Vietnam should learn from international experience before raising beverage tax

Vietnam should learn from international experience before raising beverage tax

Vietnam has been urged to learn from other countries to prevent a shock to businesses and ensure a balance of interests before it raises taxes on alcohol.
Phased tax hikes crucial for sustaining business operations

Phased tax hikes crucial for sustaining business operations

Proposed tax increases on some beverages have raised concerns, particularly given the ongoing challenges faced by the beverage industry in particular.
A holistic approach to the increase of special consumption tax on beer and spirits

A holistic approach to the increase of special consumption tax on beer and spirits

A holistic approach should be taken to setting a new limit and timeline for a special consumption tax on beer and alcohol.
VIR conference on Special Consumption Tax Law attracts thousands

VIR conference on Special Consumption Tax Law attracts thousands

A conference themed “Tax Amendments to Promote Business Activities” held by VIR has attracted thousands of people both online and offline.
Vietnam extends tax payment deadline for domestically manufactured cars

Vietnam extends tax payment deadline for domestically manufactured cars

The government has extended the deadline for special consumption tax (SCT) payments for domestically manufactured and assembled cars.
MoF proposes a 10 per cent special consumption tax on sugary drinks

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

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.
Alcohol and beer could be subject to 100 per cent special consumption tax

Alcohol and beer could be subject to 100 per cent special consumption tax

The Ministry of Finance (MoF) has proposed increasing the special consumption tax (SCT) for alcohol and beer to 100 per cent by 2030.
Beverage businesses seek delay in special consumption tax increase

Beverage businesses seek delay in special consumption tax increase

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.
Stem cell technology in regenerative medicine - a true global trend

Stem cell technology in regenerative medicine - a true global trend

Experts in Vietnam, including some from the United States, on July 30 discussed the importance of stem cell technology in regenerative medicine.
Special consumption tax needs supportive roadmap

Special consumption tax needs supportive roadmap

Experts and businesses have said that amid numerous woes and economic crises, raising the special consumption tax (SCT) is not suitable at this time.
Gaming sector fears special tax

Gaming sector fears special tax

Vietnam is considering levying a special consumption tax on online video games, which has caused concern in the sector.
Vietnam will raise special consumption tax on cigarettes, beer, and spirits

Vietnam will raise special consumption tax on cigarettes, beer, and spirits

Cigarettes, beer, and spirits in Vietnam will be subject to an increased special consumption tax (SCT)
Proposed SCT increase further threatens farmers' chances to recover

Proposed SCT increase further threatens farmers' chances to recover

Geopolitical tensions and escalating prices for fuel and petrol increased hardships for farmers, which could be further worsened by a proposed increase of special consumption tax on tobacco.