Special consumption tax on alcoholic beverages could double by 2030: MoF

Representatives from businesses and governmental agencies voiced their opinions and concerns over the new draft law on Việt Nam's special consumption tax during a workshop organised by the Vietnam Chamber of Commerce and Industry (VCCI) and the Vietnam Beer - Alcohol - Beverage Association (VBA).

Strong measures needed to avoid bad debt rise

Despite believing the extension of debt repayment period is necessary in the short term, experts are also concerned, especially when this regulation expires, as it will create great pressure on the banking system because bad debts are not accurately reflected.

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