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