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.

A workshop took place in Hanoi on July 6 to share Japan’s experiences and policy suggestions for Vietnam in developing a roadmap to implement circular economy.

VOV.VN - The National Assembly Standing Committee, at its extraordinary session on July 6, approved the Government’s proposal on additional environmental protection tax cuts on petrol and oil in an attempt to cool down the domestic fuel market.

VOV.VN - An online trade exchange on the supporting industry is set to be held from July 5 to July 6 in order to help local businesses seek partners, grasp new market trends, and stay updated on the latest cutting-edge technologies.

VOV.VN - Paper cutting is an age-old art of the Nung Din ethnic minority in Muong Khuong district, Lao Cai province.

The Government has set the budget overspending cap in 2022-2023 at 1%-1.2% of the country’s gross domestic product (GDP), not exceeding VND240 trillion.

Tax and fee reductions have contributed to bringing inflation under control in Vietnam, according to Deputy Minister of Finance Vo Thanh Hung.

VOV.VN - Petrol prices tumbled more than VND1,000/litre on April 1 after environmental protection tax rates were axed by VND2,000/litre, which were in effect the same day.

Vietnam will need to cut taxes and fees, in addition to using the petroleum price stabilisation fund if petrol prices keep rising, said a leader from the Ministry of Industry and Trade (MoIT).

A new phytosanitary measure for Vietnam’s cut flowers exported to Australia was unveiled during a ceremony held on January 24.