Hanoi Beer Alcohol and Beverage

What Hanoi Beer Alcohol and Beverage does

HABECO (Hanoi Beer Alcohol and Beverage Joint Stock Corporation, ticker BHN) is a Vietnamese state-originated brewer and beverage producer with roots dating to 1890 and approximately 135 years of brand history. The corporation operates one of the two largest brewing platforms in Vietnam, with combined installed capacity of approximately 400 million liters/year (total output reached 456 million liters/year by 2012) across the Mê Linh facility (200 million liters/year, completed 2010) and the Hoàng Hoa Thám facility (completed 2017), supported by a 60,000 cans/hour canning line. The portfolio spans mass-market draft beer (Bia Hơi Hà Nội), the flagship Bia Hà Nội brand (70% of production volume), premium tiers (Hanoi Premium, Hanoi BOLD, Hanoi Light, Trúc Bạch), the super-premium Trúc Bạch IPA Craft Beer (6.5% ABV), and bottled water (UniAqua) sourced from underground springs at the headquarters site with UV sterilization.

The business model is a manufacturer-wholesaler hybrid: HABECO produces branded beer and beverages at owned facilities, then distributes through nine regional subsidiary companies covering Northern and Central Vietnam, supplemented by modern trade, HORECA, traditional retail, and a direct e-commerce storefront (muabianhanh.com), with export channels into Taiwan, South Korea, Australia, UK, France, and Germany. Customer segments are predominantly Vietnamese mass-market consumers and HORECA buyers, with a secondary push into premium young professionals via Hanoi Premium, Hanoi BOLD, and Hanoi Light. Revenue is not publicly disclosed; pricing is not transparently published. The company is publicly listed (BHN) following 2008 equitization from a state-owned enterprise, with state ownership still present in the shareholder structure.

HABECO's go-to-market is multi-channel and asset-heavy: production is centralized at owned factories, distribution is decentralized across a nine-subsidiary regional network, and brand-building is anchored to heritage storytelling (135 years, National Brand, six consecutive years of recognition) and cultural-event activations (Hanoi Premium Rising Star Fest 2026 touring six provinces, Bia Hơi Hà Nội cultural series in five provinces). Technology centers on long fermentation, noble hop varieties (Saaz from Czech Republic), premium imported malts, and UV water purification rather than software or data-driven capabilities.

Name

Hanoi Beer Alcohol and Beverage

Legal name

Tổng công ty Cổ phần Bia - Rượu - Nước giải khát Hà Nội

Website

https://habeco.com.vn

Company type

Public

Founded year

1958

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

HABECO is a Vietnamese publicly listed brewer (BHN) operating one of Vietnam's two largest beer production platforms (~400 million liters/year capacity), producing the flagship Bia Hà Nội brand plus premium and craft variants, distributing across all 63 provinces of Vietnam and exporting to six international markets.

Ownership category

akta.pro rank

Product category

Beer Manufacturing

NAICS

Breweries (31212), Beverage Manufacturing (3121), Beer and Ale Merchant Wholesalers (424810)

SIC

Malt Beverages (2082), Beverages (2080)

akta.pro primary industry

Sake, Soju & Other Asian Alcoholic Beverages Producers & Brands (CRADAIAF)

akta.pro secondary industry

Alcoholic Beverage Brand Owners & Holding Companies (Multi-category Portfolios) (CRADAIAL)

Keywords

• Beer manufacturing
• Craft beer production
• Premium lager brewing
• Bottled water
• Beverage distribution

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Beer Sales: HABECO generates primary revenue from manufacturing and selling beer products under multiple brands including Bia Hà Nội, Hanoi Premium, Hanoi BOLD, Hanoi Light, Bia Hơi Hà Nội, and Trúc Bạch. Products are sold through distribution networks across Vietnam and export markets.
2. Bottled Water Sales: UniAqua bottled water products are sold in 350ml and 500ml bottles, packaged in 24-bottle cartons, providing an additional revenue stream from non-alcoholic beverages.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

HABECO manufactures and sells a diversified portfolio of beer and non-alcoholic beverages in Vietnam and select export markets. Core offerings include mass-market Bia Hà Nội (Bottle, Can, Sleek can), traditional Bia Hơi Hà Nội draft, premium brands (Hanoi Premium, Bia Trúc Bạch, Bia Hanoi BOLD, Bia Hanoi Light, Bia Hà Nội 1890, Bia Hà Nội nhãn xanh), the Trúc Bạch IPA Craft Beer, and UniAqua bottled drinking water. Products reach consumers through regional subsidiaries, modern trade, HORECA, traditional retail, e-commerce, and international export channels.

Product overview

HABECO (Tổng công ty Cổ phần Bia - Rượu - Nước giải khát Hà Nội) is a Vietnamese state-owned beer and beverage company offering a diversified portfolio of alcoholic and non-alcoholic beverages. The core products include Bia Hà Nội (Hanoi Beer) in various formats (bottle, can, draft), while the premium lineup features Hanoi Premium, Bia Hanoi BOLD, Bia Hanoi Light, and Bia Trúc Bạch. The company has recently expanded into craft beer with Trúc Bạch IPA Craft Beer. Additionally, HABECO produces UniAqua bottled water. The products span multiple segments from mass-market (Bia Hơi Hà Nội) to super-premium (Trúc Bạch IPA), with regional variants like Bia Hà Nội nhãn xanh for Central Vietnam.

Differentiator

Problem solved

Functional benefit

Brands

• Bia Hà Nội: Core beer brand of HABECO, representing over 135 years of brewing heritage. Available in multiple formats including bottle (450ml), can (330ml), and sleek can versions. Represents 70% of HABECO's total production volume.
• Hanoi Premium
• Bia Hơi Hà Nội
• Bia Trúc Bạch
• Hanoi BOLD
• Hanoi Light
• Bia Hà Nội 1890
• Bia Hà Nội nhãn xanh
• Trúc Bạch IPA Craft Beer
• UniAqua

Quantifiable outcome

• Bia chai Hà Nội maintains 70% of HABECO's total production volume
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Công ty cổ phần Bia Hà Nội - Nghệ AncoreChannel Partner/ Reseller/ Distributor · 11 August 2023Regional subsidiary company of HABECO, producing and distributing beer products in Nghệ An province and surrounding Central Vietnam region. Participated in community initiatives including building 'Đại đoàn kết' houses for disadvantaged families.

Scale indicators6 records

Recent moves14 records

Expansion highlights8 records

Direct peers

• Tiger Beer (Asia Pacific Breweries): Tiger Beer is one of the most recognized Asian beer brands globally, originally from Singapore and now part of the Heineken group. Comparable to HABECO as a heritage Asian beer brand with strong export presence in markets where HABECO also distributes (UK, Australia, etc.).
• Saigon Beer Alcohol Beverage Corporation (Sabeco): Sabeco is the other dominant Vietnamese brewer and HABECO's primary competitor, holding the leading position in Southern Vietnam. Both companies share the same domestic duopoly structure, multi-brand mass-market to premium portfolio strategy, and publicly listed status on the Vietnamese stock exchange.
• Carlsberg Vietnam: Carlsberg operates a brewery in Vietnam and competes in the same domestic beer market with global brand backing. Comparable to HABECO as a multi-brand brewer serving both premium (Carlsberg) and mainstream (Huda) consumer segments in Vietnam.
• Heineken Vietnam Brewery: Heineken Vietnam is the third major brewer in Vietnam and operates the Tiger and Heineken brands through a long-standing JV with Sabeco, plus its own brands. It competes directly with HABECO in both mass-market (Tiger) and premium (Heineken) segments, leveraging deep global marketing and R&D resources.

Regional players

• Sapporo Holdings: Sapporo is a major Japanese brewer with heritage brand positioning and significant international distribution. Comparable to HABECO as a heritage Asian beer brand pursuing premium and craft segments alongside its traditional mass-market offering, with export markets in the West.
• San Miguel Corporation: San Miguel is the dominant Philippine brewer with a portfolio spanning beer, spirits, and packaged food, and exports across Southeast Asia. Comparable to HABECO as a regional Asian brewer with similar multi-format brand architecture and significant cultural-brand heritage in its home market.
• Tsingtao Brewery: Tsingtao is a major Chinese state-affiliated brewer with strong domestic scale and global export presence. Comparable to HABECO as a large Asian publicly listed brewer with significant state-influenced ownership, multi-brand portfolio, and historical heritage positioning.

Others

• Halico (Hanoi Liquor and Beverage Joint Stock Company): HALICO is actually a majority-owned subsidiary of HABECO focused on spirits and soft drinks production. Relevant as a vertical-integration peer showing HABECO's diversification beyond beer into adjacent alcoholic and non-alcoholic beverage categories.

Broad incumbents

• Thai Beverage (ThaiBev): ThaiBev owns a strategic stake in Sabeco and operates an integrated Southeast Asian beverage platform including beer (Chang), spirits, and non-alcoholic drinks. Comparable to HABECO as a regional multi-category beverage producer operating a brewery-led business across Vietnam and broader ASEAN.
• Anheuser-Busch InBev (Budweiser Vietnam): AB InBev markets Budweiser and other global brands in Vietnam through local production. Comparable to HABECO as a multinational brewer competing for Vietnam beer volume, particularly in the premium imported-beer segment where HABECO's Hanoi Premium and IPA products also compete.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php?id=61554443480393
• LinkedInlinkedin.com/company/habecoltd

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hanoi Beer Alcohol and Beverage