Domestic beer consumption in the second half of the year is expected to improve over the first six months, while next year the beer industry can grow by 20% compared to the low base this year.
Sabeco, the biggest Vietnamese brewer, has fallen into Thai hands, while Carlsberg is stepping up the process to become a controlling stakeholder in Habeco.
Vietnam ranked top in the Southeast Asia and third in Asia in terms of beer volume consumed in 2017, only behind Japan and China, proving to be a promising land for both local and foreign brewers, Zing News reported.
Danish brewer Carlsberg says it has the highest hopes and expectations for the Vietnamese brewing industry and is eager to expand our long-term investment in the country.
Vietnam is the holy grail for global beer companies, with the market continuing to grow while many others have flatlined, but the competition is fierce.
Global consumption has not increased in a decade, but Vietnamese are having a beer blast.