Vietnam green-lights Anheuser-Busch InBev-SAB Beer merger Anheuser-Busch InBev and SAB Beer announced their merger in Việt Nam on January 12 following the approval of the Ministry of Industry and Trade.

Sabeco to submit plan by Oct 20

The Ministry of Industry and Trade (MoIT) will submit its plan to offload part of the State’s capital in Sabeco to Deputy Prime Minister Vương Đình Huệ by October 20.

Belgium brewer to expand in Bình Dương

Belgium-based brewer Anheuser - Busch InBev (AB InBev) is considering investing nearly US$7 million to expand production at two breweries in Việt Nam.

State capital divestment from Sabeco and Habeco discussed

State capital at the two brewers, Sài Gòn Alcohol-Beer-Beverage JSC (Sabeco) and Hà Nội Alcohol-Beer-Beverage JSC (Habeco), may soon be transferred to the State Capital Investment Corporation (SCIC).

Filipino firm eyes Sabeco stake

San Miguel, the Philippines’ largest brewery corporation, is “evaluating and may bid” for Việt Nam’s Saigon Beer Alcohol Beverage Corporation (SABECO), company president Ramon Ang told Bloomberg reporters on March 31.

Local beer players face foreign firms The local beer market is set to face tough competition due to a rising number of foreign brewers moving into the market after Viet Nam joins the Trans-Pacific Partnership (TPP), experts said.

Beer makers keep barrels rolling Breweries are running at full throttle as the Vietnamese thirst continues to expand. Both domestic and foreign companies realise the potential for sales in a nation that has gained a reputation for beer drinking. All are raising production to handle the thirst.

Drinks firm to build VN brewery Viet Nam is quickly earning a reputation as a nation of beer lovers, with alcohol sales rising rapidly and local breweries flourishing.