Heineken profits slide as beer price hikes curb enthusiasm

Heineken profits slide as beer price hikes curb enthusiasm

Dutch brewer Heineken on Monday lowered its earnings outlook for the full year after price hikes to counter soaring costs battered beer sales, pushing down profits in the first half.
Special consumption tax needs supportive roadmap

Special consumption tax needs supportive roadmap

Experts and businesses have said that amid numerous woes and economic crises, raising the special consumption tax (SCT) is not suitable at this time.
Tiger Beer kicks off summer season promotion programme

Tiger Beer kicks off summer season promotion programme

To elevate consumers’ summer experience, Tiger proudly presents the promotional initiative Open Refreshment – Cheers with the Gold Can, with enticing prizes.
HEINEKEN Vietnam goes a little greener every day

HEINEKEN Vietnam goes a little greener every day

HEINEKEN Vietnam continues to grow sustainably and deliver on its commitment to “Brewing a Better Vietnam” through the company’s operations and community activities.
Heineken, Carlsberg join Russia business exodus

Heineken, Carlsberg join Russia business exodus

Beer makers Heineken and Carlsberg announced Monday that they would pull out of Russia, joining a foreign business exodus following Moscow's invasion of Ukraine.
Beer giants starting to feel brunt of COVID-19 pandemic

Beer giants starting to feel brunt of COVID-19 pandemic

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.
HEINEKEN and Top DJs present local consumers with exclusive “music in a can” experience

HEINEKEN and Top DJs present local consumers with exclusive “music in a can” experience

This May, HEINEKEN has collaborated with four EDM legends to launch limited edition HEINEKEN x Top DJ packs and a series of exciting consumer activities.
Competition heating up in alcoholic beverages sector

Competition heating up in alcoholic beverages sector

The beer, wine, and spirits sector has encountered mounting hardships in 2020 due to impacts of COVID-19 as well as from regulations which impose tougher sanctions on drink-drivers. Nguyen Van Viet, chairman of the Vietnam Beer-Alcohol-Beverage Association, elaborates on how businesses in the sector have adapted a multitude of innovative measures to counter headwinds.
HEINEKEN Vietnam supports central region in challenging times

HEINEKEN Vietnam supports central region in challenging times

HEINEKEN Vietnam, under the Bia Viet brand, made their first trip to offer donations to affected households in Trieu Phong district, Quang Tri province.    
HEINEKEN Vietnam hit with anti-competitive accusations

HEINEKEN Vietnam hit with anti-competitive accusations

As beer is one of the most-consumed alcoholic beverages in Vietnam, local and foreign beermakers and their distributors are fiercely competing to dominate the market.
New ventures more pronounced in first half

New ventures more pronounced in first half

COVID-19 and US-China trade tensions brought a new investment wave from abroad in the first half of the year.
New investment wave starts despite COVID-19

New investment wave starts despite COVID-19 1

The new wave of foreign investment triggered by COVID-19 and US-China trade tensions is becoming more visible as outstanding overseas ventures are expanded.
Revenues plummet amid global health emergency

Revenues plummet amid global health emergency

Unprecedented public health challenges have crimped a hefty sum of profits of both foreign-invested enterprises and domestic counterparts. 
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.
HEINEKEN comes to aid of vulnerable citizens with Red Cross commitment

HEINEKEN comes to aid of vulnerable citizens with Red Cross commitment

HEINEKEN last week announced the measures it has been taking since the beginning of the COVID-19 outbreak to support health and livelihood of employees and communities in which it operates.
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