Tax on alcoholic beverages should only be raised after 2025: businessman

Tax on alcoholic beverages should only be raised after 2025: businessman

Any changes to the special consumption tax (SCT) on alcohol and beer should only be made after 2025 when the Vietnamese economy and businesses bounce back, said Phan Dang Tuat, president of the Vietnam Association for Supporting Industries (VASI) and former chairman of top Vietnamese brewer Sabeco.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Special consumption tax on sugary drinks not suitable: business associations

Special consumption tax on sugary drinks not suitable: business associations

Applying a special consumption tax (SCT) on sugary drinks is not suitable, EuroCham, AmCham, and the Vietnam Beer-Alcohol-Beverage Association (VBA) have said in response to a draft amended law.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7