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Image: Fuel prices rise further

Fuel prices rise further

HCMC – Gasoline prices in Vietnam continued rising by VND350 per liter from 3 p.m. today, January 3, while other fuels edged up VND110-160 per liter or kg. The ministries of Industry-Trade and Finance revised up the retail price of gasoline nationwide today, having raised the fuel prices by over

Image: Fuel prices rise again after four cuts

Fuel prices rise again after four cuts

HCMC – After dropping four times in a row, fuel prices saw an uptick yesterday, January 1. RON 95-III now sells for VND21,800 per liter, up VND1,100 against the earlier session, and E5 RON 92 is priced at VND21,020, increasing nearly VND1,050. Diesel oil rose by VND550 to VND22,150 per liter,

Image: Ministry wants lowest environmental protection tax on fuels in 2023

Ministry wants lowest environmental protection tax on fuels in 2023

HCMC – The Ministry of Finance has sought to keep the environmental protection tax on fuels at the lowest levels, proposing the Government submit a draft resolution to this effect to the National Assembly’s Standing Committee. The ministry prepared the resolution, which maintains the environmental

Image: Four rates of environmental protection tax on fuels proposed for 2023

Four rates of environmental protection tax on fuels proposed for 2023

HCMC – The Ministry of Finance has proposed applying four rates of environmental protection tax on fuels in 2023 depending on global prices. When the global oil price is below US$70 a barrel, the tax rates would reach the ceiling level of the tax bracket, which is VND4,000 per liter on gasoline,