Tag: fuel taxes
Vietnam cuts fuel taxes to zero till April 15 to stabilise energy market
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.
State budget faces US$1.4 billion drop from fuel tax cuts
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.
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