Tax changes require more scientific basis

Tax changes require more scientific basis

The Ministry of Finance is set to put more special consumption taxes on several types of drink. Nguyen Van Phung, former director of the Department of Tax Administration for Large Enterprises, spoke to VIR’s Huong Uyen about issues related to the draft law on this type of levy.
Consumer beverage trends must be taken into account

Consumer beverage trends must be taken into account

The alcoholic beverage market in Vietnam is undergoing a significant transformation due to new consumer trends and particularly the enforcement of stricter concentration policies. Le Minh Trang, associate director of the Retail Measurement Service at NielsenIQ (NIQ) Vietnam, talked to VIR’s Hoang Oanh.
Alcoholic beverage groups urged to track trends

Alcoholic beverage groups urged to track trends

The alcoholic beverage industry is expected to continue facing hiccups until 2024 as revenue and profit of many brands remain on the decline.
Diageo launches drink-driving campaign

Diageo launches drink-driving campaign

Diageo, home of premium spirit and beer brands, launched a drink-driving campaign in November.