Vietnam’s largest brewer Saigon Beer, Alcohol and Beverage Corp (Sabeco) is contemplating a listing on the Ho Chi Minh City Stock Exchange, where the country’s largest blue chips are currently listed, the local industry ministry said, in a document. (more…)
Sapporo Vietnam introduced a new product, “Blue Cup”, the first brand by the company exclusively for Vietnam consumers.
“Blue Cup” is the second product after Sapporo Premium Beer, imported to Vietnam market.”Blue Cup” is packed into 330 ml can, which stands out on shelves for its light blue colors and blue lid. (more…)
Recently uncovered bad management practices at Saigon Beer, Alcohol and Beverage JSC (Sabeco) and Hanoi Beer, Alcohol and Beverage JSC (Habeco), the two largest beer companies in Vietnam in terms of market share, show that the longer they delay becoming public companies, the more they will lag behind competitors. (more…)
VietNamNet Bridge – The Ministry of Industry and Trade approved the appointment of Mr. Le Hong Xanh, 59, as chief executive officer (CEO) of the Saigon Beverage Corporation (Sabeco) as of August 4, replacing Mr. Vo Thanh Ha. (more…)
The Vietnam Brewery Limited Company (VBL) officially changed its name to Heineken Vietnam Brewery Limited Company (Heineken Vietnam Brewery) and released a new logo on August 1. (more…)
The world’s leading brewers all operate in Vietnam, competing with Vietnamese manufacturers to grab market share. (more…)
Japanese brewer Sapporo Holdings is launching a cheaper beer brand later this month, marking its expansion from the high-end segment of the Vietnamese beer market. (more…)
VietNamNet Bridge – Officials of the Ministry of Industry and Trade (MOIT) have said that the State will either own less than 50% of charter capital or withdraw all capital from two giant beverage corporations Sabeco and Habeco. (more…)
The published report on the industry and trade in Vietnam discusses moderating growth rate of beer production during in the first five months of 2016. (more…)
The tax rise from 1 January, 2016 affected the Vietnamese brewers’ financial position. Yet, this doesn’t seem to be the end of their problems. In April 2016, new Decree issued by the Ministry of Finance, was published. This law changes the tax basis of VAT and SCT.