Vietnam: Scottish & Newcastle and Vietnam Tobacco to build a brewery
A joint venture between Scottish & Newcastle Plc and Vietnam National Tobacco Corp. was licensed on Feb. 8 to construct a brewery with an annual capacity of 100 million litres in southern Long An province, Asia Pulse reported February 9.
The Kronenbourg Vietnam Co. Ltd. has a total investment capital of US$75 million equally contributed by the two partners and an operation period of 50 years.
Located in Duc Loc commune, Duc Hoa district, the brewery is scheduled to become operational after 18 months of construction.
10 February, 2007