Sabeco controls 40 percent share of a market, followed by Habeco with 20-percent share.

Vietnam’s young beer-drinking culture beckons foreign brands

Its revenue grew 10 percent to $1.2 billion in 2015

Output increased by 5.8 percent

The state-controlled company plans to sell a 40-60 percent stake

Beer is now subject to a luxury tax rate of 55 percent

The deal fell through after years of negotiation, local media reported

The government now owns a 89.6 percent stake in the country's largest brewer

Researchers have found that businesspeople and farmers are not drinking as much as many people think

Heritage Beverage has imported and distributed the increasingly popular beer since 1994

Japanese and US brewers hope to take over the market, which is poised to grow 40 percent over the next...

Some hotels nearby say their guests could not sleep at night because of the loud music and rowdy fights  

  It's a challenge, and a lure, to the big brewers: Top beers around the world and their share, in a...

State-owned cigarette maker Vinataba sold the 29 percent stake it held in Sapporo Vietnam for a reported $8.28...

Even very young people are increasingly getting into the habit.