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
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
Vietnam’s strict drink driving rules dampen brewers' spirits
An unprecedentedly strict campaign against driving under the influence (DUI) launched in 2020 has sent alcoholic drinks sales as well as brewers’ earnings in Vietnam plunging.
A year in review and 2024 forecasts - Mon, February 5, 2024 | 11:14 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
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 - Thu, November 2, 2023 | 10:45 am
Vietnam beer market falls 6% in Q2 due to economic slowdown: Carlsberg
The Vietnamese beer market declined 6% in the second quarter of this year due to the macroeconomic slowdown, but finished flat for the first half, said Carlsberg CEO Cees’t Hart.
Companies - Mon, August 21, 2023 | 7:00 am
Vietnam beer market worth $12 bln: Heineken
Vietnam’s beer market retail sales value reached EUR11 billion ($12.07 billion) in 2022, Heineken said in a recent review, adding that it held the leading market position in the country.
Companies - Mon, July 10, 2023 | 3:10 pm
Now’s not the time to hike special consumption tax on liquor: workshop
Vietnam should delay any hike in the special consumption tax (SCT) levied on the liquor industry amidst persistent negative impacts of the Covid-19 pandemic, experts and industry insiders say.
Industries - Tue, July 4, 2023 | 3:30 pm
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 - Sun, September 25, 2022 | 8:12 pm
- Editor’s Picks
-
LG’s chemicals arm records modest 2023 profits in Vietnam
-
Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
-
Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
-
AG&P LNG to start operating southern Vietnam LNG terminal in Sept
- Most Read
Vietnam Politburo has four new members
Politics - Update 1 day ago
Vietnam welcomes Chinese high-tech investments: PM
Industries - Update 3 day ago
Mekong Capital invests $5 mln in fertilizer company
Industries - Update 2 day ago
- Editor’s Picks
-
LG’s chemicals arm records modest 2023 profits in Vietnam
-
Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
-
Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
-
AG&P LNG to start operating southern Vietnam LNG terminal in Sept