Carlsberg Vietnam

Carlsberg was one of the first Danish multi-national companies to enter Vietnam and made its first investment in 1993. For the first 20 years, Carlsberg managed its Vietnamese operations through Carlsberg Indochina. In 2012 a fully dedicated Carlsberg Vietnam organization was established.
 

Operations in Vietnam

Carlsberg Vietnam comprises two entities including trading and production companies:
Carlsberg entered Vietnam in 1993 through the joint venture South East Asia Brewery and currently owns 100% of this company. In 1994, Carlsberg acquired 50% of the Hue Brewery Limited (HBL), the market leader in Central Vietnam. Hue Brewery Limited became a wholly owned subsidiary of Carlsberg when the company acquired the remaining 50% in 2011. In 2008, Carlsberg acquired a minority share in Ha Long Brewery in North West Vietnam and currently owns 31% of this company. That same year, the company created a joint venture with HABECO, the leading brewing group in North Vietnam, in the form of Hanoi Vung Tau Brewery Joint Stock Company. In 2009, Carlsberg became a strategic investor in HABECO, acquired 17% stake in this government owned entity. In 2014, Hanoi Vung Tau joint venture has been converted into fully owned subsidiary of Carlsberg Vietnam.