Beer industry compelled to adjust to potential tax impact
July 04, 2024 | 15:16
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.
Alcohol and beer could be subject to 100 per cent special consumption tax
June 14, 2024 | 14:37
The Ministry of Finance (MoF) has proposed increasing the special consumption tax (SCT) for alcohol and beer to 100 per cent by 2030.
Is non-alcoholic beer now a priority at Tet?
February 10, 2024 | 22:01
Non-alcoholic beer is becoming increasingly popular among consumers.
Pasteur Street Craft Beer: fusing international expertise with local flavours
December 28, 2023 | 15:49
Pasteur Street Craft Beer has become a familiar name to beer enthusiasts both at home and abroad.
Players take sides in drink tax discussion
March 10, 2023 | 16:00
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.
Careful consideration required for sugary drink tax
March 10, 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.
Alcohol, tobacco and soft drinks face increase in excise tax
February 25, 2023 | 10:15
Alcohol, tobacco and soft drinks are facing an increase in excise tax that the MoF hopes will improve community health and contribute to the budget deficit.
ThaiBev sets out 2023 expansion plans
December 07, 2022 | 10:10
Thai Beverage Plc. (ThaiBev) currently owns 53.6 per cent of SABECO and is intending to expand investment into other businesses in 2023.
Oktoberfest Vietnam inviting beer lovers back to the tents
September 06, 2022 | 17:10
Returning this year for its biggest edition yet, the exciting annual German beer festival will once again come to Windsor Plaza Hotel in Ho Chi Minh City, and for the first time will also be staged at Daewoo Hanoi Hotel.
SABECO results brewing up success
August 08, 2022 | 09:38
The return of international tourism and stronger consumer demand, as well as enhanced production and cost savings, has helped Saigon Beer Alcohol Beverage Corporation, known as SABECO, post successful results for its second quarter.
Vietnam will raise special consumption tax on cigarettes, beer, and spirits
May 10, 2022 | 16:37
Cigarettes, beer, and spirits in Vietnam will be subject to an increased special consumption tax (SCT)
Businesses seek stable tax policies for sustainable recovery in new normal
May 09, 2022 | 11:56
Beverage businesses are calling for no tax increase to support them in the recovery path ahead, thus enabling them to develop more sustainably and contribute more to socioeconomic development.
SABECO sitting in good stead for 2022
April 20, 2022 | 08:00
Saigon Beer-Alcohol-Beverage Company (SABECO) has set brighter financial prospects in 2022 thanks to the recovery of socioeconomic activities and COVID-19 pandemic control.
SABECO ushers in new era with upgraded facility
March 11, 2022 | 10:35
One of Vietnam’s biggest brewers, SABECO, is on track to strengthen its operational capabilities with the newest expansion of its facilities on March 8.
Beverage makers contribute to a prosperous Vietnam
January 08, 2022 | 19:00
The beer, alcohol, and beverage sector globally has a long history dating back thousands of years, associated with culture and life, becoming an indispensable cultural feature of festivals as well as in family reunions and among friends.
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