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Search Results: 23 results for keyword "soft drinks".

Legitimate businesses must not be disadvantaged with alcohol tax

12-08-2024 11:00

The draft Law on Special Consumption Tax, including a high raise in the tax for alcohol, will have great and direct impacts on not only enterprises in the production and trading of alcohol and soft drinks, but also product chains, labour, and social security.

Soft drinks sales hit 4.6 billion litres in 2023

18-07-2024 19:21

The sales volume of soft drinks in Vietnam reached 4.658 billion litres in 2023, an increase of 4.8 per cent on-year, according to a report by Research and Markets.

Carlsberg quaffs British soft drinks maker Britvic for £3.3 bn

08-07-2024 15:55

Danish brewer Carlsberg on Monday said that it had reached a deal to buy British soft drinks manufacturer Britvic for £3.3 billion ($4.2 billion).

Sugar tax plans see detailed additions

17-06-2024 18:00

Vietnam is closer to adding a tax on soft drinks based on sugar content to encourage businesses to produce and import low-sugar soft drinks.

MoF proposes a 10 per cent special consumption tax on sugary drinks

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.

Aspartame sweeteners 'possibly carcinogenic', says WHO

14-07-2023 09:57

The WHO said Friday it was now classifying aspartame, an artificial sweetener commonly used in soft drinks, as "possibly carcinogenic to humans" -- though the acceptable daily intake level remains unchanged.

Alcohol, tobacco and soft drinks face increase in excise tax

25-02-2023 10:15

Alcohol, tobacco and soft drinks will be subject to an increased excise tax aiming to improve community health and tackle the national budget deficit as part of a comprehensive tax reform strategy for 2030.

Soft drinks see hard competition

07-11-2018 09:02

A series of international brands have been pouring more money into Vietnam’s high-potential soft drink segment, toughening up competition against fledgling domestic producers. Phuong Thu reports.

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.

No more alcohol tax hikes, forum pleads

23-11-2017 14:41

Taxes on alcohol and soft drinks should not be hiked again in the next few years since successive hikes in special consumption tax have had a strong impact on the market, a round table organised by the Viet Nam Beer, Alcohol and Beverage Association heard in HCM City on Wednesday.

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.

Coca-Cola suggests broader approach to SCT

18-08-2017 16:42

While agreeing with the spirit of taxation and carrying a spotless record of tax payments, Coca-Cola Vietnam claims the Ministry of Financial's proposal to isolate non-alcoholic beverages and soft drinks for taxation goes against international best practices.