Beer battle ahead shakes up goals

Beer battle ahead shakes up goals

The country’s biggest brewers, SABECO and HABECO, have been quizzed over their ambitious profit targets and possible solutions at their annual general shareholders’ meetings as tough competition and beer consumption figures stand in their way.
Habeco displaying resilience in 2020

Habeco displaying resilience in 2020

After being honoured within the Vietnam Value Programme for the fifth consecutive time, Hanoi Beer, Alcohol, and Beverage JSC has undergone an in-depth review process based on the programme’s rigorous criteria to represent not only its corporate image but also the country with high-quality products and services, both in domestic and international markets.
Drinks groups facing double 2020 sales hit

Drinks groups facing double 2020 sales hit

After gaining sweet fruits for years, giant beer and beverage companies in Vietnam are facing losses due to not only the ongoing health crisis, but also tightened drink-driving penalties. The question remains unknown as to how they get back on a level pegging.
Habeco sustains losses in first quarter from Decree 100 and COVID-19

Habeco sustains losses in first quarter from Decree 100 and COVID-19

Another major brewer in Vietnam, Habeco has reported dark business in the first quarter due to the double impacts of Decree 100 and the COVID-19 outbreak.
$1.17 billion of Sabeco capitalisation evaporates

$1.17 billion of Sabeco capitalisation evaporates

Sabeco stocks have dropped to the lowest level since it came into the hands of ThaiBev, with its capitalisation shedding $1.17 billion since the Lunar New Year.
Brewer Habeco reports falling net profit in third quarter

Brewer Habeco reports falling net profit in third quarter

Despite tripling expenses on advertisement and promotion programmes in the third quarter, Habeco still reported a decrease in net profit.
Habeco reports lowest profit in four years

Habeco reports lowest profit in four years

Habeco recorded another decline in profit in its financial report in the fourth quarter of 2018, going against the current of general growth in the market.
Vietnamese beer market: foreign giants in control

Vietnamese beer market: foreign giants in control 1

The Vietnamese beer market is becoming a game for great foreigners, with many Vietnamese brands wiped out or struggling to stay afloat.
Market share of Habeco slips without brake

Market share of Habeco slips without brake

Delaying the divestment of the state’s stake in Habeco will worsen the corporation’s business results, reducing the company's market share.
Heavy competition behind the allure: Vietnam’s beer market

Heavy competition behind the allure: Vietnam’s beer market

The Vietnamese beer market is considered a promised land for brewers due to the massive consumption. However, it is a playground with strict competition.
Habeco requested to pay $81mil in tax liabilities

Habeco requested to pay $81mil in tax liabilities

The State Audit of Vietnam (SAV) has proposed the Hanoi Beer Alcohol and Beverage JSC (Habeco) pay the State budget 1.85 trillion VND (81 million USD) in tax liabilities.
Is Diageo interested in gobbling up Halico?

Is Diageo interested in gobbling up Halico?

As Halico is flooded by losses, the company's shares will likely fall, giving an opportunity to Diageo to acquire the remaining stakes, if it still wants to.
Domestic brewers expand operations to fight back foreign competitors

Domestic brewers expand operations to fight back foreign competitors

As foreign brewers remain firm in their ambitions to expand in the local beer market, domestic enterprises are also implementing plans to gain market share.
Foreign investors eager to acquire Habeco

Foreign investors eager to acquire Habeco

Along with Carlsberg, numerous foreign investors are looking to acquire a stake in Habeco in order to increase their market shares.
Habeco set to say cheers to Carlsberg

Habeco set to say cheers to Carlsberg

Hanoi brewery Habeco and Denmark-backed brewery Carlsberg are in negotiations for a higher-level strategic cooperation deal.
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