Heineken Beer Volume Beats Estimates on Asia, Americas
Heineken NV reported beer shipments that rose at more than double the rate analysts expected thanks to growth across Asia and Latin America, sending the shares up as much as 4.6 percent. (more…)
Thai moguls chase deals in Vietnam as ‘buy-Thai’ market booms
Through supermarkets, malls, dairy and beer, Thai tycoons are pursuing deals in Vietnam that could break mergers and acquisitions records in the upwardly mobile market of 90 million people, at the expense of their Asian rivals. (more…)
Carlsberg forays into high-end segment of Vietnam’s beer market with Tuborg
Carlsberg Vietnam expects to overtake its rivals in the domestic high-end beer segment by officially introducing its premium international brand, Tuborg to Vietnam.
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On The Frontier Of Beer In Vietnam
Folks in Vietnam sure do like a cold one. Since gaining broad popular appreciation in the 1990s, beer sales have soared and the country has become one of the largest per capita consumers in the region. (more…)
Vietnam. Beer market is not as attractive as wine and soft drinks sector’s
Vietnam beverage industry exisited for a long time but has been developing fast over more than a decade now, underpinned by: (more…)
Vietnam. Habeco finding it increasingly difficult to compete for the national beer market
60% of total sales in Vietnam accounts for inexpensive beer. Two corporations have divided this key segment of the market for a long time. Habeco (Hanoi Beer-Alcohol-Beverage) controls the North of Vietnam and Sabeco (Saigon Beer-Alcohol-Beverage) controls the South. (more…)
Carlsberg brings international brand to Viet Nam
Carlsberg Vietnam officially introduced Tuborg, its premium international beer, to Viet Nam on Friday. Tuborg is the number one brand of beer by volume in the Carlsberg Group portfolio, and is sold in more than 70 countries and continues to grow globally, particularly in Asia. (more…)
Vietnam. The changes of the tax base will result in increase of retail prices
While Law on Special Consumption Tax (SCT) and the Regulation on increase in the excise tax prepare for consideration at the meeting of the National Assembly 13, the brewers are actively seeking to postpone the entry into force of these two documents. (more…)
Vietnam’s brewers say new luxury tax rules hurting beer market
Many brewers in Vietnam, one of the largest beer markets in Asia, are calling for the government to rethink its new luxury tax policy, saying higher taxes will push prices up and hurt sales.
According to local media reports, the companies said at a meeting on Wednesday that they are very concerned about their business. (more…)
Vietnam. New taxes farce Sabeco to raise beer prices
The Ministry of Finance of Vietnam has issued two new laws that regulate the calculation and payment of special consumption tax. The tax came into force from the beginning of 2016. (more…)