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News & Insights


The Government has agreed with the MoF about the suggested 2% reduction in VAT
The Government has agreed with the Ministry of Finance (MoF)’s proposal on a plan to reduce taxes, fees, and charges for 2023
Apr 19, 2023


MoF propose fixed environmental fuel tax for an entire year
Ministry of Finance has proposed the government to set environmental fuel tax at its floor limit for another year.
Dec 12, 2022


Gasoline market under operating pressure before November 21
Due in part to Nghi Son Refinery & Petrochemical's financial and capital losses, people are still struggling to buy gasoline.
Nov 16, 2022


MoF will forego nearly VND33.5 trillion from the cut tax on kerosene and petroleum products
The Vietnamese Government has cut and waived taxes and fees worth over VND233 trillion (US$9.4 billion) in 2022.
Oct 28, 2022


MoF has proposed a reduction of tariff on a number of petrol products from 20 % to 10 %
The Ministry of Finance (MoF) has proposed a reduction of the most favored nation (MFN) tariff on a number of petrol products widely
Sep 15, 2022
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