Vietnam to produce 4 billion litre of beer in 2017Vietnamese beverage producers plan to produce about 4 billion litres of beer in 2017, up by 10 per cent from 2016, according to the Vietnam Beer Alcohol Beverage (VBA). Beer production and consumption in Viet Nam had risen drastically in recent years. In 2016, domestic production has already reached nearly 3.8 billion litres of beer, about 85.6 per cent of the predetermined goal. The Saigon Alcohol Beer and Beverages Corporation (Sabeco) produces the most beer in Viet Nam, with a total of 1.6 billion litres of various beers in 2016. Prediction for beer production growth in the next 5 years is around 4 to 5 per cent per annum with the higher value as high-end products have become more appreciated in the market.

Source: VietNamNet News February 03, 2017 07:31 UTC