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Update news vn beverage market
Vietnam’s beer market would have great changes in 2020 as the country has always been a potential market for domestic and foreign beer enterprises.
ThaiBev affirms that Vietnam “continues to be one of ThaiBev’s core markets."
The rate of alcohol use in Vietnam is at an alarming level with the average Vietnamese consuming approximately 6.6 litres of alcoholic drinks on an annual basis, according to Deputy Minister of Health Nguyen Truong Son.
The Ha Noi Beer-Alcohol-Beverage JSC (Habeco) has forecast its post-tax profit will fall 36 per cent year-on-year to VND310 billion (US$13.3 million) in 2019, the lowest in 10 years.
VietNamNet Bridge - Both domestic and foreign brands of food and beverages in Vietnam have already or are preparing to launch new plants in Vietnam through direct investment or joint ventures.