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special consumption tax
Proposed tax on beverages should be based on sugar content: experts

Proposed tax on beverages should be based on sugar content: experts

If special consumption tax is levied on sweetened beverages, differential rates should be applied based on their sugar content just like alcoholic drinks, analysts have suggested.
Finance ministry eyes 10% tax on sweetened beverages

Finance ministry eyes 10% tax on sweetened beverages

Beverage, game businesses threatened by proposed consumption tax

Beverage, game businesses threatened by proposed consumption tax

Vietnam’s game market too small for further tax

Vietnam’s game market too small for further tax

Vietnam’s video game market is too small for a special consumption tax but instead should be nurtured to full growth, observers say.
April 2, 2023 | 05:00 am PT
Finance Ministry wants online game companies taxed

Finance Ministry wants online game companies taxed

The Ministry of Finance wants special consumption tax on online video games, saying it would fetch large revenues.
March 19, 2023 | 07:48 pm PT
Vietnam eyes cigarette tax hike to reduce smoking

Vietnam eyes cigarette tax hike to reduce smoking

The Ministry of Finance in a draft bill wants the special consumption tax on cigarette be increased to reduce consumption.
March 5, 2023 | 05:30 am PT
Ministry refuses to lift special consumption tax on gasoline

Ministry refuses to lift special consumption tax on gasoline

The Ministry of Finance refused a proposal to exempt special consumption tax on gasoline given the country’s tax rate is at a low level compared to many other countries.
October 8, 2022 | 05:17 am PT
Government defers auto industry tax

Government defers auto industry tax

The government has deferred the special consumption tax payable by carmakers.
May 22, 2022 | 06:46 pm PT
HCMC to use its autonomy to raise alcohol tax

HCMC to use its autonomy to raise alcohol tax

HCMC is planning to use its autonomy, granted in 2017, to increase the special consumption tax on alcoholic drinks.
April 4, 2019 | 05:00 am PT
Industry bitter about Vietnam tax on sweetened drinks

Industry bitter about Vietnam tax on sweetened drinks

Fake and low-quality beverages would thrive, firms say, ignoring health concerns.
May 31, 2018 | 08:03 pm PT
Vietnam ministries against tax on sugary drinks, one says no proven link to obesity

Vietnam ministries against tax on sugary drinks, one says no proven link to obesity

The agriculture ministry said 'no study has found that the abuse of sweetened tea or coffee causes obesity' in Vietnam.
January 9, 2018 | 02:04 am PT
Vietnam chews over special consumption tax on sugary drinks

Vietnam chews over special consumption tax on sugary drinks

The tax could help combat the country's rapidly increasing obesity rate.
August 15, 2017 | 07:50 pm PT
Higher tax slams the brakes on Vietnam's car imports

Higher tax slams the brakes on Vietnam's car imports

Duties of up to 150 percent are making people think twice about life in the fast lane.
September 18, 2016 | 08:16 pm PT
Tax hike drives Vietnamese consumers away from luxury cars

Tax hike drives Vietnamese consumers away from luxury cars

New special consumption tax rates came into effect from July 1.
August 15, 2016 | 03:30 pm PT
Luxury cars "sold out" in Vietnam ahead of 90 percent tax hike

Luxury cars "sold out" in Vietnam ahead of 90 percent tax hike

Vietnam’s car market has seen growth in imported car sales contrary to a fall in the number of locally built-up products with changes to a special consumption tax about to kick in.
June 16, 2016 | 01:08 am PT
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