drinks market rivalries bubble away

Drinks market rivalries bubble away

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

Drinks chains tinker with new models

Many beverage chains have been forced to close their out-of-date business models, despite being effective during the pandemic and being good for brand building.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

VBA petitions against soft drinks tax

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

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

More measures urged for management of traditional alcoholic drinks

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

Feedback sought on tax exemption for fizzy drinks

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

Ministry mulls over sin tax on soft drinks

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

Masan ready to pour into domestic drinks market

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

San Miguel calls time on soft drinks

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 womens day

Healthy drinks become trendy gift for International Women’s Day

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

Drinks groups facing double 2020 sales hit

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

Ministries protest special consumption tax on soft drinks

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

Vietnam fines Lotteria store in capital over tainted drinks

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

Fizzy drinks excise tax threat falls flat

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.
th group presents milk and drinks in hai duong and quang ninh

TH Group presents milk and drinks in Hai Duong and Quang Ninh

TH Group has presented 201,600 fresh milk glasses and assorted drinks to the northern provinces of Hai Duong and Quang Ninh, which are now the hot spots of the health crisis.