Beer market of Vietnam: “Young tiger”

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Vietnam is one of the few big beer markets that continue to grow steadily. The beer popularity results from its low price, street consumption culture, and social motives. The outlooks of beer market as well as the Vietnamese economy inspire optimism, though the country is heavily dependent on export of goods. The state regulation can be called liberal, but the key risk for brewers is harbored in intensive rising of excise. Within TOP-4 there are two leaders, Sabeco and Heineken that grow at the fastest rates. The first company effectively employs its capacities, the second one focuses on marketing technologies. Almost 80% of the market belongs to century-old brands, yet the middle class and the youth are shifting their interest toward international premium that is growing taking share from the mainstream.
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$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…)

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…)

Vietnam. Carlsberg in talks over additional Habeco stake

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Danish brewer Carlsberg is negotiating with the Hanoi Beer Alcohol and Beverage Corporation (Habeco) over the purchase of an additional stake following the latter’s listing on the UPCom market last week, officials have said.

“Negotiations will be carried out between related parties on October 31,” Deputy Minister of Industry and Trade Hoang Quoc Vuong told a press conference following the government’s monthly meeting on October 29. (more…)