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Hanoi Beer producer profits to slump to 10-year low

Hanoi Beer producer profits to slump to 10-year low

The producer of Hanoi Beer expects sales to be badly hit by the Covid-19 pandemic this year and profits to fall to a 10-year low as a result.
Beer companies enjoy recovery

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
Brewers eye plummeting profits as coronavirus hurts sales

Brewers eye plummeting profits as coronavirus hurts sales

Vietnam breweries have slashed their profit targets by up to half this year due to coronavirus impacts and a swelling clampdown on drunk driving.
June 25, 2020 | 07:25 pm PT
Coronavirus, drunk driving fines hurt Vietnam brewers

Coronavirus, drunk driving fines hurt Vietnam brewers

The heavier fines imposed on drunk driving and the coronavirus outbreak are threatening the sales of Vietnam’s top brewers Sabeco and Habeco.
February 20, 2020 | 04:39 pm PT
Leading brewer reports another year of falling profits

Leading brewer reports another year of falling profits

Habeco’s profits fell by 23 percent last year to VND667 billion ($28.71 million), the fourth straight year of decline.
February 10, 2019 | 07:43 pm PT
No cheers from World Cup for Vietnam’s top local brewers

No cheers from World Cup for Vietnam’s top local brewers

Sabeco and Habeco, Vietnam’s two largest brewers, reported dismal results in H1 despite some highly favorable factors.
August 10, 2018 | 12:10 am PT
Beer brands pour big bucks into ads as Vietnam bucks global trend

Beer brands pour big bucks into ads as Vietnam bucks global trend

Global consumption has not increased in a decade, but Vietnamese are having a beer blast.
June 2, 2018 | 12:01 am PT
Vietnam plans minor stake sale in country's third largest beer firm

Vietnam plans minor stake sale in country's third largest beer firm

The government is negotiating the deal with Carlsberg, but wants to retain a majority stake to hold veto power.
February 1, 2018 | 02:14 am PT
Carlsberg moves closer to Habeco deal in Vietnam

Carlsberg moves closer to Habeco deal in Vietnam

The Danish brewer is now a step towards its priority purchase rights with the Vietnamese goverment. 
December 13, 2017 | 07:02 pm PT
Vietnam finance ministry unit pushes for change in brewers' privatization

Vietnam finance ministry unit pushes for change in brewers' privatization

Sales prospectuses must be published by September 30.
September 27, 2017 | 06:50 pm PT
Carlsberg eyes at least 51 pct stake in Vietnam's Habeco: report

Carlsberg eyes at least 51 pct stake in Vietnam's Habeco: report

The government wants to fully divest its majority stake in Habeco as also in rival Sabeco.
September 8, 2017 | 05:19 pm PT
Australian brewer looking to tap into Vietnam’s top beer firms

Australian brewer looking to tap into Vietnam’s top beer firms

Vietnam’s seemingly unquenchable thirst for the 'amber nectar' has got the Aussie giant after a taste.
July 24, 2017 | 07:33 pm PT
Vietnam’s top brewer Sabeco posts record profit in 2016

Vietnam’s top brewer Sabeco posts record profit in 2016

Together Sabeco and Habeco, both controlled by the state, account for about 60 percent of the domestic market.
February 3, 2017 | 11:05 pm PT
Beer-thirsty Vietnamese force supermarkets to ration sales before Lunar New Year

Beer-thirsty Vietnamese force supermarkets to ration sales before Lunar New Year

Panic-buying has ensued with prices expected to rise ahead of Tet.
January 13, 2017 | 05:58 am PT
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