Retail in Asia

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Carlsberg expects sales in Vietnam to surpass market growth

Danish beer company, Carlsberg, is forecasting that its volume growth in Vietnam will even surpass the beer industry’s expected market growth of 6 to 8 percent annually.

This has led the company to sign an agreement with Vietnamese brewer Hanoi Beer & Beverage Corporation (Habeco) in anticipation of the increased volume by raising its stake in the Vietnamese brewer from 16.07 percent to 30 percent.

(Source: DailyNews.vn)