A range of taxes on petrol, oil, and aviation fuel have been reduced to 0% under Resolution No. 19/2026/QH16 of the National Assembly, effective from 00:00 on April 16 through June 30, 2026.

VOV.VN - The Ministry of Finance has proposed extending the current zero-tax policy on several fuel-related taxes until June 30, 2026, in a bid to cope with volatile global energy markets and support domestic economic stability.

Vietnam has temporarily cut environmental protection tax on petrol, diesel and jet fuel to zero under a decision signed by Prime Minister Pham Minh Chinh, as the Government moves to stabilise the domestic fuel market and safeguard energy security.

Measures taken to bring down petrol prices could reduce State budget collection by VND32.5 trillion (US$1.4 billion) this year, according to Deputy Minister of Finance Nguyen Duc Chi.