San Miguel Mulls over New Vietnam Brewery

San Miguel Brewery Inc. (PSE: SMC), the beer unit on San Miguel Food and Beverage Inc., is studying plans to spend $70 million in building a two-million hectoliter beer plant in Vietnam.

SMB chairman Ramon Ang said in an interview Tuesday following the annual stockholders’ meeting the company would start building the plant once the market study showed a good opportunity to build it.

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