Economists and industry experts said a balanced approach is required in implementing the changes to Vietnam's special consumption tax law, which will see tax double for alcoholic beverages from 2026 ...

In a significant move to support businesses during challenging times, the Vietnamese government has extended and enhanced ...

in taxes this year. The proposed hike in Vietnam’s Special Consumption Tax on beer to 100% by 2030 has raised concerns about its potential impact on the economy, labor market, and foreign investment.

particularly the two-percentage-point value added tax (VAT) cut, helped stimulate domestic consumption, which is one of the three primary drivers of economic growth. This year, the ministry will ...

Vietnam’s new vehicle market continued ... at 0% until 2026, while the special consumption tax will remain between 1% and 3%, as part of a broader package of incentives aimed at attracting ...

The draft Law on Special Consumption Tax ... Laos and Malaysia have already adopted similar taxes. In Vietnam, the ...