Hanoi, April 10 -- The National Assembly on April 9 afternoon heard a Government proposal and a appraisal report on a draft resolution introducing special tax measures for petrol, oil and aviation fuel, including environmental protection tax, value-added tax (VAT) and excise tax.
Presenting the Government's proposal, Minister of Finance Ngo Van Tuan stressed that escalating tensions in the Middle East have triggered sharp fluctuations in global energy prices, particularly oil and gas, disrupting supply chains and pushing up crude oil prices. These developments have significantly impacted Vietnam's fuel market, driving up retail prices in a short period and affecting business activities as well as daily life and income of people.
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