Subscription Plans

Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.

Subscription Plans

Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Wednesday, December 25, 2024

VCCI proposes erasing excise tax on gasoline

The Saigon Times

Must read

HCMC – The Vietnam Chamber of Commerce and Industry (VCCI) has proposed the Ministry of Finance study the impact of eliminating excise tax on petrol and report it to the National Assembly at the next sitting.

VCCI made the proposal for the long-term growth, after garnering feedback and opinions from experts and enterprises, according to its recent dispatch sent to the ministry to give feedback to a draft resolution on reducing the environment tax on fuels.

Eliminating the excise tax and reducing the environment tax and import duties on fuels are aimed at controlling inflation, maintaining the macroeconomic stability, supporting companies and helping the post-pandemic economic recovery, according to VCCI.

Associate Professor Dr Nguyen Thuong Lang from the National Economics University told Nguoi Lao Dong Online that it is necessary to temporarily stop collecting the excise tax on gasoline and other oil products due to their soaring prices.

The ministries of Industry-Trade and Finance on June 21 decided to hike the domestic fuel retail prices for the seventh straight time this year. The bio-fuel E5 RON92 price rose by VND190 per liter to VND31,300, while the RON95 petrol price jumped by VND500 to VND32,870 per liter.

Fuels are now subject to a 7-10% special consumption tax.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles