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Search Results: 37 results for keyword "sugary drinks".
Scandals shake up drinks sector
24-05-2016 08:00
The beverage market has seen significant upheavals recently as big players like Number 1 Group and Suntory PepsiCo face scandals over their production quality. The latest shock to local consumers was last week’s allegations of high lead content in the green tea product C2 and energy drink Red Dragon, produced by the Universal Robina Corporation. Nguyen Van Viet, chairman of the Vietnam Beer, Alcohol Beverage Association, shared his analysis on this unfolding issue with VIR’s Thanh Xuan.
Drinks market rivalries bubble away
09-12-2013 15:08
Vietnam’s beverage market remains rich in promise, reflected by the increase in the number of recent investments from major domestic and foreign enterprises.
Drinks chains tinker with new models
22-06-2023 15:03
Many beverage chains have been forced to close their out-of-date business models, despite being effective during the pandemic and being good for brand building.
VBA petitions against soft drinks tax
22-09-2017 10:26
The Vietnam Beer Alcohol Beverage Association (VBA) has requested the Ministry of Finance (MoF) to withdraw its proposal to apply a special consumption tax (SCT) of 10 or 20 per cent on soft drinks due to a lack of practical considerations and negative impacts on soft drinks manufactures as well as the state budget.
Soft drinks imported despite local products
18-10-2010 01:00
HCM CITY - Softdrink maker Coca-Cola has three factories in the country, but around $900,000 has been spent since the beginning of this year to import the drink, according to the Ho Chi Minh City Customs Department.
More measures urged for management of traditional alcoholic drinks
05-04-2021 09:56
While seeing some improvements in the management of traditional alcoholic drinks and people’s awareness, more measures are planned to gain more advancement.
Feedback sought on tax exemption for fizzy drinks
16-07-2014 09:11
Viet Nam's policy-making bodies may reconsider a proposal to exempt non-alcoholic carbonated drinks from the list of products subject to an excise tax rate of 10 per cent.
Ministry mulls over sin tax on soft drinks
25-02-2014 09:30
The Ministry of Finance is considering a special consumption tax on soft drinks for their potential health risks.
Masan ready to pour into domestic drinks market
02-12-2013 15:23
Vietnam’s largest private sector company, Masan Group is gearing up for expansion in the beverage market in 2014.
San Miguel calls time on soft drinks
16-01-2012 08:42
The fizz has gone out of food and drinks giant San Miguel Group’s water and juice operations in Vietnam and it is throwing in the towel.
Healthy drinks become trendy gift for International Women’s Day
08-03-2022 11:34
Healthy, organic drinks have become a trendy gift on International Women’s Day this year, replacing traditional gifts such as cosmetics, fruits, and jewellery.
Drinks groups facing double 2020 sales hit
06-05-2020 10:00
After gaining sweet fruits for years, giant beer and beverage companies in Vietnam are facing losses due to not only the ongoing health crisis, but also tightened drink-driving penalties. The question remains unknown as to how they get back on a level pegging.
Ministries protest special consumption tax on soft drinks
10-01-2018 11:00
Numerous ministries and associations protested against the Ministry of Finance (MoF)’s proposal to apply a special consumption tax (SCT) of 10-20 per cent on soft drinks.
Vietnam fines Lotteria store in capital over tainted drinks
16-01-2015 15:31
Two samples of drinks taken from a store under South Korean fast-food chain Lotteria in Hanoi have been found to be contaminated, with the restaurateur required to pay VND4 million (US$186) in fines, according to the Vietnam Food Administration (VFA).
Fizzy drinks excise tax threat falls flat
08-04-2014 13:48
The American Chamber of Commerce and Vietnam Chamber of Commerce & Industry recently organised a forum on Vietnam’s food and beverage industry to canvas opinion on the Ministry of Finance’s recent draft amendment to the Excise Tax Law, adding non-alcoholic carbonated drinks to the list of products subject to an excise tax rate of 10 per cent. The ministry claimed that the tax would substantially increase governmental revenue. However, many industry players have opposed the positive spin put on the proposal.
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