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.

VOV.VN - The Ministry of Construction has instructed the Civil Aviation Authority of Vietnam (CAAV) to develop operational scenarios for the aviation sector amid volatile Jet A1 fuel prices and potential supply disruptions.

The Ministry of Transport has proposed increase ceiling airfares for domestic flight routes of over 500km by VND50,000 – 250,000 after eight years of being unchanged.

The National Assembly Standing Committee on December 10 passed a resolution on the new environment tax rate on jet fuel in 2021, under which the rate will be VND2,100 per litre, down 30%.