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Saigon Beer brewer sees revenue surge by a third
Saigon Beer brewer Sabeco saw revenue jump 33% from 2021 to VND35.24 trillion ($1.5 billion) last year as consumption bounced back after two years of Covid-19.
Men and their worsening drinking habits
Tran Van Minh of HCMC says he has "a knack for drinking" and feels "uneasy" if he does not drink for two or three days.
Liquor industry wants tax increase delayed
Liquor companies want the proposed increase in special consumption tax put off until they recover from the effects of the Covid-19 pandemic.
May 6, 2022 | 11:01 pm PT
Thai Bev seeks up to $1 bln in Singapore IPO of beer unit: sources
Singapore-listed Thai Beverage TBEV.SI is looking to raise as much as $1 billion through the revived Singapore initial public offering (IPO) of its regional beer business this year, two sources familiar with the matter said on Thursday.
May 5, 2022 | 01:28 am PT
Brewer Sabeco sees profit rising 25 pct
Saigon Beer brewer Sabeco saw its post-tax profit rising 25 percent year-on-year to VND1.2 trillion ($52.27 million) in Q1 thanks to the resumption of tourism and services.
April 28, 2022 | 01:30 am PT
Heineken sells more beer than expected as Europe reopens
Heineken NV achieved a sharper than expected rise in first-quarter beer sales as European bars reopened, allowing the company to stick to its 2022 forecast despite added uncertainty from the conflict in Ukraine.
April 19, 2022 | 11:26 pm PT
Too often, too much: wives on problems of living with alcoholic husbands
Nguyen Thi Hoa of Hanoi's Bac Tu Liem District has to ride her motorbike to a beer place her husband frequents to pick him up in an inebriated state.
April 4, 2022 | 06:32 pm PT
Carlsberg, Heineken to leave Russia
Danish brewer Carlsberg announced Monday it would pull out entirely from Russia over the country's attack of Ukraine following a similar announcement from Dutch rival Heineken.
March 28, 2022 | 04:27 am PT
Brewer Sabeco profits fall to lowest level since Thai acquisition
Vietnam’s largest brewer Sabeco said after-tax profit fell by over VND1 trillion (US$443 million) last year to VND3.93 trillion, the lowest since it was acquired by a Thai billionaire.
January 26, 2022 | 09:47 pm PT
HCMC restaurants allowed alcohol sale
Food and beverage establishments in HCMC can stay open another hour late and those in low and medium-risk areas can serve alcoholic drinks.
November 17, 2021 | 08:44 pm PT
Brewer Sabeco sees profit plummet amid lockdown
Vietnam’s largest brewer, Sabeco, said post-tax profits plunged 68 percent year-on-year in the third quarter to VND471 billion ($20.7 million) due to Covid-19 restrictions.
October 28, 2021 | 09:16 pm PT
Heineken sales lower than expected after Vietnam lockdown
Heineken reported a steeper than expected decline in Q3 beer sales on Wednesday after Covid-19 restrictions cut volumes in Vietnam, one of its top three markets, by more than half.
October 27, 2021 | 09:26 pm PT
HCMC authority suggests on-site dining without air conditioning, alcohol
The Food Safety Management Authority of HCMC has proposed for food and beverage establishments to offer on-site services without air conditioning in closed spaces, beer or alcohol.
October 25, 2021 | 01:35 am PT
Heineken staff try to scuttle competition with threats
Some Heineken employees have been caught demanding that beer distributors not sell competitors' products, although the company says this is not its policy.
April 19, 2021 | 12:29 am PT
Beer companies enjoy recovery
Better second quarter figures could indicate that the most challenging period for beer makers this year could have ended, a report says.
August 31, 2020 | 06:33 pm PT
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