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And it increases the risk of cancer. The main reason is that Vietnam’s beer quality has not been highly appreciated and not created a brand on the international market. Only 11% of women had consumed the same. Alcoholic beverages in Vietnam have to pay taxes at 2 stages: import and domestic consumption. This is not only the largest M&A deal in Vietnam’s M&A history, but also the largest M&A deal in the Asian beer industry up to this day. However, reducing alcohol consumption can be the first step. Alcohol is the most ingrained recreational substance in the world. Telling friends and colleagues in advance will be much easier than announcing you’re not drinking if you’re already at an event. The statistic shows the historical beer consumption per capita in Vietnam from 2010 to 2018. In which Mexico and the Netherlands are the two biggest beer suppliers in Vietnam. Young people in Vietnam say “drinking beer and wine is an indispensable pleasure in their life, or a way to kill time or to relieve their boredom.” Others have identified the negative impact that not drinking has on personal and business relationships. Also, consider quitting completely. That’s an estimated 40% increase from 2010 —a figure that doesn’t even factor in unrecorded alcohol sales. In the context of international economic integration, M&A will contribute to raise the size, competitiveness, market share, reputation, efficiency of larger businesses and start a new development cycle. Soaring levels of alcohol consumption in Vietnam also contribute to the country’s problem with liver cancer. Globally, drunk driving is regulated by strict measures on blood alcohol levels. Meanwhile, the share value of the entire industry will decline by nearly 13% in 2019. Positive information about alcohol consumption is often biased or misinformed. And they’re drinking way too much. And alcohol is addictive. Three main sources of beer supply in Vietnam are the Netherlands (25%), Mexico (17%) and Belgium (16%). Citizens of Singapore, Malaysia, Indonesia, and Myanmar over the age of 15 all consume below three liters per year on average. In the stock market, shares of the two “giants” in the beer industry, Sabeco and Habeco, have dropped from 0.4% to 0.8%. There are 7.3 million motorbikes in Ho Chi Minh City. South Koreans are the only nationality in Asia that drink more than the Vietnamese and since 2010 alcohol consumption in Vietnam is said to have risen a staggering 40%. To open a beer factory in Vietnam, enterprises must be licensed by the Ministry of Industry and Trade. **Nearly 10 percent of Vietnamese men aged from 50 to 69 died of alcohol-related liver cancer in 2016. According to a Nielsen report, 56% of Vietnamese consumers are under 30 years old and Vietnam’s middle class will double from 12 million (2014) to 33 million (2020). In fact, Vietnam’s binge-drinking culture is so rampant it’s even gained the attention of the international media. Simply being aware that there is a problem is viewed as a move towards successfully stopping drinking. Clearly, the best evidence suggests it’s best not to drink at all. This can be considered as a major obstacle for new businesses. The export volume decreased by about 7% over the same period. Lots of the positive studies appear to have been backed by the industry itself. Recent research suggests even moderate consumption of alcohol can have catastrophic health consequences. Compared to beer consumption in Vietnam, beer imports into Vietnam account for a relatively small proportion. When you’ve decided to take steps to quit consider telling the people around you to enlist their support. Note that all Alcoholics Anonymous meetings are free of charge and additional contact information can be found online at aavietnam.org. 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