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Vietnam’s largest brewer Sabeco said after-tax profit fell by over VND1 trillion (US$443 million) last year to VND3.93 trillion, the lowest since it was acquired by a Thai billionaire. Its revenues were VND26.37 trillion, a decline of 6 percent. Thaibev owned…
Today, global beer brand Corona is proud to announce the worldwide launch of Corona Sunbrew 0.0%. This innovative, first-of-its-kind, non-alcoholic beer contains 30 percent of the daily value of vitamin D per 330 mL serving in Canada. As the newest member of…
Premium Japanese beer label Yebisu Premium Beer has been launched in Australia, through Coopers Brewery. Coopers will be the exclusive distributor of Yebisu under its partnership with Sapporo. The beer is now available in packs of four 350ml cans from First…
Asahi Beverages is announcing that Peter Filipovic will be retiring as CEO of Carlton & United Breweries (CUB), our Australian alcohol business division. Mr Filipovic will shortly achieve 25 years of service with the business, and following the successful…
New Zealand’s alcohol beverage giant Lion has introduced the first alcohol-free beer range under the Speight’s brand called Speight’s Summit Zero lager. Speight’s new beer range is also Lion’s second alcohol-free beer. The launch of the range resulted from…
Craft beer retailer, Beer Cartel, is gearing up for an initial public offering in Australia, allowing customers to own a stake in the business. The alcohol delivery business aims to raise $1.5 million through equity crowdfunding with Birchal to fund its…
Although incomes have fallen because of the pandemic, a survey has found living standard improvements with Vietnamese people consuming less rice but more beer and meat. The GSO estimates per capita monthly income fell 2 percent from the previous year to…
Australian independent brewery, Coopers, reports the sales of its stout are the best in around 70 years. Despite a pandemic-led drop in keg sales, figures released by the brewery show it sold 3.7 million liters of its Best Extra Stout last year, an increase…
The chief of the company that produces Hanoi Beer, Habeco, expects sales to be hit badly by Covid-19 this year and profits to plummet to a decade low. The brewery targets post-tax profits of VND255 billion ($11 million), down 64 percent from last year. Its…
Brewer Coopers has rolled out a limited release Australian IPA in kegs and 375ml can format, backed by a marketing campaign fronted by legendary Australian singer James Reyne. Coopers Australian IPA is made with local hops with citrus notes such as mandarin…
Police in Ba Ria-Vung Tau Province are investigating a copyright infringement involving Saigon Beer by a former employee of its brewer, Sabeco. They found over 9,000 boxes of the Saigon Vietnam Beer with the brand name and packaging similar to that of the…
Better second-quarter figures could indicate that the most challenging period for beer makers this year could have ended, a report says. Vietnam’s biggest brewer Sabeco saw a year-on-year revenue fall of 21 percent in the second quarter, smaller than the 47…
Vietnam’s largest brewer Sabeco saw its H1 post-tax profit fall 31 percent year-on-year to VND1.93 trillion ($83 million) over Covid-19 pandemic impacts. Revenues fell 35 percent to VND12 trillion ($518 million), 89 percent of it from beer, and the rest from…
DFS Group, the world’s leading luxury travel retailer, has partnered with leading Okinawan brewery Orion for the first time to offer customers a chance to receive a limited edition beer. Available exclusively at T Galleria by DFS, Okinawa from July 23 to…
The government plans to sell its 36 percent stake in the country’s largest brewer, Sabeco, this year. The Saigon Beer Alcohol Beverage Corp (Sabeco) is one of 139 enterprises in a new list in which the government’s stakes will be sold by sovereign fund State…
Post-tax profits surged 22 percent year-on-year for Vietnam’s largest brewer Sabeco, reaching VND5.37 trillion ($231.96 million), its highest annual profit ever. The brewer’s 2019 revenues increased 5 percent year-on-year to VND37.9 trillion ($1.64 billion),…
