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