fuel import

Update news fuel import

Vietnam's fuel imports surge to $13.88 billion in first half of 2024

Vietnam's fuel import expenditure has soared, with the country importing 47.25 million tons of fuel worth $13.88 billion in the first half of 2024. This marks a rise of 29.9% in volume and 14.1% in value compared to the same period last year.

MFN tariff on gasoline lowered to 10%

The Government has given the nod to halve the most-favored-nation (MFN) import tariff on unleaded gasoline to 10% from the current 20%.