Vietnam Parliament Approves Hiking Tax Alcoholic Drinks 90 By 2031 2025 06 14
Reuters19 hrs
These tax hikes are necessary public health measures that will save lives and reduce health care costs. Vietnam faces a serious alcohol crisis, with 41,000 annual deaths, and these gradual increases give consumers time to adapt while steering them toward healthier choices. The WHO's strong endorsement validates this approach.
Vietnam's drinking culture runs too deep to be uprooted by policy alone, and these measures represent more of a speed bump than a roadblock for the industry. The gradual implementation helps consumers adapt, and behavioral shifts toward home consumption were already underway before these tax changes took effect.