BRUSSELS Heineken, the world's second-largest brewer by volume, on Monday (July 31) cut its 2023 profit growth forecast after an economic slowdown in Vietnam depressed first-half earnings by more than expected. The Dutch company, whose brands include Tiger and Sol, said it now expected growth in operating profit before one-offs this year to be between zero and a mid single-digit percentage. It had previously forecast a mid to high single-digit percentage. In the first half, Heineken sold 5.6% less beer than a year ago, and despite a jump in revenue due to higher prices, suffered a 8.

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