According to Phapluat on August 8, Vietnam will propose to impose a special consumption tax on vapes in the draft amendment to the Special Consumption Tax Law.
According to the previous bill, Article 2 of the Special Consumption Tax Law of 2008 (amended by Article 1, Paragraph 1 of the Special Consumption Tax Amendment Law of 2014), the objects of taxation include cigarettes, cigars and other tobacco products used for smoking, sniffing, chewing, smelling and holding. The proposed draft stipulates that new tobacco products and their equipment, parts and components, and e-liquids are also included in the scope of taxation.
It is expected that at the 9th meeting in May 2025, the National Assembly of Vietnam will pass 12 laws and 01 resolutions.
The amendment to the Special Consumption Tax Law will be one of the 12 laws passed by the National Assembly in May 2025.
As a brand that focuses on the health and safety of users, Guutuu vapes has been committed to providing high-quality, regulatory-compliant vape products. In the face of the revision of Vietnam’s special consumption tax law, Guutuu vapes will actively cooperate with the implementation of relevant regulations to ensure that products meet regulatory requirements, while continuing to work on improving users’ health and environmental awareness.
The development of the vape market is inseparable from government supervision and tax policy support, and this move will also make the industry more standardized and orderly. Guutuu vapes calls on users to pay attention to new tax policy changes, choose products that meet regulatory requirements, jointly maintain market order, and protect users’ rights and health.
With the adjustment of the Vietnamese government’s vape tax policy, it is hoped that all sectors can work together to promote the healthy development of the vape market, provide users with safer and more reliable smoking alternatives, and help build a healthier and more sustainable social environment.
Tags: Vietnam vape tax,Special consumption tax on vapes,Guutuu vape