Virus and strict laws hurt beer sales

Monday, Mar 30, 2020

Brewery companies have lowered profit targets due to a severe in sales consumption caused by COVID-19 and newly-applied strict penalties for inebriated drivers.

Alcohol industry calls for Government help

Friday, Mar 13, 2020

The high consumption of beer in Viet Nam has previously attracted brewers to cash in. But now, the Viet Nam Beer Alcohol Beverage Association (VBA) is asking the Government for help.

No more alcohol tax hikes, forum pleads

Thursday, Nov 23, 2017

Taxes on alcohol and soft drinks should not be hiked again in the next few years since successive hikes in special consumption tax have had a strong impact on the market, a round table organised by the Viet Nam Beer,...

Beverage companies seek tax delay

Thursday, Mar 17, 2016

Beverage companies seek to delay until the beginning of 2017 the application of amended regulations on calculating their special consumption tax, claiming they need more time to adjust their production plans.

Viet Nam Beer and Alcoholic Beverages Ass'n requests that consumption tax not to be increased

Monday, Dec 28, 2015

The Viet Nam Beer and Alcoholic Beverages Association (VBA) has recently sent official documents to authorities, petitioning on new Decree 108/2015/ND-CP, which guides articles of the Law on Special Consumption Tax (SCT) issued in 2008 and the amended Special Consumption Tax Law issued in...

Drink industry told to lift distribution to stay trading

Thursday, Sep 24, 2015

Domestic beverage companies were urged to improve their distribution system to protect their domestic market shares amid anticipated rising competition pressure associated with intensive international integration.

Demand for imported beer surges

Monday, Sep 15, 2014

The domestic beer market is expecting fierce competition from imported brews after it joins the Trans-Pacific Partnership (TPP).

Competition in beverage market to heat up

Thursday, Jul 24, 2014

There will be stiff competition between domestic and foreign beverage firms as Viet Nam integrates further into the world beverage market, with tremendous potential for development, said experts.

Viet Nam considers fizzy drinks tax

Monday, Jul 15, 2013

The Viet Nam Beer, Alcohol and Beverage Association (VBA) recently proposed that the State administration impose a special consumption tax of 10 per cent on carbonated beverages.

Drinks firm to build VN brewery

Friday, May 03, 2013

Viet Nam is quickly earning a reputation as a nation of beer lovers, with alcohol sales rising rapidly and local breweries flourishing.