Vietnam had previously signed free trade agreements with the European Union, Australia, and New Zealand in 2018 and 2019, leading to the gradual elimination of tariffs on wine. However, the 60% excise tax could negate the benefits of these agreements. Read More
Wine
China’s new generation of young couples is opting for milk tea instead of alcohol at their weddings — a growing trend gaining traction across social media.
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South African wine could be the next to enjoy zero-tariff access to China under a sweeping new trade policy that Beijing has proposed this week for 53 African countries. Read More
Treasury Wine Estates has launched a A$15 million dedicated facility for low- and no-alcohol wine production in South Australia’s Barossa Valley, marking a major investment in the growing global demand for lower-alcohol alternatives. Read More
How much alcohol are people in Hong Kong drinking? Which drinks are falling out of favour, and which ones are bouncing back? We crunched the numbers from the past 20 years—so you don’t have to. Read More
Will the latest alcohol ban for Party and government meals spur home consumption and non-alcoholic sales? We talked to experts to find out. Read More
The shortfall, compounded by the conspicuous absence of key buyers from mainland China and Hong Kong, casts a spotlight on shifting regional priorities and rising cost concerns surrounding the fair. Read More
Leading producers including Silver Heights, Xige Estate, Legacy Peak, and DEVO Winery shared insights on their 2024 export performance, international ambitions, and the hurdles that remain. Read More
China’s appetite for crisp, refreshing wines is fueling a surge in demand for New Zealand Sauvignon Blanc, which is outperforming across major retail and on-demand platforms. Read More
Wine is expected to be the only major alcohol category to shrink in volume over the next decade, even as the global beverage alcohol market adds US$34 billion in value, according to new forecasts from IWSR. Read More