Once the go-to place for beer lovers, beer bars and restaurants are now dilapidated and ruined because they were not able to withstand the impact of the Covid-19 pandemic.
The financial comparison site Finder has published a list of 10 cities in the world where travelers can enjoy the most affordable glasses of beer, including HCM City, Vietnam’s largest metropolis.
The Ha Nhi, an ethnic minority group in Bat Xat, in the northern mountainous province of Lao Cai, has a traditional beer that has existed for hundreds of years, but few people have had a chance to enjoy it.
The dual pressures from COVID-19 and Decree 100 force beer manufacturers to cut 30-70 per cent of their target profits this year.
Nine industries could be negatively affected in the short term by the fallout of the coronavirus epidemic, according to SSI Securities Corp.
Restaurants are reporting a sharp fall in the number of customers after a few days the new fines on drink driving took effect.
Heineken was a direct competitor of Thaibev for the acquisition of Sabeco in late 2017. However, Thaibev won the race by spending US$4.89 billion for a nearly 54% stake of Sabeco.
Despite tripling expenses on advertisement and promotion programmes in the third quarter, Habeco still reported a decrease in net profit.