Despite the emerging opportunities in the recycling industry, Vietnamese businesses are facing challenges in harnessing these prospects, putting them at risk of losing market share domestically.
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.
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.
Le Cong Thanh, deputy minister of the Ministry of Natural Resources and Environment (MONRE) and Le Ngoc Lam, BIDV’s Chief Executive Officer, last week signed a Memorandum of Understanding (MOU) on cooperation in promoting green finance, sustainable development, environmental protection...
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.
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.
The importance of maritime safety and environmental protection in Asia was highlighted at the 27th Annual Executive Committee meeting (EC27) in Phu Quoc, the southern province of Kien Giang on Wednesday.
Enterprises of all sizes should adopt sustainable development practices and models that include a focus on economic, social and environmental protection.
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.
Vietnamese firms should increase their awareness of environmental protection to achieve sustainable development amidst rapid global integration, heard a forum in Ha Noi on Tuesday.
Vietnamese firms should focus on environmental protection and corporate social responsibility when investing abroad to develop sustainably and promote the socio-economic development of their host countries, experts have urged.
Increases in environmental protection taxes on petroleum from the beginning of next year would weigh heavily on inflation, especially as fuel prices rise worldwide, according to the Viet Nam Institute For Economic and Policy Research (VEPR).
Environmental protection taxes on petroleum products will be increased from January 1, 2019, according to a resolution issued by the National Assembly Standing Committee.