
Vietnam parliament approves hiking tax on alcoholic drinks to 90% by 2031
Economy 13:16 14/06/2025Vietnam's law-making National Assembly on Saturday approved a proposal to raise the special consumption tax on alcoholic beverages to 90 percent by 2031 from the current 65 percent, a move that will add to challenges facing the industry even though the top rate won't be as high as first flagged.

Vietnam tops SE Asia in alcohol consumption
Vietnam News 17:16 09/04/2025Vietnam has the highest alcohol consumption in Southeast Asia, and the third in Asia, with beer accounting for 97 percent of total alcohol consumption, according to the Ho Chi Minh City Center for Disease Control.