29-08-2024 09:59
Building policies on a tax for hybrid vehicles are being considered – however, some say that not all types of hybrid vehicles are worthy of support.
27-08-2024 08:00
Vietnam has been urged to learn from other countries to prevent a shock to businesses and ensure a balance of interests before it raises taxes on alcohol.
19-08-2024 12:00
After 16 years of implementation, the current Law on Special Consumption Tax (SCT) has achieved significant results, but the amendment of the law is necessary with a specific roadmap to enhance comprehensive alcohol management measures.
19-08-2024 08:00
Businesses and insiders calling for changes in taxes, particularly in terms of products like beer, need to quantify the impacts on society and industry as a whole.
16-08-2024 11:40
An amended special consumption tax (SCT) on alcohol should have a reasonable route so that manufacturers have time to adapt to the changes.
16-08-2024 09:12
The roadmap laid out to increase Vietnam's special consumption tax (SCT) should be scrutinised to balance the interests of the government, manufacturers, and consumers.
15-08-2024 12:13
Proposed tax increases on some beverages have raised concerns, particularly given the ongoing challenges faced by the beverage industry in particular.
14-08-2024 19:08
A holistic approach should be taken to setting a new limit and timeline for a special consumption tax on beer and alcohol.
14-08-2024 09:15
A conference themed “Tax Amendments to Promote Business Activities” held by VIR has attracted thousands of people both online and offline.
18-07-2024 16:00
In addition to amendments concerning several goods, services subject to special consumption tax (SCT) such as cigars, alcohol, cars with fewer than 24 seats, among others, the draft law on SCT amended has included beverages with sugar content exceeding 5g/100ml, according to Vietnamese standards (TCVN), into the list of SCT-able items. This aligns with guidelines from the Party and government, as well as recommendations from the World Health Organization on consumer health protection.
18-06-2024 19:07
The government has extended the deadline for special consumption tax (SCT) payments for domestically manufactured and assembled cars.
16-06-2024 11:41
The Ministry of Finance (MoF) has maintained its view that sugary drinks should be subject to a special consumption tax (SCT) of 10 per cent in a message sent to the government regarding the draft revised SCT Law.
14-06-2024 14:37
The Ministry of Finance (MoF) has proposed increasing the special consumption tax (SCT) for alcohol and beer to 100 per cent by 2030.
19-03-2024 10:28
Companies in Vietnam’s beverage industry are asking for a delay to a special consumption tax increase to enable them time to recover from a difficult period.
02-08-2023 09:43
Experts in Vietnam, including some from the US, on July 30 discussed the importance of stem cell technology (SCT) in regenerative medicine.