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Monday, December 8, 2025

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Fuel environment tax cut from Jan 1, 2024

HCMC – The National Assembly Standing Committee has issued a resolution to cut the environmental protection tax on fuel by 50%. This resolution comes...

Fuel environment tax cut proposed for extension into next year

HCMC – The Ministry of Finance has proposed extending the environment protection tax cut on fuel into 2024 to keep fuel prices stable. The Ministry...

South Korea is Vietnam’s largest fuel supplier

 Vietnam has imported more than eight million cubic meters of fuel in the first nine months of the year, with the largest share coming...

Special consumption tax on gasoline still in place

HCMC - The Ministry of Finance refused to lift the special consumption tax on gasoline at the second extraordinary meeting as the country fights...

Nearly US$7.4 billion spent on fuel imports from Jan-Oct

HCMC – Vietnam spent some US$7.4 billion importing 7.12 million tons of oil and gasoline products between January and October, up 22.7% in volume...

NA deputies say relevant ministries must bear responsibility for fuel dearth

HCMC - The ongoing short supply of gasoline on the local market is an unusual phenomenon, requiring higher responsibility from the relevant ministries and...

Import duty cut proposed for ethanol, other petroleum liquids

HCMC – The Ministry of Finance (MOF) has proposed cutting the most-favored-nation (MFN) import duty to 10% ethanol and petroleum liquids which have different octane...

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