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Tags: fuel

National Assembly temporarily removes fuel taxes through June

National Assembly temporarily removes fuel taxes through June

Economy 13/04/2026 07:01

VGP - The National Assembly (NA) on Sunday passed a landmark resolution reducing taxes on gasoline and oil to zero until the end of June in a bid to stabilize domestic fuel prices amid volatile global energy market.

Finance ministry proposes extending fuel tax exemption by end of June

Finance ministry proposes extending fuel tax exemption by end of June

Society 31/03/2026 09:44

VGP - The Ministry of Finance is drafting a Resolution to extend the current tax exemption for gasoline (excluding ethanol), diesel fuel and aviation fuel till June 30 this year.

Gov’t advances over US$303 million to stabilize energy prices

Gov’t advances over US$303 million to stabilize energy prices

Society 29/03/2026 09:48

VGP - Prime Minister Pham Minh Chinh has approved an advance funding of VND8 trillion (US$303.74 million) central budget to the Petrol Prrice Stabilization Fund in a bid to curb energy price hikes.

Viet Nam seeks to diversify oil import sources amid Middle East conflict

Viet Nam seeks to diversify oil import sources amid Middle East conflict

Economy 10/03/2026 21:51

VGP - Prime Minister Pham Minh Chinh on Tuesday calls for diversifying oil import sources in a bid to ensure national energy security in the face of tensions caused by the military conflict in the Middle East.

Viet Nam secures oil supplies amid fuel shortage concern

Viet Nam secures oil supplies amid fuel shortage concern

Economy 10/03/2026 16:18

VGP - Viet Nam has mobilized about four million barrels of oil from partners to ensure short-term supplies amid public concerns about fuel shortages, said Prime Minister Pham Minh Chinh.

Gov’t removes fuel tariffs to stabilize supply amid Middle East tensions

Gov’t removes fuel tariffs to stabilize supply amid Middle East tensions

Policies 10/03/2026 14:42

VGP - The Government has decided to remove import tariffs on certain fuel products to ensure supplies amid rising tensions in the Middle East, according to Decree No. 72/2026/ND-CP.

Finance ministry proposes extending environmental tax cut on fuel products in 2025

Finance ministry proposes extending environmental tax cut on fuel products in 2025

Policies 05/11/2024 15:27

VGP - The Ministry of Finance has proposed to continue 50 percent reduction in environmental tax on gasoline (excluding ethanol), oil, and lubricants until the end of 2025 to spur economic growth.

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