Vietnam’s legislature is closer to discussing an excise tax on beverages, which could drastically affect beers and spirits businesses depending on what direction is taken.
International experiences hint that applying an excise tax on sugary beverages is not an effective measure in controlling and reducing the rate of overweight, obesity, and non-communicable diseases.
Industry insiders claim there is no evidence that imposing an excise tax on sugary drinks will reduce consumption, and such a move requires more comprehensive assessment.
Commercial banks in Vietnam are grappling with rising loans and regulatory gaps, especially concerning debt recovery and managing real estate collateral, and highlighting the urgent need for clearer ...