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How to Export Clothing from Vietnam: Ultimate Guide 2024
How to Import Clothing Materials to Vietnam: Ultimate Guide 2024
How to Manufacture Clothing in Vietnam: Ultimate Guide 2024
How to Open a Data Centre in Vietnam: Ultimate Guide 2024
How to Start an Import Business in Vietnam: Ultimate Guide 2024
How to Export Food from Vietnam: Ultimate Guide 2024
How to Import Food into Vietnam: Ultimate Guide 2024
How to Start a Real Estate Business in Vietnam in 2024
How to Brew Beer in Vietnam: Ultimate Guide 2024
How to Make Video Games in Vietnam: Ultimate Guide 2024
How to Start an Export Business in Vietnam: Ultimate Guide 2024
How to Import Footwear Materials to Vietnam: Ultimate Guide 2024
How to Export Footwear from Vietnam: Ultimate Guide 2023
How to Manufacture Shoes in Vietnam: Ultimate Guide 2024
How to Set Up a Company in Vietnam: Technical Guide 2024
How to Start an English Centre in Vietnam: Ultimate Guide 2024
How to Open a Bar in Vietnam 2024: Ultimate Guide
How to Start a Business in Vietnam: Ultimate Guide 2024
How to Export Coffee from Vietnam: Ultimate Guide 2024
How to Import Coffee to Vietnam: Ultimate Guide 2024
Vietnam’s Healthcare Industry: Overview 2024
Vietnam’s Fabric Manufacturing Industry: Overview 2024
Vietnam’s Wood Manufacturing Industry: Overview 2024
Vietnam’s Yarn Manufacturing Industry: Overview 2024
Vietnam Garment Manufacturing: Industry Overview 2024
Vietnam Golf Industry: Overview 2024
Vietnam Wine Industry: Overview 2024
Vietnam Online Shopping: Industry Overview 2024
Vietnam’s Wind Power Industry: Overview 2024
Vietnam’s Coal Power Industry: Overview 2024
Vietnam’s Gas Power Industry: Overview 2024
Vietnam’s Solar Power Industry: Overview 2024
Vietnam’s Music Industry: Overview 2024
Vietnam’s Publishing Industry: Overview 2024
Vietnam’s Advertising industry: Overview 2024
Vietnam’s Agriculture Industry: Overview 2024
Construction Industry in Vietnam: Overview 2024
Vietnam’s Supplements Market: Overview 2024
Vietnam’s Auto-Insurance Industry: Overview 2024
Vietnam’s Life Insurance Industry: Overview 2024
The article goes on to canvas the opinions of a range of industry groups but there does not appear to have be any analysis of the cost savings from a reduction in alcohol related illnesses and road deaths and property damage caused by drunk drivers nor how the funds collected might be redistributed…
In Vietnam, liquor licences are mandatory for businesses involved in the production, distribution, retail, or import/export of alcoholic beverages. The licensing process is regulated by the Ministry of Industry and Trade (MOIT) and other relevant authorities depending on the type and scale of the business. Vietnam has specific regulations for different types of alcoholic products, such as beer, wine, and spirits. Obtaining a liquor licence is essential for legal compliance and ensures that businesses adhere to safety, taxation, and distribution laws.
The World Bank reportedly does not believe the current tax increase slated for beer and wine in Vietnam are sufficient–The Ministry of Finance has a plan on the table to increase the SCT to 90 percent for beer and between 60 to 100 percent for wine and liquor. This would be an increase from 65 percent on beer and between 35 and 65 percent for wine and hard liquor depending on the alcohol content…
Of note, major beer makers in Vietnam, including the makers of the popular Beer Saigon and Beer Hanoi brands reported falling profits in 2023. A crackdown on drink-driving has partially been blamed alongside the pending increase in taxes on alcoholic beverages–though nothing has been confirmed and its not clear how a future tax increase might have influenced last years sales.
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