Under a draft resolution of the National Assembly’s Standing Committee, the taxes on gasoline (excluding ethanol-blended fuel) and diesel are proposed to be halved to VNĐ1,000 and VNĐ500 per litre, respectively. The tax on jet fuel is proposed to be reduced by VNĐ50 to VNĐ1,000 per litre.
Gov’t proposes halving fuel taxes to ease price pressure
