~ Le Viêt Nam, aujourd'hui. ~
The Vietnam News

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[Year 2001]
[Year 2002]

Foster's in Vietnam

Foster's has moved to increase its share of the Vietnam beer market by acquiring the assets of the Danang (Song Han) State Brewery for $8 million. Foster's said the acquisition of the brewery assets and Song Han brand licence would allow it to double the capacity of its existing Danang brewery to 450,000 hectolitres or six million cases.

"The asset purchase underlines Foster's confidence in the Vietnam market and puts us in an ideal position to grow our business in the second fastest growing economy in Asia," Foster's Brewing International managing director Rick Scully said. He said the company's aim was to be a major player in Vietnam.

The Mercury News - July 03, 2002.