DTiNews
  1. VIETNAM TODAY

Vietnam extends zero fuel import tax through June

Vietnam’s government has extended a temporary zero preferential import tax on certain fuel and fuel-production materials until June 30 beyond its original April expiry.

The extension was approved under a new government resolution issued this week.

The tax cut was first introduced under Decree No. 72 dated March 9, 2026, which lowered preferential import tariffs on selected petroleum products and fuel-production inputs to zero through April 30.

Under the new resolution, the policy will remain in effect for an additional two months.

Products subject to the zero tariff include certain petroleum feedstocks and fuel-production materials such as partly refined crude oil and intermediate petroleum products.

From July 1, preferential import tax rates on fuel and related inputs will revert to levels stipulated under Decree No. 26/2023, the government said.

The Ministry of Finance said the extension was intended to help stabilise the domestic fuel market and ensure energy security amid continued global uncertainty.

The measure is also aimed at supporting macroeconomic stability and helping maintain economic growth targets, the ministry added.

Source: Dtinews
More news
Hanoi braces for severe heatwave

Hanoi braces for severe heatwave

Hanoi is expected to experience temperatures of 35-37 degrees Celsius through July 17, with forecasters warning of increased risks of heatstroke,...
Hanoi clears most informal markets

Hanoi clears most informal markets

Hanoi has dismantled 216 of 231 informal street markets and unlicensed trading areas under a citywide campaign to improve urban order and traffic...
Loading...