Vietnam Halves Special Consumption Tax on Gasoline to 0% Until March 2027
Economy

Vietnam Halves Special Consumption Tax on Gasoline to 0% Until March 2027

Vietnam's government has decided to reduce the special consumption tax on gasoline to 0% until the end of March 2027, aiming to support economic development, energy security, and stabilize the petroleum market. This move is expected to lower gasoline prices by approximately 1,500-1,700 VND per liter.

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