Key facts
- Vietnam extended fuel tax relief measures until December 31, 2026.
- Reduced import duties on gasoline, diesel, fuel oil, and aviation fuel will remain at zero.
- Environmental protection tax and value-added tax on petroleum products will also remain at zero.
- The government aims to support energy security, economic stability, and inflation containment.
- The measure is intended to help companies diversify fuel import sources.
Vietnam has extended its package of fuel tax relief measures through December 31, 2026, citing the need to contain inflation and cushion the economy from global energy supply disruptions. The move aims to keep domestic fuel prices lower and support energy security.
Under a resolution signed on September 30, 2026, the government will continue reduced import duties and zero-rated environmental protection tax and value-added tax on petroleum products. Specifically, the preferential import duty on gasoline has been cut to zero from 10%. Import duties on diesel fuel, fuel oil, kerosene, and aviation fuel will also remain at zero, down from 7%. Duties on several petrochemical feedstocks have also been reduced to zero.