VIETNAM: S&N gets brewery construction clearance - report

Most popular

Campari faces familiar troubles - analysis

Why 'disaster' is no hyperbole for French wine

How A-B InBev's Brito changed the drinks industry

Will 2020 see Campari Group back on the M&A hunt?

COVID prompts spirits RTD tsunami - comment


Scottish & Newcastle has been given full clearance to proceed with the construction of its first brewery in Vietnam, according to local reports.

The Saigon Times Daily said today (27 February) that the Long An People's Committee has issued an "investment certificate" allowing the formation of Kronenbourg Vietnam Ltd., a 50:50 joint venture between S&N and the state-owned wine and tobacco company Vinataba. The brewery, construction of which has begun this year, is located in the Long An province of the country, and will begin operating in 20 months time, the paper claimed.

S&N confirmed to just-drinks late last year that the joint venture has set aside US$75m for construction of the brewery. The UK company will be stumping up $19m of the investment.

Last year, SABMiller set up a joint venture with Vietnam's leading dairy group, Vinamilk. Meanwhile, Asia Pacific Breweries, Heineken's partner in Asia, controls five breweries in the country. Carlsberg holds around 10% of the beer market through its investments in two local brewers. In March, the Danish brewer bought a 10% stake in Habeco, Vietnam's second-largest brewer.

Local brewer Saigon Brewery remains the market leader in Vietnam, where beer consumption is growing at about 8% a year.

Related Content

Vietnam lines up final SABECO stake sale - report

Vietnam lines up final SABECO stake sale - report...

The battle for beer dominance in Vietnam - market data

The battle for beer dominance in Vietnam - market data...

Heineken hails Silver launch in Vietnam amid growing competition

Heineken hails Silver launch in Vietnam amid growing competition...

"Having a big uncle or auntie over your shoulder is priceless" - just-drinks speaks to Beavertown Br...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..

Forgot your password?