Vietnam. Habeco and Sabeco to list on stock exchanges

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Giving into the government’s urging, Vietnam’s two leading beer producers Hanoi Beer, Alcohol and Beverage JSC (Habeco) and Saigon Beer, Alcohol and Beverage JSC (Sabeco) have both registered to list their shares on stock exchanges and received approval. (more…)

India. Graft: VACB quizzes Babu

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The VACB probing the alleged irregularities in the issuance of beer and wine parlour license interrogated former Excise Minister K Babu on Monday in connection with the case. (more…)

China. Crafting a new beer boom

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One hot Saturday afternoon mid-September, Li Hao, a 29-year-old researcher with a chemical company in Shanghai, binged on a dozen varieties of craft beer. He helped himself to all those drinks at a beer fair at Pudong Kerry Center in Shanghai. More than 50 stalls were selling hundreds of brands, both global and local. Li wished he had a pair of bellies to take them all in.

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China. Beer company Broo raise $10.5 million in share offer

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After a six week initial public offering, Victorian beer firm Broo has announced it has raised $10.5 million and can now list on the ASX.

​The move is part of broader strategy to target the biggest beer market in the world, China. (more…)

Vietnam. Ministry guides Sabeco, Habeco to sell shares

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The Ministry of Industry and Trade (MoIT) issued a decision to establish a steering committee for the sale of shares of two leading brewery companies.habeco

Sai Gon Alcohol, Beer and Beverages Corp. (Sabeco) and Hanoi Beer Alcohol and Beverage JSC (Habeco) will complete their divestiture from state funding in the near future. (more…)