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.
23-01-2024 13:42
Industry insiders are worried that changes to taxes on beer will damage the domestic industry in favour of higher priced foreign brands.
27-10-2023 18:15
The Vietnam Association of Financial Investors (VAFI) has proposed not to include the option of applying special consumption tax using a mixed method in the draft revised special consumption tax law.
23-10-2023 09:18
There may be a huge potential for golf development in Vietman, but some of those involved in the industry say current special consumption tax rules are suppressing it.
31-07-2023 09:51
Vietnam's government has delayed the decision to include online gaming services in the scope of the country's special consumption tax, leading to a sigh of relief from domestic industry stakeholders.
13-07-2023 11:23
Industry experts and beer producers are urging for a delay in any increase to special consumption tax until at least 2026, giving the industry more time to recover from low growth.
13-07-2023 09:00
Vietnam is considering a special consumption tax in its battle against the escalating obesity crisis, but industry insiders urge prudence due to the possible detrimental consequences for the beverage sector and wider economy.
11-07-2023 16:02
The impacts of the imposition or increases of special consumption tax on several products must be studied carefully to ensure State budget revenue and the development of production and business, experts said.
04-07-2023 17:10
Experts and businesses have said that amid numerous woes and economic crises, the plan to raise the special consumption tax (SCT) is not suitable at this time.
31-05-2023 18:00
The Ministry of Finance has sent to the Ministry of Justice a dossier on the extension of special consumption tax for domestically manufactured cars incurred from June-September 2023, until November 20.
08-05-2023 15:00
The Ministry of Finance has asked the government to postpone the payment of special consumption tax on domestically manufactured and assembled automobiles to support businesses that face rising loan rates, low credit limits, and uncertainties in the financial market.
13-04-2023 15:00
A proposal to impose special consumption taxes on online games in Vietnam has been shot down by businesses and industry experts.
13-04-2023 14:19
Vietnam is considering levying a special consumption tax on online video games, which has caused concern in the sector.
25-08-2022 16:40
The current excise tax system on tobacco has many flaws. As the government is considering tax increases, experts have proposed the adoption of a mixed exercise system to harmonise various objectives.
10-05-2022 16:37
Cigarettes, beer, and spirits in Vietnam will be subject to an increased special consumption tax (SCT) aiming to improve community health and tackle the national budget deficit as part of a comprehensive tax reform strategy for 2030.