Vietnam`s beer consumption in the first seven months surged 8.7 per cent against the same period last year to about 1.7 billion litres, according to the General Statistics Office. The office said that the beer production was one of few industrial sectors whose Index of Industrial Production grew this year. During January-July, Vietnamese beer producers [...]
Around 1.5 billion litres of beer was consumed in the first seven months of 2011, up 8.7% against one year earlier, the Tuoi Tre Online reported, citing data of the General Statistical Office (GSO). In July alone, 279.1 million litres of beer was consumed, increasing 14% year-on-year. This is one of few industrial sectors that [...]
Local beer businesses have built more beer breweries and begun importing foreign beer brands to meet high consumption demand, industry experts say. During the first four months of the year, local beer businesses produced 714.6 million litres of beer of various kinds, a surge of 9.2 per cent over the same period last year, according [...]
Vietnam Opportunity Fund managed by VinaCapital Thursday cut a deal to pay US$7.5 million for a 20 percent stake of Ninh Thuan Province’s bird’s nest beverage maker Yen Viet Joint Stock Company. Yen Viet will spend $7 million to upgrade its factory and the remaining amount to develop its brand. For its part, VinaCapital will [...]
Increasing numbers of Vietnamese businesses will open franchises of popular international brands as the country opens up its market further following its accession to the World Trade Organization four years ago, a senior official said yesterday. Addressing a seminar entitled Top Franchise Asia 2011-Viet Nam Edition, Le Quoc Trung, deputy director of the Ministry of [...]
Vietnam is Heineken’s third-largest market after the US and France. People are getting wasted all over Vietnam. Or so one must assume based on the latest numbers pertaining to beer consumption and imports in the country. People in Vietnam are drinking billions of liters of beer every year. New breweries are being set up, existing [...]
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