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
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, Dec 22, 2021 | 11:30 am GMT+7
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
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
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
Brewer Habeco reports loss for first time in 3 years
Leading Vietnamese brewer Habeco reported a loss of VND3.7 billion ($157,700) in the first quarter of this year, while Sabeco, owned by Bangkok-based ThaiBev, posted an after-tax profit of over VND1 trillion ($42.79 million), down 19% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Brewer Habeco sees 2022 profit surge 63%
Leading Vietnamese brewer Habeco has reported after-tax profit of VND527 billion ($22.47 million) for 2022, up 63% year-on-year and equal to 138% of its target.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Brewer Habeco predicts lower profit in 2022
Leading Vietnamese brewer Habeco has revised down its after-tax profit forecast for the third year in a row, to VND221 billion ($9.7 million).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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