Deputy Phạm Trọng Nhân (TP.HCM delegation) said scrapping alcohol business licences without an effective traceability system is like “replacing a lock with a promise.” Under the Investment Law passed in August, from 1 March 2027 alcohol business will no longer be a conditional business line and will be managed like food, yet the 2019 Law on Prevention of Harm from Alcohol Abuse still requires licences for industrial alcohol production and sales of spirits at 5.5 degrees or higher. He proposed returning alcohol trade to the conditional business list, with electronic licensing and risk-based post-inspection. On new tobacco products, he argued the Investment Law's provisions act as a “back door,” since nicotine pouches and shisha are not on its ban list even though the draft Law on Tobacco Harm Prevention bans their production and trade. He urged that the ban list by product group be written directly into the law rather than delegated to the Government.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Đại biểu Quốc hội: Bỏ giấy phép kinh doanh rượu như 'thay ổ khóa bằng lời hứa'
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
SAB
• NeutralSABECO
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Food & Beverage |
| Industry | Brewers |
| Market cap | 54,381 bn VND |
| P/E | 11.7 |
| P/B | 2.62 |
| Close on 10/30/2026 | 42.40 |
| Change that session | +0.24% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Altria Group, Inc. Q3 2026 Earnings Call Summary
- Want Income for Life? Philip Morris International Yields 3.2% and Has the Kind of Competitive Moat That Makes the Income Durable.
Philip Morris International yields 3.2% and has raised its dividend every year since its 2008 listing, with its latest increase at 8.8%. Its cigarette volumes held flat in the third quarter of 2026, while Altria's domestic cigarette volume fell 3.2%, and organic gross profit from combustibles rose 7.4% on pricing power. Reduced-risk products such as oral nicotine pouches, vapes and heat-not-burn devices accounted for 42% of net revenue in the first nine months of 2026. The company's cash payout ratio is about 67%, and free cash flow has trended upward despite heavy investment in Swedish Match and Zyn capacity. Analysts expect earnings to grow nearly 9% a year over the next three to five years.
- Meet the Ultra-High-Yield Dividend Stock That Has Doubled the S&P 500's Returns This Year
Altria (MO) was up 28% through the October 12 close in 2026, compared with 13% for the S&P 500, even though it is known as a dividend stock. At the current share price, its yield is 5.8%, more than 5.5 times the yield of an S&P 500 ETF, and its dividend increase streak stands at 57 consecutive years. The article notes that falling smoking rates (9.9% of U.S. adults, the lowest on record) are partly offset by steady price increases, though adjusted EPS grew only 2.8% year over year in the second quarter, down from 7.3% in the first. Its on! nicotine pouches are gaining distribution but still trail Philip Morris International's Zyn. The article concludes that Altria is a solid option for income-seeking investors, but not a foolproof investment.
- Altria’s Stock Has a Surprising 10-Year Return. Dividends Tell the Story
A $1,000 investment in Altria over 10 years, with reinvested dividends, grew to $2,312.10, a total return of 131.21% and an annualized return of 8.74%, versus 261.25% for the S&P 500. Excluding dividends, the share price gain was only 15.9% from $63.70 in October 2016, and reinvested dividends made up about 88% of the total gain. The company wrote down its JUUL stake and NJOY acquisition, leading to $2.2B in non-cash impairments in 2025, while domestic cigarette volumes fell 10.0%. The quarterly dividend rose from $0.61 in late 2016 to $1.11 in September 2026, and the stock at $73.90 sits above the $70 average analyst target. The article presents Altria mainly as an income stock that may lag the broader market.
- Philip Morris International Reports 2026 Third-Quarter & First Nine-Months Results and Updates 2026 Full-Year Adjusted Diluted EPS Forecast for Currency Only
Philip Morris International reported third-quarter 2026 reported diluted EPS of $2.12, down 4.9% mainly due to a non-cash fair value adjustment on equity investments, while adjusted diluted EPS rose 5.4% to $2.36. Net revenues grew 5.5% (7.1% organically) to $11.4 billion, a quarterly record, with operating income up 14.1% and smoke-free products making up more than 40% of revenue. Shipments rose 0.6%, supported by a 2.7% increase in smoke-free products, with IQOS heat-not-burn shipments up 1.5% to 41.5 billion units. Oral smoke-free volumes turned positive, rising 0.5%, as modern oral grew 20.6%, and VEEV e-vapor shipments jumped 61.6%.
- Investors Fined for Manipulating Kido Shares
Three investors were fined a total of 4.5 billion dong for manipulating shares of Kido (KDC) and for lending accounts used in the manipulation. Under the State Securities Commission's decision dated 28/10/2026, Thang Phú Minh, Lâm Thúy Hằng and Dương Thái Phương Thảo were each fined 1.5 billion dong for using 61 accounts to trade KDC shares repeatedly between 2/5/2024 and 6/1/2025, creating artificial supply and demand. The three are also banned for two years from trading securities and from holding positions at securities firms and fund managers in Vietnam, effective 2/11/2026. Separately, 17 individuals who lent their accounts were suspended from trading for nine months and face the same two-year bans, though no illegal gains were identified for them.
Related markets
Latest news
- Is Australia selling its ANZAC frigate shipyard to China?
The Williamstown shipyard, the last in Victoria able to build and maintain large naval vessels and located near Port of Melbourne, is being sold to EMKC, a property fund manager partly owned by Hong Kong's EMKC Group. A company representative confirmed the purchase contract has been signed, with the value undisclosed, though the site had been listed in 2024 at an estimated AUD 200 million. The deal has raised national security concerns, as the article notes that China's national security and foreign relations law could draw interest from its intelligence agencies, and it is unclear whether the Hong Kong company holds a majority stake. The yard built all 10 ANZAC-class frigates, but most staff were laid off after its last ship was completed in 2016. The sale comes as Australia replaces ANZAC frigates with Japan's New FFM design.
- Asia stocks rise as tech gains ahead of Apple results
Most Asian stocks rose on Monday, led by technology shares, as easing oil prices supported risk appetite while investors awaited Apple's quarterly results amid concerns over heavy AI infrastructure spending. South Korea's KOSPI jumped 2.6%, with SK Hynix up 4% and Samsung Electronics up 1.5%, while Japan's Nikkei 225 pared early losses to gain 0.4%. Intel's nearly 29% plunge on Friday after a disappointing profit outlook had raised concerns about semiconductor and other AI-related earnings. Brent crude fell 2% to $111.15 a barrel and U.S. crude dropped 2.3% to $101.73 as diplomatic efforts to end the U.S.-Israeli war on Iran continued. Australia's S&P/ASX 200 bucked the trend with a 0.5% fall ahead of a Reserve Bank of Australia decision on Tuesday, where a 25 basis point hike to 4.85% is widely expected, its fifth increase this year, after inflation accelerated to 4.3% in September.
- Can SpaceX Overcome the AI Trade Sell-Off?
AI stocks have sold off as investors demand proof that huge AI infrastructure spending will pay off, with results so far mixed. SpaceX's AI sales surged 830% to $7.6 billion in the third quarter, accounting for 52% of total revenue, but capex jumped 185% to $19.6 billion, with 83% allocated to AI. Its Starlink business grew 69% to $5.2 billion, and the company expects capex of up to $40 billion this year. The stock is down about 5% from its $150 opening price and remains below its IPO price, while Alphabet fell about 10% after capex of $51.3 billion and missed sales and earnings estimates. The author considers that investor skepticism about capex could weigh on SpaceX's shares for a while.
- Gold and silver prices today, November 2: Phu Quy, SJC, Bao Tin Manh Hai all update new prices
Domestic gold and silver prices edged up on the morning of November 2, 2026, after a steep decline at the end of October. SJC gold bars at Phu Quy, SJC and Bao Tin Manh Hai were quoted at 135.5–137 million VND per tael to buy and 140 million VND to sell, with Bao Tin Manh Hai's SJC price up 0.1 million VND from the previous session. The SJC sell price is still 4.8 million VND below the October peak of 144.8 million VND. Internationally, spot gold rose to 3,907.35 USD per ounce, and the article cites safe-haven demand and bottom-fishing buying as support near 3,900 USD per ounce. Phu Quy 999 silver bars (1 tael) were quoted at 1.587 million VND to buy and 1.636 million VND to sell.
- Steps down as SACOMBANK General Director, where will Mr. Loic Faussier take up his new role?
On the morning of November 2, SACOMBANK announced senior personnel changes. Its Board of Directors appointed Ms. Nguyen Thi Kieu Anh, a Deputy General Director, as Acting General Director effective November 2, 2026. At the same time, Mr. Loic Faussier stepped down as General Director and will continue with the bank as a Senior Adviser to the Board of Directors. Mr. Faussier joined SACOMBANK in March 2026 as Deputy General Director for risk management, legal and compliance, was named Acting General Director on April 22, and was formally appointed General Director on July 10, 2026 after State Bank of Vietnam approval. He has more than 27 years of experience in finance and banking, including senior roles at HSBC Vietnam, VIB and SeABank.
- The FDI race heats up as the Philippines, Malaysia and India join the competition: What does Finance Minister Ngô Văn Tuấn say about Vietnam's target of attracting 30-40 billion USD a year in disbursed capital?
Finance Minister Ngô Văn Tuấn told the National Assembly, while explaining the draft amendment to the Law on Investment, that competition among countries to attract investment is fierce. He cited the Philippines, Malaysia and India, which are offering incentives in sectors overlapping with Vietnam, such as electronics, computers, phones, semiconductors and digital transformation. Vietnam needs to attract an average of about 30-40 billion USD in disbursed FDI capital per year to reach growth of 10% or more, and total social investment must rise about 2.21 times compared with 2021-2025. The draft focuses incentives on high technology, innovation, digital transformation and technology transfer, ties support to measurable outputs, and sets clear conditions for ending incentives if investors fail to meet their commitments.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.