Brewery companies have lowered profit targets due to a severe in sales consumption caused by COVID-19 and newly-applied strict penalties for inebriated drivers.
Tiger Beer of HEINEKEN Vietnam Brewery Co., Ltd officially opened its Tiger Street Football field on January 8 in Moc Hoa District in Long An Province.
San Miguel, the Philippines’ largest brewery corporation, is “evaluating and may bid” for Viet Nam’s Saigon Beer Alcohol Beverage Corporation (SABECO), company president Ramon Ang told Bloomberg reporters on March 31.
"Viet Nam is one of HEINEKEN’s top two markets globally,” Frans Eusman, president of HEINEKEN Asia Pacific, told a press conference held in HCM City on December 8 to celebrate the company’s 25th anniversary of doing business in Viet Nam.
Many Vietnamese companies are still ignoring sustainability performance including environmental, social and governance information, an important factor promoting their long-term growth, Deputy Prime Minister Vu Duc Dam told a recent Vietnam Corporate Sustainability Forum.
Beverage firm Tan Hiep Phat plans to sell a minority stake in a deal
that could increase the value of the company up to US$2 billion, the Wall Street Journal has reported.
Masan Consumer Holdings, an important unit of Masan Group Corporation
(MSN), opened a Masan Brewery HG beer factory worth VND1.6 trillion
(US$71 million) in Hau Giang on December 26.
Masan Group Corporation (MSN) yesterday announced the signing of a
partnership agreement with Thailand''s Singha Asia Holding Pte Ltd, in a
partnership worth as much as US$1.1 billion.
The Vietnam Brewery Limited has issued the first ever sustainability
report by a brewery in the country, and it focuses on the reasons to
protect the environment and social responsibility.
Breweries are running at full throttle as the Vietnamese thirst
continues to expand. Both domestic and foreign companies realise the
potential for sales in a nation that has gained a reputation for beer
drinking. All are raising production to handle the thirst.