Vietnam Approves Increasing Alcohol Excise Tax to 90% by 2031

June 14, 2025, 6:01 AM UTC

Vietnam’s National Assembly adopts a law to raise alcohol excise tax to 70% by 2027 and 90% by 2031, according to the parliament.

* The new tax law will be effective from January 2026

To contact the reporter on this story:
Nguyen Dieu Tu Uyen in Hanoi at uyen1@bloomberg.net

To contact the editor responsible for this story:
Stanley James at sjames8@bloomberg.net

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