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...
The tax increases on alcoholic beverages should strike a balance between curbing consumption to protect the public''s health and crippling the beverage industry, said industry experts and policymakers.
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 -...
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.
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,...
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...
Despite ever-growing special consumption taxes on alcoholic beverages
and the economic slump, across the country, the number of beer factories
keeps on growing.