Beer prices in Vietnam are still cheap?

Taxes are a factor that greatly affects Vietnamese beer prices. According to Insider Monkey, many countries currently impose very high taxes on beer to prevent alcohol abuse and protect consumers' health. Currently, the country with the highest beer tax in the world is Egypt with a tax rate of up to 71.55%. However, despite the high tax rate, Egyptian beer prices only fluctuate between 35-70 EGP per can of beer, equivalent to 18,000 - 35,000 VND. Norway is the second country in the world with a beer tax rate of up to 60%. Beer prices in Norway average 100,000 VND/can. Ranked third in the world, the beer tax rate in Sweden is 58.51%, followed by Myanmar with a tax rate of 57.24%. Ranked fifth in the world with the highest beer tax is Türkiye with 51.39%. A country in Southeast Asia, the Philippines, has a beer tax rate of up to 40.64%. The average price of beer in this country is about VND28,000/can. According to market research firm Statista (Germany), in 2023, the average retail ...