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Vietnam's National Assembly has approved a proposal to raise the special consumption tax on alcoholic beverages to 90% by 2031 from the current 65%.

Vietnam's lawmakers approved raising the tax on beer and strong alcoholic beverages on Saturday to 90 percent by 2031 from the current 65 percent, state media said.

Vietnam is raising tax on beer and strong alcohol by as much as 90 percent by 2031. Photo from Bia Saigon Facebook page.

Vietnam's National Assembly on Saturday approved a plan to raise the special consumption tax on alcoholic drinks from 65% to 90% by 2031, a move aimed at curbing consumption but one that adds further ...

HANOI, Vietnam — Vietnam's lawmakers approved raising the tax on beer and strong alcoholic beverages on Saturday to 90 percent by 2031 from the current 65 percent, state media said.