Prices of petrol hold, oil down 520-960 VND per litre from January 11
In the latest petrol price adjustment on January 11, the price of petrol remained unchanged compared with those of the last adjustment.
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Jan 4, 2023
Environmental fuel tax to stay fixed until the end of the year
Environmental tax on gasoline (except for ethanol, which has already been taxed at a minimum level) for the year will stay at VNĐ2,000/litre
Dec 12, 2022
Gasoline price dropped sharply, nearly 21,000 VND/liter
RON 95-III gasoline (a common type of gasoline sold on the market) decreased by 1,500 VND/liter, to VND21,200
Oct 27, 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.
Sep 28, 2022
MoF has proposed to 50% cut the excise tax on fuels and value-added taxes on all petroleum products
The tax cut is scheduled to take effect in six months, subject to the approval of the Standing Committee of the National Assembly.
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