Hanoi, July 2 -- Under the Resolution, tax incentives currently applicable to gasoline and fuel-related raw materials would remain in effect from July 1 to September 30.
The Government also agreed to extend the implementation of Decree 72, which provides preferential import tariff reductions for certain fuel products and related inputs.
Existing reductions in environmental protection tax and value-added tax (VAT) on gasoline and aviation fuel will be maintained.
The Ministry of Finance noted that the extension would help stabilize the domestic petroleum market, strengthen energy security and support macroeconomic stability amid continued volatility in global energy markets.
Since late March, the Government has introduced a series of tax...