-
Viet Nam’s National Assembly approved a revised Excise Tax Law on 14 June 2025, increasing taxes on tobacco and alcohol and introducing a new tax on sugar-sweetened beverages.
-
WHO praised Viet Nam’s move, highlighting it as a “win-win” for public health and government revenue, reducing harmful consumption while boosting productivity and long-term healthcare savings.
-
The tax reform supports national health goals, with projections showing tobacco-specific tax hikes could cut male smoking rates and eliminate over 3 million smokers by 2030.
Source: baochinhphu.vn
