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consumption

Việt Nam to spend US1.7 billion on meat imports

Việt Nam to spend US$1.7 billion on meat imports

Việt Nam''s meat and byproducts imports are set to surge in 2024, with spending expected to reach about US$1.7 billion.
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...
More consumption promotion programmes until year end

More consumption promotion programmes until year end

The Ministry of Industry and Trade will organise a national promotion programme - Vietnam Grand Sale 2024 - from December 2 to 31.
Consumers to receive incentives during Digital Consumption Month

Consumers to receive incentives during Digital Consumption Month

The October-Digital Consumer Month will be held, allowing citizens to benefit from promotional policies when using digital products and services.
Sales of Sao Ta soar in August on rising shrimp consumption

Sales of Sao Ta soar in August on rising shrimp consumption

Last month, Sao Ta Foods saw a remarkable surge in production, to 3,450 tonnes of processed shrimp, up 74 per cent year-on-year. 
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. 
HCM City stimulates consumption of essential products

HCM City stimulates consumption of essential products

Authorities, businesses and retailers in HCM City are organising programmes to promote consumption of essential products and bring quality goods into the market at attractive prices.
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).
Providing safe good food into modern distribution channels is promoted

Providing safe good food into modern distribution channels is promoted

According to the Ministry of Industry and Trade, Việt Nam has over 1,167 supermarkets, 254 shopping centres and many systems of modern convenience stores in large cities, such as Big C & Go System, Co.op mart and Mega Market. 
Difficulties in maintaining domestic consumption this year: MoIT

Difficulties in maintaining domestic consumption this year: MoIT

Domestic consumption is running out of steam as consumers face uncertainties, along with changes in shopping habits. Meanwhile, businesses have reported it''s increasingly difficult to develop ways to maintain purchasing power and reduce inventory buildup, said industry insiders and economists.
Programme promoting consumption of OCOP products opens in HCM City

Programme promoting consumption of OCOP products opens in HCM City

A programme that seeks to promote consumption of items made under the national “One Commune, One Product” (OCOP) programme is being held at Saigon Co.op''s 800 points of sale nationwide, including Co.opmart, Co.opXtra, Co.op Food, and Finelife, until July 17.
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.