Environmental Protection Tax

The Ministry of suggests continuing floor level of environmental protection tax for petrol and oil

10:38 | 13/12/2022 Finance

The Ministry of Finance has completed the draft Resolution of the Steering Committee of National Assembly on the rate of environmental protection tax for petrol, oil, and grease in 2023.

Gasoline price reduction - reducing cost burden

13:39 | 01/08/2022 Finance

After a deep adjustment of gasoline prices in the market, the cost burden on businesses and people has been somewhat reduced

Deputy Minister of Finance: Reducing environmental protection tax on petroleum leading to a decrease of more than VND32,500 billion in budget revenue

17:53 | 08/07/2022 Finance

The Deputy Minister of Finance said that the increase in budget revenue from petroleum imports in the year was about VND9,100 billion

Many countries have applied tax reductions on gasoline

12:06 | 12/03/2022 Finance

As world crude oil prices and domestic gasoline prices fluctuated and tended to increase, many countries around the world have implemented solutions to reduce taxes on gasoline.

Ministry of Finance proposes to reduce 50% of environmental protection tax on aviation fuel

10:00 | 30/11/2021 Regulations

The Ministry of Finance is consulting on the Resolution of the National Assembly Standing Committee about the environmental protection tax rate for aviation fuel.

Ministry of Industry and Trade adjusts Environmental protection tax to boost use of E5RON92 gasoline

20:24 | 18/05/2019 Headlines

VCN- The Ministry of Transport shall coordinate with car makers and operators to make recommendations soon and inform drivers to use E5RON92 gasoline.

Da Nang Customs Department achieved 1,765 billion VND of revenue collection in 6 months

13:52 | 07/06/2018 Customs

As of 28/5, the state revenue reached more than 1.510 billion VND, reaching 47% of the target, increased by 17% over the same period in 2017.

Environmental protection tax for biofuel must comply with the principles of taxes

09:56 | 07/04/2018 Finance

VCN- Facing the proposal for more preferential environmental protection tax (EPT) rates to promote the use of biofuel, the Ministry of Finance said that each tax has its own adjustable target, so this recommendation is not appropriate.

Increase in the environmental protection tax on petroleum has been carefully considered

20:01 | 03/04/2018 Finance

VCN - Facing concerns that the draft of increase in the environmental protection tax (EPT) on petroleum products will affect inflation, consumer prices, reduce competitiveness of enterprises, leaders of the Ministry of Finance said that the draft had been

Environmental protection tax: appropriate solution for environmental problems

17:33 | 10/06/2017 Finance

VCN – According to the Ministry of Finance (MOF), from 2012-2016, state budget’s expenditures on environmental protection were 26,371 billion vnd per year on average, higher than environmental protection tax revenues of 21,197 billion vnd/year on average.

ODA funds prioritized for urban infrastructure, environment

16:18 | 06/05/2017 Finance

The Government will prioritize the allocation of ODA and preferential funds for HCMC to develop urban infrastructure and environment projects as per a decree on a number of specific financial mechanisms for the city

Allocating revenue from the Environmental Protection Tax for oil and gasoline

19:25 | 14/02/2017 Finance

VCN- The General Department of Taxation issued a dispatch to request Tax Departments of provinces and centrally run cities to allocate the revenue from the Environmental Protection Tax for oil and gasoline in 2017.