Vietnamese are among the biggest beer drinkers in Southeast Asia. In fact, by consumption, international beverage and hospitality firm, Kirin Holdings, found that Vietnam had the seventh highest beer consumption in the world after Germany but, notably, before the United Kingdom which was in position eight.

How to Open a Bar in Vietnam 2025: Ultimate Guide

the-shiv January 2, 2025

Opening a bar in Vietnam for foreign firms or individuals can be tricky. Not only are there a number of technical and licensing requirements that need to be met, but Vietnam has also developed its own very distinct drinking culture which can make penetrating Vietnam’s booming consumer class challenging. This article runs through key details foreign investors should be aware of.

How to Brew Beer in Vietnam: Ultimate Guide 2025

the-shiv January 2, 2025

Vietnam, known for its vibrant beer culture, offers a unique environment for brewing beer. With its rapidly expanding market and growing appreciation for craft and premium brews, the country has become a prime location for both large-scale breweries and small craft beer enthusiasts to thrive. Understanding the nuances of brewing beer in Vietnam, however, including the country’s unique business environment and business practices can be key to ensuring a high-quality product is produced in a timely and effective way.

Vietnam’s beer and malt production sees slight decline in November

the-shiv December 18, 2024

In November, the beer and malt production sector grew by 3.29 percent compared to the same month in 2023. However, over the first 11 months of 2024, the IPI for the sector contracted by 1.51 percent compared to the same period in the previous year, suggesting mixed performance trends.

Vietnam’s beer and malt production rises in October but faces annual decline

the-shiv November 14, 2024

However, the year-over-year data paints a different picture. While production grew by 2.8 percent in October 2024 compared to October 2023, the cumulative figures from January to October 2024 show a 2.1 percent decline from the same period last year. This indicates that, despite recent gains, the sector has struggled with consistent growth over the year, possibly due to shifts in consumer preferences, rising production costs, and fluctuating demand…

Vietnam’s wine market set to expand by US$382.2 million amid shifting middle-class tastes: Report

the-shiv November 10, 2024

As the market expands, industry players are focusing on targeted marketing, e-commerce, and on-premise experiences to capture this younger demographic’s interest. With this demand trajectory, Vietnam is poised to emerge as a significant player in Asia’s wine market, positioning itself as a promising destination for global wine brands and investors alike.

Vietnam GDP could take .3 percent hit if special consumption tax on alcohol raised

the-shiv October 16, 2024

The article goes on to canvas the opinions of a range of industry groups but there does not appear to have be any analysis of the cost savings from a reduction in alcohol related illnesses and road deaths and property damage caused by drunk drivers nor how the funds collected might be redistributed…

Vietnam Wine Industry: Overview 2024

the-shiv October 15, 2024

Vietnam’s wine industry has steadily grown, driven by an expanding middle class and a rising interest in wine culture. While traditionally dominated by beer and spirits, wine is becoming increasingly popular, particularly in urban areas. The domestic wine industry is centred around the Central Highlands, with Dalat being the hub of local production. Brands like Ladora Winery and Vang Dalat are well-known, offering affordable and accessible options to Vietnamese consumers…

Beer production in Vietnam climbs 4.5 percent in September over August

the-shiv October 12, 2024

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…

Beer production in Vietnam falls .1 percent in August over July

the-shiv September 18, 2024

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…

Saigon Beer Alcohol Beverage Corporation: Vietnam Stock Overview

Huong Nguyen September 13, 2024

Notably, Sabeco is looking to acquire a majority stake in Saigon Binh Tay Beer Corporation, commonly known as Sabibeco Group, which produces beer under the Sagota brand. If Sabeco succeeds in taking control of Sabibeco, it would overtake Heineken as the largest beer producer in Vietnam…

Liquor Licences in Vietnam 2024

the-shiv September 11, 2024

In Vietnam, liquor licences are mandatory for businesses involved in the production, distribution, retail, or import/export of alcoholic beverages. The licensing process is regulated by the Ministry of Industry and Trade (MOIT) and other relevant authorities depending on the type and scale of the business. Vietnam has specific regulations for different types of alcoholic products, such as beer, wine, and spirits. Obtaining a liquor licence is essential for legal compliance and ensures that businesses adhere to safety, taxation, and distribution laws.

Vietnam’s Saigon Beer maker planning increased stake in local beer brand Sagota

the-shiv September 7, 2024

Vietnam’s beer market has reported some challenges over the last couple of years from stricter enforcement of drink driving laws, to belt-tightening among consumers on the back of broader economic challenges, to greater competition and an increase in imported beers. As a result, a number of beer makers in Vietnam have recorded negative or slower than expected growth. In this context, this announcement could be the beginning of an era of consolidation within the industry…

Vietnam considers rolling back drink-driving penalties

the-shiv August 3, 2024

It is not clear what has driven the MPS to suggest these changes, however, it should be noted that the alcoholic beverage industry has repeatedly complained that enforcement of Vietnam’s strict drink driving laws has impacted sales significantly. In fact, Heineken cited the laws as one reason why it had to close a production facility in Vietnam’s Quang Nam province earlier this year.

World Bank recommends Vietnam raise alcohol excise tax to 155 percent

the-shiv August 2, 2024

The World Bank reportedly does not believe the current tax increase slated for beer and wine in Vietnam are sufficient–The Ministry of Finance has a plan on the table to increase the SCT to 90 percent for beer and between 60 to 100 percent for wine and liquor. This would be an increase from 65 percent on beer and between 35 and 65 percent for wine and hard liquor depending on the alcohol content…

Vietnam’s beer market to nearly double by 2032: Astute Analytica

the-shiv July 18, 2024

These estimates come just weeks after the closure of the Heineken plant in Quang Nam, in central Vietnam which was big news with the provincial government set to lose out on VND 500 billion–or about US$19.8 million–in tax revenue each year. That is not to mention that a number of jobs will also likely be lost…

What’s Happened to Vietnam’s Beer Market? Unpacked 2024

Mark Barnes July 10, 2024

The closure of the Heineken plant in Quang Nam, in central Vietnam, announced a week or two ago, has been big news. This is off the back of slow growth in beer sales post-pandemic and in line with falling revenues among a number of Vietnam’s major beer brewers. This has been blamed on broader economic challenges and harsher drink driving penalties, however, it is all a little more nuanced than that…

Heineken to halt making beer at central Vietnam factory on declining sales

the-shiv June 25, 2024

This is on the back of declining sales that the firm is attributing to broader economic challenges but also Decree 100 which reduced the allowed blood alcohol content when driving in Vietnam to zero. Decree 100 has repeatedly fallen into the cross-hairs of local alcohol producers, distributors, and retailers in Vietnam over the last year or so…

Vietnam ministry proposes 100 percent special consumption tax on alcohol

the-shiv June 14, 2024

Of note, major beer makers in Vietnam, including the makers of the popular Beer Saigon and Beer Hanoi brands reported falling profits in 2023. A crackdown on drink-driving has partially been blamed alongside the pending increase in taxes on alcoholic beverages–though nothing has been confirmed and its not clear how a future tax increase might have influenced last years sales.

Vietnam beer makers report fall in profits on DUI crackdown, alcohol tax

the-shiv February 20, 2024

Major beer makers in Vietnam including the makers of the popular Beer Saigon and Beer Hanoi brands have reported falling profits in 2023, The Investor is reporting. The publication goes on to say this is due to a crackdown on drink-driving and a ‘pending alcohol tax’. On the latter, it’s