petrol tax

Update news petrol tax

Vietnam considers electricity price cuts, zero petrol excise tax from November

Vietnam is considering lowering retail electricity prices and cutting the special consumption tax on petrol to zero from November 1, 2026, to March 31, 2027, to ease costs for households and businesses and support social welfare.

Petrol tax an unnecessary burden fro firms and citizens: experts

 VietNamNet Bridge – The Ministry of Finance is launching a plan to put a tax charge on anyone who buys petrol.

Public displeased with MOF’s tariff hike on petrol imports

VietNamNet Bridge – The Ministry of Finance (MOF) has raised the tariff on petroleum imports twice within one month in an effort to balance state revenue, but experts have disagreed with the decision.