
Vietnam Cuts Fuel Tax to Zero, Petrol Prices Fall Significantly
Vietnam has temporarily reduced its fuel tax to zero to alleviate burdens on citizens and businesses, resulting in a price drop of up to 1,800 VND per liter for petrol. This measure aims to curb inflation and support economic activity.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Vietnam Grapples with Economic Gains vs. Invasive Species Control
In Vietnam, the control of invasive golden apple snails (Ốc bươu vàng) is intertwined with economic opportunities, as villagers earn significant income from them. However, a lack of oversight in collection, processing, and sales poses risks to ecosystems and legal compliance.
- Vietnam Cuts Fuel and Electricity Prices from November 1
Vietnam announced simultaneous price reductions for gasoline, petroleum products, and electricity effective November 1. This move aims to alleviate cost burdens for citizens and businesses, stabilize prices, and stimulate economic activity.
- Vietnam to Cut Electricity Prices by 2% Next Month to Curb Inflation, Support Economy
Vietnam announced a 2% reduction in average retail electricity prices, effective from November 1, 2026, to March 31, 2027, setting the rate at over 2,159 VND/kWh (excluding VAT). This measure aims to alleviate electricity costs for households and businesses and support inflation control objectives.
- Vietnam Announces Retail Electricity Price Cut from November 1 Next Year
The Vietnamese government has announced plans to reduce the average retail electricity price by 2% from November 1, 2026, to March 31, 2027, aiming to alleviate burdens on citizens and businesses. This move follows several price increases earlier this year.