Petrol prices cut from 15:00 on May 28
Retail fuel prices in Viet Nam were reduced from 15:00 on May 28 following a decision issued by the Ministry of Industry and Trade and the Ministry of Finance.
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Retail fuel prices in Viet Nam were reduced from 15:00 on May 28 following a decision issued by the Ministry of Industry and Trade and the Ministry of Finance.
A range of taxes on petrol, oil, and aviation fuel have been reduced to 0% under Resolution No. 19/2026/QH16 of the National Assembly, effective from 00:00 on April 16 through June 30, 2026.
The National Assembly on April 12 adopted a resolution introducing key provisions on environmental protection tax, value-added tax and excise tax applicable to petrol, oil and aviation fuel.