$1 billion milestone within reach for Vietnamese businesses

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20161108121050-1-billionThe name which has been added on the list of businesses with capitalization value of over $1 billion is Habeco, a brewer. Habeco shares saw prices hitting the ceiling price levels in the first five trading sessions of the last weeks and had a closing price of VND95,300 per share on November 3, with the company’s value of over VND22 trillion. (more…)

Shangri-la first Chinese brewery to win European Beer Star medal

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10740Northwest Yunnan’s Shangri-la Highland Craft Brewery went into full production only 17 months ago, and yet today one of its products became the first domestically produced Chinese beer to win an award at the prestigious European Beer Star competition. Black Yak, a porter-style draught, won a silver medal in the event’s Bohemian-Style Schwarzbier category, and Shangri-la founder Songtsen ‘Sonny’ Gyalzur was in Nuremberg to accept the award in person. (more…)

India. Bevco decides to relocate outlet following protests

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Following protests from local residents and prohibitionists, Kerala State Beverages Corporation Limited (Bevco) has decided to relocate the controversial liquor outlet on O.P. Raman Road at Moolampally near the District Collectorate to a building on Pavamani Road in the city. (more…)

India. Sales take a hit at TASMAC outlets

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tasmac_3075164fThe Tamil Nadu State Marketing Corporation (TASMAC) has witnessed a 10-15 per cent drop in sales across Tamil Nadu after scrapping of the Rs. 500 and Rs. 1,000 notes. (more…)

Baltika improved results in Q3

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Company’s volume market share increased by 1.4%* in comparison with the similar period of 2015. Baltika’s shipments in Q3 went up by 16%. The quarter results positively influenced on company’s 9 months 2016 performance. (more…)

Vietnam. Habeco seeks to trade on HoSE in Q4

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The Hanoi Beer Alcohol and Beverage Corporation (Habeco, Code: BHN) will soon seek shareholders’ written opinions on it listing on the Ho Chi Minh Stock Exchange (HoSE) in the fourth quarter. (more…)