trade at wrong time. (more…)
Shares of China Resources Beer (Holdings), or CR Beer, rose for a fifth straight session here Tuesday amid local media reports that the brewer may raise its stake in a joint venture. (more…)
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5 December 2015, the Chinese Tsingtao Brewery presented its own version of the famous craft beer Indian Pale Ale. The degustation of new beer for the Chinese was held in Tsingtao community living room and became an important event for everybody who likes it. (more…)
According to the Euromonitor data, the high company’s share in the beer market does not guarantee a large profit. Thus, Sobeco controls 46% of the Vietnamese beer market, its revenue in 2014 amounted to 30.000 billion dongs and net profit to 4,000 billion dongs. At the same time, VBL controls 18.2% of the market, but its profit is estimated at 6.200 billion dong. (more…)
