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How to Export Clothing from Vietnam: Ultimate Guide 2024
How to Import Clothing Materials to Vietnam: Ultimate Guide 2024
How to Manufacture Clothing in Vietnam: Ultimate Guide 2024
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How to Open a Bar in Vietnam 2024: Ultimate Guide
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How to Import Coffee to Vietnam: Ultimate Guide 2024
Vietnam’s Fabric Manufacturing Industry: Overview 2024
Vietnam’s Wood Manufacturing Industry: Overview 2024
Vietnam’s Yarn Manufacturing Industry: Overview 2024
Vietnam Garment Manufacturing: Industry Overview 2024
Vietnam Golf Industry: Overview 2024
Vietnam Wine Industry: Overview 2024
Vietnam Online Shopping: Industry Overview 2024
Vietnam’s Wind Power Industry: Overview 2024
Vietnam’s Coal Power Industry: Overview 2024
Vietnam’s Gas Power Industry: Overview 2024
Vietnam’s Solar Power Industry: Overview 2024
Vietnam’s Music Industry: Overview 2024
Vietnam’s Publishing Industry: Overview 2024
Vietnam’s Advertising industry: Overview 2024
Vietnam’s Agriculture Industry: Overview 2024
Construction Industry in Vietnam: Overview 2024
Vietnam’s Supplements Market: Overview 2024
Vietnam’s Auto-Insurance Industry: Overview 2024
Vietnam’s Life Insurance Industry: Overview 2024
Vietnam’s Health Insurance Industry: Overview 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…
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…
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…
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 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…
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.
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…
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…
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…
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
Heineken’s organic sales fell by 5.2 percent in the first nine months of the year, 2.6 percent of that fall attributed to the Vietnam and Nigerai markets, The Investor is reporting. According to the article, Heineken is saying that it is because of a broader economic slowdown, however, there have
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