NA Standing Committee discusses draft resolution on fuel tax cuts

Thursday, Apr 09, 2026

Under the proposal, the environmental protection tax on petrol (excluding ethanol), diesel, aviation fuel, kerosene and mazut will be reduced to zero Vietnamese đồng per litre.

MoF proposes fuel tax cut for 2024

Wednesday, Oct 18, 2023

The tax cut has been praised by economists and the business community as one of the more practical and most efficient support policies by the government for economic recovery post-COVID-19.

Environmental fuel tax to stay fixed until the end of the year

Wednesday, Jan 04, 2023

Environmental tax on fuel has been set to a fixed amount from now until the end of 2023 in an attempt to stabilise fuel prices in the domestic market and check inflation, according to a new decree issued by the...

MoF propose fixed environmental fuel tax for an entire year

Monday, Dec 12, 2022

Ministry of Finance has proposed the government to set environmental fuel tax at its floor limit for another year.

State budget faces $1.4 billion drop from fuel tax cuts

Thursday, Jul 07, 2022

Measures taken to bring down petrol prices could reduce State budget collection by VND32.5 trillion (US$1.4 billion) this year, according to deputy minister of finance Nguyen Duc Chi.