Deputy Prime Minister Le Minh Khai ordered the finance ministry to promptly look into cutting taxes and fees tied to petroleum and consumption, especially those that raise input costs of production and business.
- Khai, in a statement posted on the government’s website, says tax cuts to also help control inflation and support monetary policy
- He asks the finance ministry to report on the proposed tax cuts before July 30
- NOTE:
Vietnam Ministry Proposes to Cut Gasoline Import Tariff to 10% - NOTE:
Vietnam Looks To Attack Inflation With Fuel Tax Cuts
To contact the reporter on this story:
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.