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Search Results: 36 results for keyword "sugary drinks".
Practical solutions appropriate regarding sugary drinks
12-08-2024 11:00
International organisations like the World Health Organization, World Bank, UNICEF, and Johns Hopkins University have put across their opinions on proposals in Vietnam on taxing sugary beverages, the Ministry of Finance has said.
Vietnam to act on surge of sugary drinks
04-07-2024 19:00
Sugar-sweetened beverages in Vietnam may begin to be subject to a special consumption tax later this year, following the potential adoption of amendments to the Law on Special Consumption Tax.
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.
Vietnam edges towards decision on sugary drink taxes
13-06-2024 11:00
Proposals to tax sugary drinks continue to receive mixed opinions in the country, with Vietnam planning to submit a special consumption tax law for debate in October.
Enterprises wary over “rushed” tax on sugary drinks
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.
Beverage leaders plead for excise tax postponement
20-03-2023 09:59
Key industry players are calling for the delay of increased taxes on alcohol and sugary drinks to support business recovery and ensure they do not undermine economic growth.
Careful consideration required for sugary drink tax
10-03-2023 08:00
In addition to increasing the excise tax on beer, wine, and tobacco, the Ministry of Finance has once again proposed to put sugary drinks into taxable status. Adam Sitkoff, executive director of the American Chamber of Commerce in Hanoi, spoke to VIR’s Nguyen Thu about the latest proposal.
Sugary drinks may get unsavoury tax
24-08-2017 08:00
The Ministry of Finance is proposing the levy of a special consumption tax of 10-20 per cent on sugary drinks to combat obesity rates, though a similar proposal was rejected by the government three years ago. VIR’s Van Thu offers insight into the hot debate surrounding the new proposal.
Likely scenarios on taxation for sugary beverages
18-07-2024 16:00
In addition to amendments concerning several goods, services subject to special consumption tax (SCT) such as cigars, alcohol, cars with fewer than 24 seats, among others, the draft law on SCT amended has included beverages with sugar content exceeding 5g/100ml, according to Vietnamese standards (TCVN), into the list of SCT-able items. This aligns with guidelines from the Party and government, as well as recommendations from the World Health Organization on consumer health protection.
Controversy bubbles over proposed sugary drink tax
28-12-2017 08:00
The Ministry of Finance’s proposed sugary soft drink tax has stirred up protest from business associations and companies that might be adversely affected.
Valuable lessons can direct sugary beverage rules
04-07-2024 15:29
Tax policy is an effective financial measure to control consumption of sugar-sweetened beverages (SSBs). The significant prevalence of obesity and diet-related non-communicable diseases (NCDs) driven by increasingly unhealthy dietary patterns is of global health concern. Significant attention has been given to curbing excess sugar intake and particularly SSB consumption.
The ascendancy of green drinks
12-01-2021 17:13
About 10 years ago, alcoholic drinks were popular at every party. However, alcohol or beer at the present had their "unique" role at banquets usurped by "green drinks" with health benefits.
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.
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.
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