5 months SMB plans new $70-M brewery in Vietnam MB |Biz
By James A. Loyola San Miguel Brewery Inc. is looking at the possibility of acquiring existing breweries or putting up a bigger brewery in Vietnam to boost its existing capacity in the country which has a per capita beer consumption that is more than double that of the Philippines. Ramon S. Ang In an interview after the firm’s annual stockholders’ meeting, SMBI Chairman Ramon S. Ang said that, “if we are putting up a new plant, it will have a capacity of at least 2 million hectoliters with an investment of about $70 million.” Ang said SMBI already has a ... more