Vietnam reduces gasoline special consumption tax to zero through March 2027

NAMPA / Xinhua

2026-11-01

HANOI, Nov. 1 (Xinhua) -- Vietnam has reduced the special consumption tax on all types of gasoline to zero percent from Sunday through March 31, 2027, under a new government resolution issued on Saturday, local daily VnExpress reported. Under the special consumption tax law, which took effect on July 1 this year, the tax rates are set at 10 percent for regular gasoline, 8 percent for E5 biofuel and 7 percent for E10 biofuel. The tax was pre......

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