Ministry plans to increase environmental protection tax on non-biodegradable packaging

Wednesday, Mar 08, 2023

Expanding the tax base and increasing environmental protection tax on non-biodegradable packaging materials would be considered with an aim to limit the use of these materials.

MoF proposes further environmental tax cut for petrol

Wednesday, Jun 22, 2022

To control increases in petrol prices, the Ministry of Finance has proposed to reduce the environmental protection tax for petrol products to the floor level. Deputy Minister of Finance Ta Anh Tuan speaks to local media about this issue.

Petrol price may go down substantially in April

Monday, Mar 28, 2022

Petrol price is expected to go down substantially from April after the National Assembly on March 23 passed the resolution on reduction of environmental protection tax rates on petroleum products.

Environmental protection tax on jet fuel to be cut by half in 2022

Friday, Dec 31, 2021

All National Assembly (NA) deputies on Friday agreed to reduce the environmental protection tax on jet fuel by half starting from today as the aviation sector has been severely hit by COVID-19.

Finance ministry wants to cut 30 per cent of environment protection tax on jet fuel

Tuesday, Jun 09, 2020

The Ministry of Finance has proposed to cut environmental protection tax on jet fuel by 30 per cent, from VND3,000 to VND2,100 per litre.

Gov't may withdraw environmental tax hike proposal

Friday, Mar 15, 2019

The Government is considering withdrawing a proposal from the finance ministry to increase environmental taxes on fuel products to the maximum of VND8,000 (US$0.35), stating the move requires further consideration.

MoF mulls increasing green tax

Thursday, May 17, 2018

The Ministry of Finance (MoF) has proposed increasing environmental protection tax on gasoline from the current VND3,000 to ceiling level of VND4,000 per litre, to help raise the State budget.

Backlash on MoF tax plan

Monday, May 14, 2018

Experts’ opinions on the Ministry of Finance''s (MoF) tax adjustment draft proved to be mixed, while the business community struggles to keep up with the variety of newly proposed tax hikes.

CPI under control after tax hike: MoF

Wednesday, Apr 04, 2018

The Ministry of Finance (MoF) said the ministries and localities supported its proposal to raise environmental protection tax on oil and petroleum products.

Environmental tax hike rejected

Friday, Sep 15, 2017

The National Assembly Standing Committee has not approved the Ministry of Finance’s proposal to almost triple the environmental protection tax on oil and gas consumption, citing potential harm to consumers.

Green tax hike on petrol

Monday, Jul 24, 2017

The Ministry of Finance (MoF) is going ahead with its plan to increase environmental protection tax on petroleum from the current VND1,000-4,000 to VND3,000-8,000 per litre, despite objections from other ministries and the public.

Linkages weak among local, foreign firms

Monday, Jul 03, 2017

According to a survey by the Viet Nam Chamber of Commerce and Industry last year, only 14 per cent of private Vietnamese businesses had foreign-owned businesses as clients.  

VINPA supports petrol tax hikes proposed by MoF

Wednesday, Jun 21, 2017

The Viet Nam Petroleum Association (VINPA) has sent a document to the Ministry of Finance (MoF) in support of the ministry’s proposal to increase the environmental protection tax on oil and gas consumption.

Environmental tax hike a cause for concern

Thursday, Jan 19, 2017

Lao Dong (Labour) and Tin Tuc (News) newspapers discussed the issue with Vu Khac Liem, deputy director of the ministry’s Tax Policies Department and Truong Minh Hoang, vice chair of  the NA Committee for Science, Technology and Environment.

Ministry proposes tax hikes on petrol, plastic bags

Tuesday, Jan 17, 2017

The Ministry of Finance has proposed, in a draft law, to almost triple the environmental protection tax on oil and gas consumption from the current VND3,000 (US$0.13) to VND8,000 per litre.