Now’s not the time to hike special consumption tax on liquor: workshop
Vietnam should delay any hike in the special consumption tax (SCT) levied on the liquor industry amidst persistent negative impacts of the Covid-19 pandemic, experts and industry insiders say.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
The Investor holds workshop on special consumption tax amendments
The various implications and contexts of amendments being considered to Vietnam’s current Law on Special Consumption Tax will be discussed at a workshop organized by The Investor in Hanoi Tuesday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Finance ministry proposes higher tax on alcohol, beer
Vietnam’s Ministry of Finance (MoF) has proposed a higher special consumption tax (SCT) on alcohol and beer which would mean prices would increase by at least 10% to match income growth and inflation.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Finance ministry keeps proposing special consumption tax on sugary drinks
Vietnam’s Ministry of Finance has retained its proposal on imposing the special consumption tax (SCT) on sugary drinks, excluding milk and nutritional drinks, in the latest draft amended SCT Law.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
Vietnam automakers seek cut in tax, fee for hybrid vehicles
The Vietnam Automobile Manufacturers’ Association (VAMA) has proposed that the government reduces the special consumption tax and registration fees for electric-gasoline hybrid vehicles.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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