VIETNAM: APB JV to build second brewery

By Sarah Diston | 22 June 2001

Asia Pacific Breweries (APB) Ltd is buying a stake of a joint venture with Ha Tay Breweries to resume a previously halted project to build a second brewery in Vietnam's Ha Tay province region. The Saigon Times newspaper reported that the project with Ha Tay Brewery and a local partner was previously put on hold following a regional financial crisis. It is believed that APB intends to buy the stake of the local partner to resume work on the project.

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Asia Pacific Breweries (APB) Ltd is buying a stake of a joint venture with Ha Tay Breweries to resume a previously halted project to build a second brewery in Vietnam's Ha Tay province region. The Saigon Times newspaper reported that the project with Ha Tay Brewery and a local partner was previously put on hold following a regional financial crisis. It is believed that APB intends to buy the stake of the local partner to resume work on the project.

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