Beer and malt production in Vietnam rose by 4.5 percent in September over August, according to Vietnam’s Industrial production Index. This was above the average growth in beverage production which was 1.5 percent month-on-month pulled down by non-alcoholic beverages and mineral water production which was down 3 percent over August.
Beer production is now up 6.7 percent year-on-year, a welcome sign for Vietnam’s beer industry which has been struggling since COVID on the back of a change in consumer behaviour, broader economic challenges that have reduced spending power, an increase in beer imports, and stronger enforcement of drink-driving laws.
For more information see: What’s Happened to Vietnam’s Beer Market? Unpacked 2024