beer industry compelled to adjust to potential tax impact

Beer industry compelled to adjust to potential tax impact

Following a stressful few years of slumping demand, the beer industry is taking on even more challenging times, including the potential impact of special consumption tax, which leaves it finding new ways to prosper.
cost efficiencies now a must in construction

Cost efficiencies now a must in construction

Social housing development and boosting public investment disbursement are considered comprehensive solutions for the construction materials industry.
supporting industries seek newer policies

Supporting industries seek newer policies

Vietnam’s supporting industries are failing to meet set targets, with a tendency to rely too much on overseas vendors instead of developing domestic suppliers, which is leaving foreign investors hesitant to enter the market.
brewers seek answers to new habits and strict rules

Brewers seek answers to new habits and strict rules

The business picture for brewers is not as bright as expected, with a potential special consumption tax and continuing strict laws likely to affect the situation going forward.
offshore developers frustrated at lack of pilot policy

Offshore developers frustrated at lack of pilot policy

There is still currently no legal avenue for foreign or domestic investors to take on offshore wind power pilots in Vietnam.
vietnam ramps up imports to diversify in energy security

Vietnam ramps up imports to diversify in energy security

Vietnam is pushing to import electricity from neighbouring countries due to worrying power shortage concerns for the near future.
crucial maritime initiatives must be carefully crafted

Crucial maritime initiatives must be carefully crafted

The newly released Strategy for the Sustainable Exploitation and Use of Natural Resources and Protection of the Marine and Island Environment reaffirms the Vietnamese government’s commitment to biodiversity conservation and marine environment protection. Deputy Minister of Natural Resources and Environment, Le Minh Ngan, spoke with VIR’s Phuong Thu about the key points of strategy and solutions and how to make it happen.
barriers remain for bnpl to be top tool

Barriers remain for BNPL to be top tool

The buy now, pay later fintech segment is still in a feeling-out stage in Vietnam as it attracts both foreign and local players that must take on tough competition in order to survive.
sabecos taste for innovation takes the local brand to the world

SABECO's taste for innovation takes the local brand to the world

SABECO's never-ending attempts to win new customers in an ever-changing economic and cultural environment has resulted in the company winning several prestigious awards at the World Beer Championship.
foreign investors committed to vietnams sustainable development

Foreign investors committed to Vietnam's sustainable development

Foreign-invested enterprises in Vietnam are showing a strong commitment towards sustainable development, although a series of issues need to be tackled.
fairness cited for fee adjustment proposal

Fairness cited for fee adjustment proposal

A key vehicle association has called for registration fee incentives for both domestically assembled and imported cars to ensure fairness.
players take sides in drink tax discussion

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.
wind survey snags concern developers

Wind survey snags concern developers

Offshore wind prospects in Vietnam are seeking stability as applications for project field surveys and wind assessments are being postponed, with developers waiting for a decree amendment on the use of marine resources.
taxes and emissions among growing digital concerns

Taxes and emissions among growing digital concerns

The digital economy in Vietnam has strong growth potential, but faces a number of significant hurdles, including losses in tax revenue, infrastructure challenges, and vast carbon emissions.
budget e vehicle plans could provide vinfast competition

Budget e-vehicle plans could provide VinFast competition

A new e-vehicle competitor to VinFast may be around the corner after a Chinese manufacturer agreed to team up with Vietnam’s TMT Motors to launch budget models.