Heineken Vietnam to start $540 mln factory expansion soon
Heineken Vietnam Brewery Limited Company (Heineken Vietnam) plans to start construction of a $540-million factory expansion project in Ba Ria-Vung Tau province late this year to increase annual output by 500 million liters.
500 million liters a year is more than twice the annual output of the Heineken factory in Quang Nam province at 220 million liters. Earlier this week, Heineken Vietnam announced it had suspended operations at the Quang Nam factory from June 12 due to multiple challenges in the local market.
Heineken factory in Ba Ria-Vung Tau province, southern Vietnam. Photo courtesy of Heineken.
Regarding the expansion in Ba Ria-Vung Tau province, Heineken received the investment certificate in June 2023.
According to the brewer’s latest updates, the firm aims to complete administrative procedures in June-October 2024, start construction of offices and other facilities in November 2024-January 2025, and install production lines in February-March 2025.
The brewer targets to run trial production in April-July 2025, trial implementation of environmental protection activities in July-September 2025, then official operation from October 2025.
Heineken’s Ba Ria-Vung Tau factory covers 41.4 hectares in My Xuan A Industrial Park, and the expansion is set to take place within the factory, having no impacts on nearby facilities in the industrial park.
With the latest enlargement, the plant can reach an annual capacity of 1,600 million liters (16 million hectoliters). The figure was 110 million liters in 2018, then scaled up to 610 million liters in 2019 and 1,100 million liters in 2022.
The latest figure includes 1,525 million liters of beer, 25 million liters of fermented fruit juice, and 50 million liters of malt drink.
- Related News
- Read More
Phat Dat Real Estate shares hit ceiling after tie-up with Lotte on mega project in HCMC
Shares of Phat Dat Real Estate Development Corporation (HoSE: PDR) rose to the daily limit on Tuesday after the company announced a cooperation agreement with Lotte Properties HCM to pursue the VND50 trillion ($1.9 billion) Thu Thiem Eco Smart City project in Ho Chi Minh City.
Companies - Tue, May 26, 2026 | 2:03 pm GMT+7
VinFast appoints son of billionaire Pham Nhat Vuong as chairman
Pham Nhat Quan Anh, the son of billionaire Pham Nhat Vuong, officially assumed the role of VinFast chairman from last Saturday.
Companies - Tue, May 26, 2026 | 12:13 pm GMT+7
VinEnergo Holding launched with over $3 bln capital, signaling possible new energy investment alliance
Vietnamese billionaire Pham Nhat Vuong has established VinEnergo Holding with charter capital of over VND79.76 trillion ($3.03 billion), in a move that could signal the emergence of a new capital alliance in Vietnam’s rapidly expanding energy sector.
Companies - Tue, May 26, 2026 | 11:33 am GMT+7
Hai Phong Thermal Power CEO arrested over alleged document forgery
Hai Phong Thermal Power JSC said its CEO, Duong Son Ba, has been arrested by the Ministry of Public Security's investigative agency for alleged forgery of documents belonging to organizations.
Companies - Tue, May 26, 2026 | 8:00 am GMT+7
Sun PhuQuoc Airways launches Singapore route, connecting two of Asia's 'paradise' islands
Sun PhuQuoc Airways has officially announced the launch of its scheduled flights from Vietnam's largest island Phu Quoc to Singapore.
Travel - Mon, May 25, 2026 | 5:32 pm GMT+7
Profit of Samsung’s 4 major Vietnam plants doubles in Q1, led by Thai Nguyen province site
Four major Vietnam-based subsidiaries of Samsung Electronics reported combined net profits of $1.29 billion in the first quarter of this year, more than double from a year earlier, according to the group’s Q1 consolidated financial statements.
Companies - Mon, May 25, 2026 | 4:48 pm GMT+7
Seta - A “silken thread” weaving contemporary Cantonese cuisine into the soul of Phu Quoc
The union of refined aesthetics and contemporary Cantonese gastronomy, brought to life by chef Victor Ho, is turning Seta at La Festa Phu Quoc, Curio Collection by Hilton into one of Phu Quoc Island’s most coveted fine-dining destinations - a place every discerning gourmand should experience at least once in a lifetime.
Travel - Mon, May 25, 2026 | 4:27 pm GMT+7
FDI shifts 'taste', land banks lose edge as southern Vietnam's industrial property market gets more mature
Southern Vietnam’s industrial real estate market is entering a more mature phase as foreign direct investment (FDI) pivots toward high-tech and green industries, putting greater emphasis on logistics infrastructure, operational capacity and ESG standards over land availability.
Industrial real estate - Mon, May 25, 2026 | 2:35 pm GMT+7
Phu My Investment raises capital for mega seaport project in central Vietnam to over $311 mln
Phu My Investment Group has increased investment capital for the first phase of the Phu My Port project in Gia Lai province by more than VND2.1 trillion ($79.66 million), lifting total investment to over VND8.2 trillion dong ($311 million) as the company moves to expand technical infrastructure and port handling capacity.
Infrastructure - Mon, May 25, 2026 | 2:16 pm GMT+7
Vingroup launches gold-to-property program with buyback option
Vingroup, its housing arm Vinhomes, and several jewelry companies plan to roll out a program allowing customers to convert their idle gold holdings into cash for home purchases, while also offering an option to convert the property value back into gold later.
Real Estate - Mon, May 25, 2026 | 1:05 pm GMT+7
Japan retailer Aeon plans shopping mall project in central Vietnam
Hanoi-based CMH Vietnam Group JSC (CMH Group) and AeonMall Vietnam Co., Ltd. have proposed conducting research for the development of an international shopping mall in the central province of Nghe An.
Industries - Mon, May 25, 2026 | 11:07 am GMT+7
Why PV Power has no plans to IPO subsidiaries
PV Power said it has no plans to launch initial public offerings (IPOs) for key subsidiaries or reduce ownership below 51%, as the company prioritizes long-term cash flow preservation and financial capacity ahead of a new LNG investment cycle.
Companies - Mon, May 25, 2026 | 9:13 am GMT+7
Vietnamese listed firms stay cautious on 2026 profit outlook despite strong Q1
Vietnamese listed companies are entering 2026 with robust Q1 earnings growth, yet most are setting markedly more cautious full-year business targets as concerns over capital costs, uneven demand recovery, and widening sector divergence weigh on corporate sentiment.
Companies - Mon, May 25, 2026 | 8:00 am GMT+7
Mobile World's electronics retailer wins approval for $545 mln IPO
Dien May Xanh, the electronics retail chain of Mobile World Group (HoSE: MWG), has received approval from the State Securities Commission of Vietnam (SSC) for its highly anticipated IPO, positioning it to become the country's largest market debut in five years.
Companies - Sun, May 24, 2026 | 10:33 pm GMT+7
Stricter penalties needed to prevent counterfeit textbooks in Vietnam
Stricter penalties and stronger enforcement measures are needed to curb the growing circulation of counterfeit textbooks in Vietnam, as fake and illegally printed books continue to spread widely across retail stores, e-commerce platforms, and social media channels, posing risks to educational quality and consumer rights.
Companies - Sun, May 24, 2026 | 2:05 pm GMT+7
Non-life insurer PVI, chamber of commerce VCCI partner to enhance business competitiveness
PVI Insurance, a leading non-life insurer in Vietnam, and the Vietnam Chamber of Commerce and Industry (VCCI) have signed a cooperation agreement to establish their comprehensive partnership for 2026-2027.
Companies - Sun, May 24, 2026 | 1:56 pm GMT+7
