Vietnam. 3 billion-liter beer market attracts more foreign breweries

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A series of new beer brands have appeared in the domestic market recently. Many brewery groups are planning to jump into Vietnam’s promising market with 3 billion liters of beer consumed every year.

A report from Kantar Worldpanel Vietnam, a market survey firm, showed that an annual two-digit growth rate has been maintained in the Vietnamese market for many years, which is much higher than the six percent growth rate of the fast moving consumer goods (FMCG) market. (more…)

Vietnam. Who is the most profitable beer maker?

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VietNamNet Bridge – Sabeco and Habeco, the two largest Vietnamese breweries, made VND5.3 trillion in pretax profit in 2014. However, the figure was still far below that earned by VBL, the distributor of Heineken, Tiger and Biere-Larue. (more…)

Vietnam. Local beer players face foreign firms

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Sabeco is the biggest Vietnamese beer maker, with a 46-per-cent market share. The Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) accounts for 17.3 per cent of the market.

The local beer market is set to face tough competition due to a rising number of foreign brewers moving into the market after Viet Nam joins the Trans-Pacific Partnership (TPP), experts said. (more…)