VIETNAM: APB brewery in US$39m investment

By | 19 June 2006

Vietnam Brewery Ltd (VBL) has invested around EUR31m (US$39m) in a modernisation programme, according to local reports.

VBL, a venture between Sai Gon Trading Corporation and Singapore's Asia Pacific Breweries, started the extension project in 2004 as a move to boost capacity by around a third, said reports in Vietnam today (19 June).

The brewer, based in the city of Ho Chi Minh, produces a stable of brands including Tiger and Heineken. APB set up the brewery in 1991 to become its first majority-owned brewery in Vietnam.

Sectors: Beer & cider

Companies: Heineken

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VIETNAM: APB brewery in US$39m investment

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