The Sai Gon Beer, Alcohol and Beverage Corporation (Sabeco) has set a target of selling over 1.5 billion litres of products this year and contribute VND9.2 trillion (US$418 million) to the State budget, according to its chairman.
Local beer and beverage products will face fierce competition if the
country does away with the import tax for beer and beverage products
this year, which it must do in order to join the Trans Pacific
Partnership.