HCMC – The Vietnamese Government has decided to extend a 0% most-favored-nation (MFN) import tariff on select fuel products and production inputs until June 30, under Resolution No. 25/2026/NQ-CP issued on April 30.
The move is aimed at helping stabilize the domestic fuel market, ensure energy security, and support macroeconomic stability amid ongoing global uncertainties.
Under the resolution, the Government approved a two-month extension of Decree No. 72/2026/ND-CP, which had been set to expire on April 30. The 0% MFN import tax rate will continue to apply to certain fuel production inputs, including products classified under HS codes 2710.19.20 (light oils stripped of lighter fractions), 2710.19.89 (other medium oils and preparations), and 2711.19.00 (other gases).
The resolution takes effect from May 1 through June 30, 2026. During this period, in cases where discrepancies arise between this resolution and Decree No. 26/2023/ND-CP, Vietnam’s base schedule of export and preferential import tariffs, or its amendments, the latest preferential rates stipulated in the new resolution will prevail.
From July 1, once the resolution expires, import tariffs on the specified fuel products and inputs will revert to the rates outlined in Decree No. 26/2023/NĐ-CP. According to the Ministry of Finance, maintaining the policy will help control input costs for fuel production, thereby contributing to sustainable economic growth.
