habeco

Habeco reports losses for the first time in three years

May 06, 2023 | 09:00

Habeco has reported first quarter losses of VND3.7 billion ($158,000) due to policy shifts and a sharp increase in input costs.

Beverage makers contribute to a prosperous Vietnam

January 08, 2022 | 19:00

The beer, alcohol, and beverage sector globally has a long history dating back thousands of years, associated with culture and life, becoming an indispensable cultural feature of festivals as well as in family reunions and among friends.

Beer giants starting to feel brunt of COVID-19 pandemic

August 16, 2021 | 18:57

Beer companies in Asia and Vietnam once again wobble after more than a year of trying to maintain production, protect employment, and sustain the supply chain.

F&B groups hunker down during curbs

August 05, 2021 | 09:00

Expansion of home delivery and promotion programmes are opening up chances for food and beverage enterprises this year, but transportation disruption for the non-essential sector will continue to narrow the door.

Habeco reports decrease in revenue in second quarter

August 03, 2021 | 15:47

The brewer Habeco reported bleak business, with revenue dropping in the second quarter due to the fourth wave of the COVID-19 pandemic.

Beer battle ahead shakes up goals

May 04, 2021 | 11:40

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

December 14, 2020 | 10:00

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

May 06, 2020 | 10:00

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

May 03, 2020 | 20:52

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

February 19, 2020 | 16:34

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

November 10, 2019 | 11:13

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

February 12, 2019 | 17:43

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 1

December 03, 2018 | 17:28

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

June 12, 2018 | 23:46

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

May 23, 2018 | 15:00

The Vietnamese beer market is considered a promised land for brewers due to the massive consumption. However, it is a playground with strict competition.