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#brewer

Every story tagged #brewer on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

9 stories in this topic

sabeco viet
Food
1 min read

Brewer Sabeco profits up 75% in 9 months

Vietnam’s biggest brewer Sabeco gained after-tax profits exceeding VND4.42 trillion ($1=VND24,800) in the first nine months of 2022, a year-on-year surge of 75%. Sabeco’s revenues surpassed VND25.1 trillion, up 44% on-year, according to its latest financial…

The Shout leading photo
Food
3 min read

Moon Dog Brewing launches Cocktail Spritz

From the team that continues to surprise and delight Australians with their famously flavourful beers, Moon Dog Brewing is entering the ready-to-drink cocktail market and launching Moon Dog Cooler in early 2022. Since launching Moon Dog back in 2010, the…

sabeco
Food
1 min read

Brewer Sabeco profits fall to lowest level since Thai acquisition

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…

Coopers Australian IPA scaled
Food
1 min read

James Reyne sings praises of new Coopers Australian IPA

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…

sabeco
Food
1 min read

Brewer Sabeco sees profits plummet

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…

sabeco viet
Food
1 min read

Government to sell its shares in Vietnam’s largest brewer

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…

sabeco 1
Food
1 min read

Vietnam brewer Sabeco lifts foreign ownership cap

Vietnam’s largest brewer Sabeco says it has removed its foreign ownership limit, in a statement on its website Monday. The company, known for its Bia Saigon and 333 brand, said that its board of directors had issued a resolution on Oct. 30 that approves…

sabeco
Food
3 min read

Big changes brewing at Vietnam’s top beer maker

Under a proposal seeking shareholder approval at the firm’s annual meeting on July 21, Mr. Koh Poh Tiong has been reappointed as chairman. The 72-year-old, who is a director of Fraser & Neave and chairman of ThaiBev and F & N Beer Group, is also on the boards…

Heineken
Food
2 min read

Heineken expands production, buys into local top brewer in Vietnam

The beer maker is aggressively pouring money into Vietnam, one of the biggest markets in Asia-Pacific. As Heineken considers Vietnam a vital driver for its business growth in Asia-Pacific, the Dutch beverage giant is trying to grasp more market share.…