soft drinks

Update news soft drinks

Finance Ministry again proposes special consumption tax on soft drinks

The Ministry of Finance (MoF) has again proposed that a special consumption tax be imposed on sugary drinks, excluding milk and nutritional drinks, in the latest draft amended Law on Special Consumption Tax.

Scandals shake up drinks sector

 VietNamNet Bridge – The beverage market has seen significant upheavals recently as big players like Number 1 Group and Suntory PepsiCo face scandals over their production quality.

Shopkeepers upset at new curbs on advertisements

VietNamNet Bridge – New restrictions in HCM City banning the use of brand logos or pictures of products on shop advertisements have stirred concern among shop owners.

Health group calls for 'sugar tax' to cut child obesity

 A "sugar tax" should be introduced by the UK government to help curb obesity in childhood, a campaign group says.

Luxury taxation on carbonated soft drinks not applauded by customers: surveys

Vietnamese consumers believe that fizzy soft drink manufacturers will raise their selling prices if the government imposes a luxury tax on the products. This means that the taxation would put a heavier burden on their scanty budgets.

BUSINESS IN BRIEF 2/3

New rules press VAMC to be more transparent; Steel production falls in January; Retail sales on upward trend in first two months; Draft law proposes new fat tax on carbonated soft drinks; FPT says will make vigorous steps abroad

New comer to trigger new battle on beverage market

 VietNamNet Bridge – Masan is just a “rookie” in the beverage market, but it is a name big enough for the experienced warriors to look out for.