Vietnam Ministry Proposes to Cut Gasoline Import Tariff to 10%

Vietnam’s finance ministry asks the justice ministry for comment on its proposal to reduce preferential import tariff, or most-favored nation tariff, on some gasoline products to 10% from 20%, according to a statement on finance ministry’s website.

• Ministry is compiling feedback from ministries, sectors and localities before submitting proposal to the government
• Ministry proposes keeping import tariff on gasoline products stable at 10% without time limit
• NOTE: Vietnam to Cut Environment Fuel Taxes From April Until End-2022 <GO>

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Jamille Tran in Hanoi at jtran145@bloomberg.net

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