Beer and malt production in Vietnam fell by .1 percent in August over July, according to Vietnam’s Industrial production Index. This is in contrast to beverage production overall which saw a 2.1 percent increase month-on-month buoyed by non-alcoholic beverages and mineral water, production off which was up by 5.5 percent over July.
That said, beer production year-on-year actually saw a slight increase of .2 percent. Though small, this will likely be a welcome sign for beer makers after July recorded a year-on-year decline in production of 5.4 percent.
Of note, Vietnam’s beer industry 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
