The Vietnamese beer market is becoming a game for great foreigners, with many Vietnamese brands wiped out or struggling to stay afloat.
As many as 550 businesses will showcase their 3,000 latest products at the Vietfood & Beverage and Professional Packing Machines 2018 (Vietfood & Beverage – ProPack 2018), slated for November 7-10 in Hanoi.
US-based ForbesBooks published the book “Competing with Giants: How One Family-Owned Company Took on the Multinationals and Won” by Vietnamese businesswoman Tran Uyen Phuong in New York on August 30 (local time).
More than 80% of the market share for bottled tea, an industry valued at US$1.7 billion, belongs to three big players.
Vietnam remains one of the few beer markets in the world which is still maintaining high growth. However, not all breweries have succeeded in the market.
The first phase of the Number one Chu Lai beverage factory invested by the Tan Hiep Phat Group came into operation in the central province of Quang Nam on March 24.
VOV.VN - A recently released study by the Vietnam Industry Research and Consultant (VIRAC) shows that beer production and consumption in Vietnam for 2014 reached an all-time record high of 3.1 billion litres with revenue of US$4.56 billion.
According to the Wall Street Journal, Tan Hiep Phat Beverage Group, one of the largest drink firms in Vietnam, is seeking foreign investors, through selling a minority stake. According to a close source, if the deal is completed, Tan Hiep Phat can be valued up to US$2 billion.
(VOV) -The beverage industry in Vietnam is growing with its annual output of more than 2 billion litres.