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Habeco experiencing ups and downs to transform itself on the uptrend

Product diversification and distribution system expansion will be the main focus of Habeco in the near future, only when these matters are resolved, the company may have a chance to rise in the brewery industry.

Habeco lost market shares due to sluggish State capital divestment

The longer time the State capital divestment takes, the greater the risk of competition for Habeco is, especially when their business results are showing signs of deterioration, gradually being left behind by other competitors such as Sabeco and Heineken in the war of gaining market share.

Carlsberg takes its preemtive right to become Habeco’s largest stakeholder

The Danish brewery Carlsberg currently holds a 17.3 per cent stake in Habeco, one of Vietnam's biggest brewers based in Hanoi, and has a preemptive right to buy Habeco shares when the government divests its stake in the company.

Foreign brewers are heating up local alluring beer market

With the total consumption of about 3.78 billion liters of beer in 2016, Viet Nam is considered as "the next key battleground of foreign brewers”. The divestment at the State’s two largest domestic beer companies leaves “wide open” door for foreign rivals and that a Taiwan brewer plans to enter Viet Nam’s market heats up the competition.

State to divest capital from two largest domestic breweries

After the slow divestment process of Saigon Beer – Alcohol – Beverage Joint Stock Corporation (Sabeco) and Hanoi Beer, Alcohol and Beverage Joint Stock Corporation (Habeco) in the end of 2016, Ministry of Industry and Trade assured that the stake sales would be complete in this year.

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