Understanding beer in Vietnam - Pomegranate Asia

Carlsberg gets approval to increase Habeco stake

December 2012 – Carlsberg gets approval to increase Habeco stake Mid November, during an official state visit of the Danish Prime Minister to Hanoi, the Vietnamese trade and industry ministry informed the Danish government that Carlsberg could increase its stake in Habeco by 13% to 30%, according to the terms of the MoU signed in 2009. “We expect to […]

Heineken acquisition of APB

December 2012: Heineken acquisition of APB? Well, it appears to be almost complete. There remain fewer than 5% of shares that Heineken does not own directly and it is obliged to acquire these in due course. In fact, just yesterday (4 December) it made a mandatory unconditional cash offer for these remaining shares in APB. The […]

Vietnam Beer market potential is enormous yet why are there are so few successful players?

October 2012 – With 40% of the population less than 20 years old and one million people a year turning 18, there is a huge emerging & untapped market for new beer brands as these consumers reach the age of majority. Although the current market is already big, the Vietnam beer market potential is enormous. […]

The breweries in Vietnam – Focus on Sapporo

September 2012 – Sapporo Holdings Ltd. (http://www.sapporoholdings.jp/english/index.html), is a publicly listed Japanese company and Japan’s oldest and fourth-largest brewer. With the beer market in Japan shrinking, Sapporo (like its domestic counterparts) has a strategy to invest overseas. It has said that it will actively seek acquisition opportunities to enlarge its overseas business, which accounted for less […]

The breweries in Vietnam – Focus on SABMiller

September 2012 – SABMiller Vietnam SABMiller (http://www.sabmiller.com) probably needs no introductions for most of you but for the sake of protocol, here’s a bit of background. It is headquartered in London, United Kingdom and is listed on both the London and Johannesburg stock exchanges. It is the second largest brewing company in the world, after ABInbev. In […]

The breweries in Vietnam – Focus on San Miguel with a wee glimpse at Kirin

According to Wiki: “Established in 1890 as a brewery, San Miguel Corporation (SMC) is Southeast Asia’s largest publicly listed food, beverage and packaging company.” San Miguel Brewery Inc is its brewing division and entered Vietnam in 1994 as part of a JV.

The breweries in Vietnam – Focus on Carlsberg

Carlsberg entered Vietnam in 1993 through the formation of the South East Asia Brewery, a joint venture with Viet Ha Brewery, owned by the Hanoi People’s Committee. They have since increased their position in Vietnam through a series of JV’s and direct investments.

The breweries in Vietnam – Focus on APB

Asia Pacific Breweries (APB) is listed on the Singapore stock exchange and has operations in fifteen countries in the Asia Pacific region, viz., Cambodia, China, India, Indonesia, Laos, Malaysia, Mongolia, New Caledonia, New Zealand, Papua New Guinea, Singapore, Solomon Islands, Sri Lanka, Thailand & Vietnam.

The breweries in Vietnam – Focus on Habeco

Habeco, like Sabeco, is principally involved in the production of beer, beverages and spirits. It is also involved in the production of the associated packaging materials. Also like Sabeco, it is a subsidiary of the state run company VINABECO. However the two businesses behave as competitors in the marketplace.

Vietnam market background – a few stats

June 2012 – Vietnam is a pretty crowded place! It has a population of more than 91 million people with a growth rate just over 1% per annum and a projected official population of 100 million by 2025. Reporting their first half results for 2012, APB’s chief executive Roland Pirmez said that “The key drivers […]