Resolution 34/2026/NQ-CP, issued 30 June 2026, prolongs zero and reduced import duties on gasoline, diesel, and related materials until 30 September 2026, alongside complementary VAT and environmental tax exemptions.
Vietnam’s government has issued a Resolution, dated 30 June 2026, that outlines the extension of tax incentives for specific energy products. The resolution mandates a continued period of reduced import duties, environmental protection taxes, and value-added taxes on commodities such as gasoline, oil, and aviation fuels.
These financial measures are scheduled to remain in effect until 30 September 2026,
Import duty and excise relief
Gasoline, diesel, and qualifying raw materials destined for their production will continue to face a 0% import tariff. The scope and specifications are defined in the Preferential Import Tariff Schedule accompanying Decree 72/2026.
Separately, all gasoline varieties are subject to a 0% excise tax, calculated according to Excise Tax Law No. 66/2025/QH15 and its implementing regulations.
Environmental tax and VAT
Environmental protection tax is wholly eliminated for gasoline (excluding ethanol-blended variants), diesel fuel, kerosene, fuel oil, and aviation fuel.
Correspondingly, these same fuels qualify for complete VAT exemption, with provision for full input VAT deduction on related supplies.
Both exemptions derive authority from Resolution 19/2026/QH16 and remain operative through 30 September 2026.
The Resolution applies from 1 July 2026 through 30 September 2026. This period may be shortened or extended upon the proposal of the Ministry of Industry and Trade to help ensure energy security and maintain a stable fuel supply in Vietnam.
