Sapporo Holdings Ltd President Tsutomu Kamijo (Photo: Getty images)

Tokyo (VNA) – Sapporo Holdings Ltd President Tsutomu Kamijo unveiled that the oldest beer brand in Japan wants to expand operations in Vietnam.

He anticipated the company’s beer sales in Vietnam might overtake the figure for Japan by 2020.

In September 2015, Sapporo acquired all stakeholdings from its Vietnamese partner - to gain complete control over the Sapporo Beer Vietnam Co. Ltd.

Kamijo said the company has no further plans for merger and acquisitions, as its target is to consolidate positions in North America and Southeast Asia.-VNA