The Ministry of Finance has proposed a bill to levy a new fixed tax on cigarettes in addition to the current excise tax of 75 per cent as the Government seeks to reduce consumption, but it has divided opinions.
British American Tobacco Vietnam (BAT Vietnam) was recently certified as a Top Employer in 2024 by the Top Employers Institute, a global authority with nearly 30 years’ standing.
Tây Ninh is part of the southern key economic zone also comprising HCM City, Bình Dương and Long An. Its Mộc Bài border gate plays a major role in facilitating trade.
Viet Nam should not legalise the use of electronic cigarettes and heated-tobacco-products immediately but conduct a pilot phase allowing the production, import and trading of this new-generation cigarettes in the country.
The Ministry of Industry and Trade (MoIT) is drafting a decree for imports of 56,284 tonnes of raw tobacco (HS code 2401) under a tariff quota in 2019.
The world’s leading tobacco group Philip Morris International (PMI) wants to learn more about the strategic vision of Viet Nam’s Government for equitisation in the Viet Nam National Tobacco Corporation (Vinataba).
Cigarette smuggling has caused a loss of thousands of billions of Vietnamese dong each year for the state, according to figures released by the Viet Nam Tobacco Association at a symposium held on Monday in Can Tho.
The issuance of the list of imported products, which must follow
customs procedures at Vietnamese border gates, must be under established
laws while creating favourable conditions for businesses and trade.
Health activists say special consumption taxes imposed on alcohol, beer
and tobacco should be increased to improve community health and tackle
the national budget deficit.
VINA-BAT, a joint venture between the Viet Nam Tobacco Corporation and
BAT Group, one of the world''s four biggest tobacco companies, has begun
construction of a tobacco plant in the Cuu Long (Mekong) Delta province
of Kien Giang.
The central city has transferred 30 per cent of its stake, worth VND56.6
billion (US$2.7 million), to the Viet Nam Tobacco Corporation
(Vinataba) as part of an agreement.