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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan beverage firm Suntory posts organic Jan-Sep revenue of $727 mln in Vietnam
Japan-based multinational brewing and distilling firm Suntory recorded organic revenue of JPY107.8 billion ($727.4 million) in the first three quarters of this year, according to the firm’s report for the period in Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Weak macroeconomy hits Carlsberg volume sales in Vietnam: CFO
A weak macroeconomy and consequentially more price-sensitive consumers have driven down Carlsberg’s volume sales in Vietnam in the third quarter of 2023, said CFO Ulrica Fearn.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Heineken sells less beer in Jan-Sep, Vietnam major factor in fall
Dutch beer maker Heineken recorded a 5.2% fall in organic sales volume in the first nine months of this year, with Vietnam and Nigeria accounting for 2.6 percentage points of the fall, said CFO Harold van den Broek.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Heineken opens Southeast Asia’s biggest brewery in southern Vietnam
Heineken Vietnam inaugurated an expanded brewery in Ba Ria-Vung Tau province Saturday, saying it was the the biggest in Southeast Asia and used 100% renewable energy.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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