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Danish brewer maintains Vietnam sales volume despite beer-market dip

The beer market in Vietnam remained difficult with an estimated “mid-single-digit” percentage decline in the first quarter of this year, but Danish brewer Carlsberg managed to maintain flat sales volume.

Companies - Sun, May 5, 2024 | 8:04 am

Brewer giant Habeco posts biggest quarterly loss in 4 years

Habeco, among the top four brewers in Vietnam by market share, suffered a net loss of VND21 billion ($828,570) in the first quarter of 2024, up nearly sixfold from the same period last year.

Companies - Wed, May 1, 2024 | 7:00 am

Heineken Vietnam’s Q1 revenue expands amid national market decline

The beer market in Vietnam declined by a mid-single-digit in the first quarter of this year, but Heineken’s net revenue (per before exceptional items and amortization-beia formula) was up in the mid-teens, the Dutch brewer said Wednesday.

Companies - Thu, April 25, 2024 | 8:18 am

Bitter taste to linger for Vietnam beer makers

Several beer makers in Vietnam including giants Sabeco and Habeco posted a sharp year-on-year decrease in revenue and/or profit in Q4/2023 and for the whole year.

Companies - Mon, February 19, 2024 | 7:51 pm

Heineken’s operating profit in Vietnam drops 32% in 2023

Heineken’s operating profit (per before exceptional items and amortization-beia formula) in Vietnam dropped 32% year-on-year last year, according to the Dutch brewer’s 2023 performance review.

Companies - Mon, February 19, 2024 | 10:59 am

Heineken plans 50% production expansion in Danang

Dutch brewer Heineken plans to complete a project to expand its Danang brewery’s annual capacity from 330 million liters to 500 million liters, or 51% increase, this year.

Industries - Sat, February 17, 2024 | 4:52 pm

Carlsberg remains 4th biggest beer seller in Vietnam with 8% market share

Carlsberg remained the fourth largest beer seller in Vietnam with 8% of the market share by September 2023, according to Carlsberg’s 2023 performance review.

Companies - Fri, February 16, 2024 | 11:10 am

Tet cheer muted as Hanoi restaurants, pubs see few customers

The usual festive cheer has been markedly absent at Hanoi’s restaurant chains and pubs in the run up to the Lunar New Year holiday (Tet), usually the peak time for business during the whole year.

Economy - Sun, February 4, 2024 | 8:07 am

Carlsberg biggest foreign contributor to Thua Thien-Hue province budget

Carlsberg Vietnam Breweries Ltd. paid VND3.5 trillion ($143.5 million) to Thua Thien-Hue province in 2023, making it the biggest contributor in the foreign-invested sector to the provincial budget.

Companies - Fri, February 2, 2024 | 3:31 pm

How leading Vietnam brewer Habeco has 'surfed rough waves'

Facing continuous difficulties in terms of policies, consumer markets and input materials, Habeco – a 60-year-old Vietnamese beer brand - has applied innovative solutions over the years to enhance its products, sales channels and inventory management in order to survive.

Companies - Fri, December 29, 2023 | 4:06 pm