A glimpse of the Hanoi – Nghe Tinh Brewery’s current capacity of 50 million liters per year.
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The Hanoi – Nghe Tinh Joint Stock Company recently reported on its investment plans to increase the capacity of the Hanoi – Nghe Tinh Brewery from 50 million liters per year to an impressive 100 million liters annually.
Back in 2019, Hanoi – Nghe Tinh made the decision to invest in the construction of the Hanoi – Nghe Tinh Brewery, with an initial capacity of 50 million liters per year. This state-of-the-art facility is located in the Cong Khanh 2 Industrial Cluster, Dau Lieu Ward, Hong Linh Town, Ha Tinh Province. The brewery was strategically built with 100% imported equipment to ensure the highest quality for its signature “Bia Sao Vang” beer brand.
The 50-million-liter capacity project received the green light from the Ministry of Natural Resources and Environment in 2020, with the environmental impact assessment report being approved. The project was granted the environmental permit number 4 in January 2024.
Fast forward to June 2022, the brewery successfully completed its first phase of construction, achieving a capacity of 50 million liters per year. During the trial operation, while testing the project’s waste treatment systems and assessing the market demand for beer consumption, the Hanoi – Nghe Tinh Company made a bold decision. Based on the market analysis and the performance of Hanoi beer in particular, they resolved to double the brewery’s capacity to 100 million liters per year. This strategic move aims to address the supply and demand dynamics in the current landscape and propel the company towards its goal of expanding the market share of “Bia Sao Vang.” By increasing capacity, the company can better cater to local demand, reduce transportation and storage costs, maintain competitive pricing, and leverage its advantageous geographical location for efficient market coordination.
The expansion of the brewery will continue to utilize the existing production technology, with a focus on increasing the output of beer cans, bottles, and kegs. The total expected investment for this project is VND 1,511 billion. The first phase, with an investment of VND 1,230 billion, involved the construction and operation of the brewery at a capacity of 50 million liters per year, which was completed before December 31, 2021. The second phase, with an investment of VND 281 billion, will see the capacity doubled to 100 million liters per year, targeted to be operational before May 30, 2025. The total land area required for both phases is over 83.8 thousand square meters within the Cong Khanh 2 Industrial Cluster.
Layout of the brewery’s location within the industrial cluster
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The Hanoi – Nghe Tinh Company was established in May 2019, with its headquarters in To Dan Pho 8, Dau Lieu Ward, Hong Linh Town, Ha Tinh Province. The company specializes in beer and malt production, with an initial chartered capital of VND 100 billion. The Hanoi Beer Corporation holds a 51% stake, Mr. Pham Hoanh Son (Chairman of the Board of Directors and legal representative) holds 39%, Ms. Doan Thi Van Dung holds 5%, and Ms. Le Thi Thien Nga holds the remaining 5%. The company has since increased its capital to VND 420 billion.
The Hanoi Beer Corporation, founded in December 2018, is headquartered in Tan Binh District, Ho Chi Minh City, specializing in the sale of alcoholic and non-alcoholic beverages. Its initial chartered capital was VND 36 billion, with the founding shareholders being Ms. Nguyen Hong Hoa (40%), Mr. Nguyen Tien Dung (Chairman of the Board of Directors and legal representative, 25%), Mr. Nguyen Van Luan (15%), Mr. Pham Thanh Duc (5%), Ms. Nguyen Xuan Thuong (5%), Ms. Le Uyen Vy (5%), and Mr. Le Duc Tien (5%). In March 2019, the position of Chairman of the Board of Directors and legal representative was transferred to Mr. Pham Hoanh Son. Currently, the company is led by Mr. Son as Chairman of the Board and Mr. Nguyen Tien Ngoc as General Director and legal representative.
Mr. Son is also known for his leadership roles in various companies, including his position as Chairman and General Director of Hoanh Son Group Joint Stock Company (the investor of Cong Khanh 2 Industrial Cluster), Chairman of Cao Su Sao Vang Joint Stock Company (HOSE: SRC), Chairman of the Board of Directors of Petroleum Investment and Exploitation Port Phuoc An Joint Stock Company, Chairman and General Director of Vung Ang Investment and Development Joint Stock Company, Chairman and General Director of Sao Vang – Hoanh Son Limited Liability Company, and Chairman and General Director of Sao Vang – Hoanh Son Joint Stock Company.
| The Hanoi – Nghe Tinh Brewery’s products bear the brand name “Bia Sao Vang,” which is marketed and sold by the Joint Stock Company of Beer, Alcohol, and Beverage Group Sao Vang (Savabeco). Established in March 2023, Savabeco was initially named the Joint Stock Company of Beer Group Sao Vang, with its headquarters located right at the brewery. With an initial chartered capital of VND 100 billion, Hanoi – Nghe Tinh Company holds a 98% stake, Mr. Son (Chairman of the Board of Directors and legal representative) holds 1%, and Ms. Nguyen Thi Hang Nga holds the remaining 1%. Savabeco has since increased its charter capital to VND 900 billion. |
Thu Minh
