Some local newspapers recently quoted the Vietnam Beverage Association (VBA) as saying that in 2015 Vietnam’s beer output reached 3.4 billion liters, an increase of 40.72% compared with 2010 and alcohol output (industrial production) of 70 million liters. (more…)
At the presentation for investors Christopher Warmoth, Senior Vice President of Carlsberg Geroup, told about the company’s performance in Asia in 2015. (more…)
In contrast to China, where the beer market continues to fall, the brewing industry in Vietnam shows excellent results. Based on the results of 2015, the volume of beer production has increased by 7.2% to 33.84 million hectolitres. In 2014 this figure was 31.58 million hectolitres. (more…)
The warming in the provinces of Nghe An and Ha Tinh has caused an increase in demand and prices of beer. The retailers managed to sell existing stocks of beer during the three-day celebration of the Tet (New Year). (more…)
The Ministry of Industry and Trade of Vietnam released a report on the state of industrial production of beer, wine and soft drinks. According to the information received, in January 2016, the company Habeco produced 35.1 million litres of beer, while Sabeco – 138.5 million litres. (more…)
Masan Group Corporation yesterday reported a revenue of VND30.6 trillion (US$1.37 billion) in 2015, as an increase of 90 per cent over the previous year, in HCM City. (more…)
Craft Beer in Saigon
“Are you looking for something lighter or darker?” asks a twenty-something Vietnamese man from behind the bar. His name is “H” (like the letter, he tells me) and by the looks of him, H enjoys his beer. He doesn’t have the traditional slender frame of his countrymen, but carries a slight paunch that’s become increasingly prevalent as Western indulgences, such as craft beer, make their way into Vietnam. (more…)
A resolution on the prohibition of the consumption of beer, wine and other alcoholic beverages at state establishments of the region before and after Lunar New year has been issued in the Vietnamese province of Kon Tum. (more…)
Within the framework of the previously signed agreement, on January 28 Singha Asia Holding transferred $650 million of investment for purchasing shares of Masan Group. Of this, $600 million were transferred to pay 14.3% of the shares of Masan Consumer Holdings (MCH), and the remaining $50 million were for payment of 33% of the shares of Masan Brewery. (more…)
US private equity firm KKR has announced its full exit from Vietnamese portfolio investee Masan Group, in which it invested $359 million in two rounds. (more…)
