Ministry of Finance (MoF) is still determined upon its proposal to raise excise taxes on some items such as soft drinks, tobacco despite many objections raised by the ministries.
The Chamber of Commerce and Industry of Vietnam (VCCI) proposed that the imposition of excise tax on soft drinks should be postponed until there is a comprehensive study which presents fully the effectiveness of excise tax imposition on obesity reduction in Vietnam.
The imposition of both environmental protection tax (EPT) and excise tax on "all types of petroleum products" is not reasonable.
Although car import tax will be reduced, the excise tax is proposed to be highly raised, impeding the free international trade.
When the excise tax on beer increased to 65%, consumer will be charged 45.9% of the tax on a bottle of beer
