Brewer giant Habeco posts biggest quarterly loss in 4 years

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s strict drink driving rules dampen brewers' spirits

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, Dec 22, 2021 | 11:30 am GMT+7

Carlsberg biggest foreign contributor to Thua Thien-Hue province budget

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

Weak macroeconomy hits Carlsberg volume sales in Vietnam: CFO

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

Vietnam beer market falls 6% in Q2 due to economic slowdown: Carlsberg

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, Dec 22, 2021 | 11:30 am GMT+7

Vietnam beer market worth $12 bln: Heineken

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, Dec 22, 2021 | 11:30 am GMT+7

Now’s not the time to hike special consumption tax on liquor: workshop

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Heineken opens Southeast Asia’s biggest brewery in southern Vietnam

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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