Ukrainian beer market has been declining since 2008, however 2015 made an abysmal record, that is, a 20% slump in sales and production. Half of this decline results from the actual production stoppage at Efes Ukraine. Even after reallocation of the company’s volumes other brewers were not able to compensate for the outlets loss and consumption decrease caused by the military conflict and economy shocks. The price structure of the market also saw changes as it drifts to the economy segment. The year of 2016 does not give much ground for optimism due to the twofold increase of excise. (more…)
Each April, as Burma’s favorite festival nears, the sound of a familiar tune can be heard through loudspeakers and car radios: Tupo Tupo.
The beloved tune, written by Mandalay’s Myoma Nyein, has become synonymous with Thingyan, the water festival celebrating the Burmese New Year. The title, Tupo, was derived from the sound of Burmese drums and gongs played throughout the holiday. The well-known musician was surprised last year when, sometime in April, a new beer was being advertised with an uncanny name. (more…)
Last year, both Saigon Beer-Alcohol-Beverage Joint Stock Corporation (Sabeco) and Hanoi Beer-Alcohol-Beverage Joint Stock Corporation (Habeco), the biggest brewers in Vietnam in terms of output, saw a marked decrease in their share of the country’s beer market. (more…)
On 12 January, Carlsberg Brewery Holdings of Chongqing declared closing of its branch in Qianjiang. It was the third in series for the last 4 months. (more…)
Despite the fact that in 2015 Sabeco produced 1.38 billion liters of beer, the experts say very little growth of the company. Meanwhile, Heineken was able, for the very first time, to outstrip Habeco and to take the second place in the beer market of Vietnam. (more…)
On January 4, it became aware of the abolition of two permits for construction of AB InBev Brewery in Kunming, Yunnan Province. (more…)
C2 Imports, with headquarters in Denver, CO, announces its new U.S.A. distribution agreement with Carlsberg Vietnam Breweries Limited, a World Beer Championship medalist whose award-winning Huda Beer is brewed in Hue, Vietnam. The brewery is 100 percent owned by multi-national Carlsberg Group, with roots dating to 1847 in Denmark. (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…)
At the recent conference, Nguyen Hong Linh, CEO of Hanoi Beer Alcohol & Beverage Joint Stock Corp. (Habeco) said that he had been disappointed by cooperation with a strategic partner Carlsberg Group. (more…)