Beverage and tobacco prices in Vietnam increased by 0.69 percent in January, with alcohol prices rising by 0.8 percent and cigarette prices increasing by 0.7 percent, according to the Vietnam’s Consumer Price Index.
Non-alcoholic beverages also saw a price rise of 0.36 percent, contributing to the overall increase in this category. The upward trend reflects higher input costs and increased demand during the Lunar New Year period.
Beverage and tobacco prices in Vietnam are relatively affordable compared to many other countries, though they can vary depending on the type of product, the brand, and where it is purchased.
For beverages, Vietnam offers a wide variety of drinks, from local options like cà phê sữa đá (iced coffee with condensed milk) to international soft drinks and alcoholic beverages. Common soft drinks like Coca-Cola or Pepsi typically cost around VND 10,000 to VND 20,000 (about US$0.40 to US$0.80) for a 330ml can in local stores. In cafes or restaurants, prices may range from VND 15,000 to VND 30,000 (around US$0.60 to US$1.20).
Vietnam is known for its coffee culture, and the price of a cup of local coffee can range from VND 15,000 to VND 50,000 (US$0.60 to US$2) depending on the venue. Specialty or international-style coffees in cafes or Western-style establishments can cost between VND 50,000 and VND 100,000 (US$2 to US$4). A bottle of local beer, such as Bia Saigon or 333, can cost around VND 10,000 to VND 30,000 (US$0.40 to US$1.20) in convenience stores or local restaurants. Imported beers or international brands are generally more expensive, ranging from VND 40,000 to VND 70,000 (US$1.60 to US$3). Wine and spirits, especially imported brands, tend to be priced higher, with wine starting at around VND 200,000 (US$8) per bottle in local shops and higher in bars or restaurants.
Tobacco prices are generally lower in Vietnam compared to many Western countries, making smoking more affordable. However, public health campaigns and rising taxes are slowly increasing costs in some regions.
In summary, both beverage and tobacco prices in Vietnam remain affordable by global standards, with a wide range of options available for both local and international products, depending on where they are purchased and the specific brand or type.
See also: Food and Beverage Industry in Vietnam