HANOI (Xinhua): Vietnam's National Assembly on Saturday passed the amended Law on Special Consumption Tax, approving for the first time an excise tax on sugary drinks, the Vietnam News Agency reported.
Under the revised law, drinks containing more than 5 grams of sugar per 100 ml will be taxed at 0 per cent in 2026, 8 per cent from January 2027, and 10 per cent starting in 2028.
