Hanoi Beer, Alcohol and Beverage Corp. (Habeco) has completed the second stage of a contract which is set to raise its beer capacity in Vietnam, according to local press.

As reported by Thai News Service, a contract of engineering, procurement and construction, worth VND660bn (US$41.25m), was signed by Habeco today (26 November) in an effort to lift its capacity from 160m to 200m litres per year.

Habeco has secured the arrangement with Germany's Krones AG and Lilama Hanoi, the news wire added.

As part of the deal, Krones will reportedly supply building equipment, while Lilama Hanoi will oversee the construction work worth VND172 bn over the 15 months.