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Special consumption tax

Special consumption tax on alcoholic beverages requires careful study: economists

Special consumption tax on alcoholic beverages requires careful study: economists

Further comprehensive and in-depth studies must be carried out to fully evaluate the impact of a proposed tax increase on alcoholic beverages, said participants at a conference to gather opinions and feedback on the proposed tax organised by the Vietnam...
VAMA suggests changes in special consumption tax rates for EVs

VAMA suggests changes in special consumption tax rates for EVs

The proposed decrease in tax rates for self-charging hybrid electric vehicles (HEVs) with nine seats or fewer, as outlined in a draft law by the Ministry of Finance, appears to be a significant shift in tax policy, according to experts. 
VCCI says petrol should be excluded from special consumption tax

VCCI says petrol should be excluded from special consumption tax

The Vietnam Chamber of Commerce and Industry (VCCI) proposed that the Ministry of Finance, the drafting agency of the draft Law on Special Consumption Tax, should consider removing petrol from the list of products with a special consumption tax imposed...
Special consumption tax on alcoholic beverages could double by 2030: MoF

Special consumption tax on alcoholic beverages could double by 2030: MoF

Representatives from businesses and governmental agencies voiced their opinions and concerns over the new draft law on Việt Nam''s special consumption tax during a workshop organised by the Vietnam Chamber of Commerce and Industry (VCCI) and the Vietnam Beer -...
Many controversies surround the draft revised Law on Special Consumption Tax

Many controversies surround the draft revised Law on Special Consumption Tax

A workshop to collect expert opinions for the draft of the amended Special Consumption Tax Law and the beverage industry has been held Hà Nội.
Amended draft law on SCT may hinder development of local automobile industry: VCCI

Amended draft law on SCT may hinder development of local automobile industry: VCCI

The Vietnam Federation of Commerce and Industry (VCCI) has raised several concerns about the amended Draft Law on Special Consumption Tax (SCT).
Special consumption tax should be imposed on sugary drinks

Special consumption tax should be imposed on sugary drinks

The MoF is sticking with its proposal for a special consumption tax on sugary beverages, nutritional drinks and some other products, excluding milk.
Special consumption tax can hurt beverage industry

Special consumption tax can hurt beverage industry

Vice chairman of the Vietnam Association of Financial Investors (VAFI) Nguyễn Hoàng Hải said that paying additional tax will erode Vietnamese beverage makers'' competitive advantages.
Government delays special consumption tax on online games amid industry growth

Government delays special consumption tax on online games amid industry growth

The Government has agreed that, in the near term, special consumption tax will not be levied on online games.
Changes to special consumption tax must be studied carefully

Changes to special consumption tax must be studied carefully

Mixed opinions were heard around proposals of imposing an excise tax on sugary beverages, which the Ministry of Finance saying it aims to protect the health of the people and prevent obesity.
Careful consideration of special consumption tax on sugary drinks urged

Careful consideration of special consumption tax on sugary drinks urged

Nguyen Quoc Viet, Deputy Director of the Viet Nam Institute for Economic and Policy Research, said production and business remain difficult. 
MoFs special consumption tax proposed on sugary drinks controversial

MoF's special consumption tax proposed on sugary drinks controversial

A moderate special consumption tax on sugary drinks, recently proposed by the Ministry of Finance (MoF), has attracted contradictory views from industry insiders and health experts.
MoF proposes a hike in special consumption tax on cigarettes, beer, and spirits

MoF proposes a hike in special consumption tax on cigarettes, beer, and spirits

The ministry is collecting public opinions on the proposal to develop the revised Law on Special Consumption Tax in which the SCT applied in these products should be increased, saigondautu.com.vn reported. 
Mixed excise regime for tobacco recommended at conference

Mixed excise regime for tobacco recommended at conference

A mixed excise regime with a suitable roadmap is a reasonable way to increase the special consumption tax on tobacco, a conference titled “Special consumption tax – Harmonising the State budget and business development” heard in Ha Noi.
Ministry proposes auto tax payment extension worth VND20 trillion

Ministry proposes auto tax payment extension worth VND20 trillion

The Ministry of Finance has proposed the Government give an extended deadline for payment of special consumption tax worth a total of VND20 trillion (US$870.5 million) on domestically produced and assembled cars.