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Vietnam volume slip disappoints Heineken 24 Apr 2014

Heineken's CFO has admitted being disappointed at the group's first-quarter performance in one of its key markets, Vietnam, but said the company is still stealing marketshare in the country.

Comment - Diageo goes Native in Vietnam 27 Jan 2011

Diageo's decision to partner with Vietnam's local spirits hero, Hanoi Liquor Joint Stock Co, looks like a shrewd move, even if the financial benefits start at a trickle.

Latest News

Vietnam soda tax proposals "discriminatory" 7 Jul 2014

A proposed “bubble tax” on carbonated sodas in Vietnam is unfair as it will fall “almost exclusively” on US soft drink brands, a US trade body has argued.

Sabeco opens new US$21m Vietnam brewery 22 Oct 2013

Saigon Beer Alcohol Beverage Corporation (Sabeco) has unveiled a new US$21m brewery in Vietnam's Ninh Thuan region, its 22nd plant in the country, according to local reports.

A-B InBev plans Vietnam brewery build 26 Apr 2013

Anheuser-Busch InBev is planning to build a brewery in Vietnam to capitalise on the country's fast-expanding beer market.

Heineken, SABMiller silent on Sabeco rumours 23 Nov 2012

Heineken and SABMiller have declined to comment on reports that they are separately considering taking a stake in state-owned Saigon Beer Alcohol Beverage Corporation (Sabeco) in Vietnam.

Coca-Cola silent on Tan Hiep Phat Beverage tie-up 6 Nov 2012

The Coca-Cola Co has declined to comment on a report that it is among “several” international drinks firms interested in a JV with Vietnam's Tan Hiep Phat Beverage Group.

Coca-Cola Co to pump US$300m into Vietnam 26 Oct 2012

The Coca-Cola Co has lined up a further US$300m to spend in Vietnam in the next three years.

PepsiCo sells 51% of Vietnam unit to Suntory 23 Oct 2012

PepsiCo is to sell 51% of its Vietnam beverage business to Suntory, the US soft drinks company announced today (23 October).

Diageo ups stake in Vietnam's Halico to 45% 15 Jun 2012

Diageo is set to increase its stake in Vietnam's Hanoi Liqour Joint Stock Co to 45.52% after completing a public offer.

Carlsberg acquires rest of Hue Brewery 28 Oct 2011

Carlsberg has acquired the remaining 50% of Hue Brewery that it did not already own, the Denmark-based brewer has said.

Diageo raises stake in Hanoi Liquor Joint Stock Co 24 Aug 2011

Diageo has agreed deals to raise its stake in Vietnam's Hanoi Liquor Joint Stock Co to 30%, as part of its strategy to expand in fast-growing spirits markets.