The Vietnamese government has prolonged reduced import duties and zero-rated environmental protection tax and value-added tax on petroleum products to 31 December 2026, citing energy security and inflation concerns.
Vietnam’s government has extended its package of fuel tax relief measures to 31 December 2026, saying the move will help keep the domestic market steady while supply worries linger because of the war in the Middle East.
Under a resolution, signed on 30 September 2026, the reduced import duties on gasoline, diesel fuel, fuel oil, aviation fuel and key refining feedstocks will stay in force until the end of the year.
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 continue at zero instead of 7%, while duties on several petrochemical feedstocks have also been reduced to zero.
The environmental protection tax rate and the value-added tax rate for gasoline and petroleum products will likewise remain at zero until the end of 2026.
In a statement issued on Thursday (1 October 2026), the government said the extension is meant to support energy security, economic stability, inflation containment and business activity. It added that the measure should enable companies to diversify their fuel import sources and rely less on traditional suppliers.
The relief package was first introduced in March this year and has since been extended several times.
