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Update news Vietnam Beer Alcohol Beverage Association
Brewery companies have lowered their profit targets due to a severe drop in sales consumption caused by COVID-19 and strict new penalties for drink drivers.
The high consumption of beer in Viet Nam has previously attracted brewers to cash in. But now, the Vietnam Beer Alcohol Beverage Association (VBA) is asking the Government for help.
Beer is often a best seller during the Lunar New Year (Tet) festival but many retailers have been forced to lower their prices to encourage customers to buy.