Vietnam govt proposes special consumption tax on sugary drinks

Customers buying sugar beverages at a supermarket in Hanoi. A new tax on sugary drinks could bring positive change to the rapidly increasing issues of growing obesity in Vietnam. — Vietnam News/Ann File

HANOI: The Ministry of Finance (MoF) has proposed imposing a special consumption tax on sugary beverages.

In the latest draft of the Law on Special Consumption Tax sent to the Ministry of Justice for appraisal, the MoF has stuck with its proposal for a special consumption tax on sugary beverages, nutritional drinks and some other products, excluding milk.