alcoholic beverages

Update news alcoholic beverages

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

Representatives from businesses and governmental agencies voiced their concerns over the new draft law on Vietnam’s special consumption tax during a workshop organised by VCCI and the Vietnam Beer - Alcohol - Beverage Association (VBA).

Players take sides in drink tax discussion

The beverage sector has called for a delay in Vietnam’s proposed tax increase on alcohol as the industry is at risk from high inflation, increased material costs, and low demand.