tax increase

Update news tax increase

Players take sides in drink tax discussion

The beverage sector has called for a delay in Vietnam’s proposed tax increase on alcohol as the industry is at risk from high inflation, increased material costs, and low demand.

A degree of discomfort

Vietnam’s business sector seems largely uneasy about what the effects of increasing VAT rates and new SCT targets may be.

Taxing times

Moves by taxation authorities to increase several taxes and in turn increase the State budget must be carefully implemented to ensure the health of Vietnam’s economy and its business community.