Vietnam: Extension of reduced environmental protection taxes on fossil fuels through 2025

Reduced rates for gasoline, oil, and other fossil fuels

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February 13, 2025

The Standing Committee of the National Assembly on December 24, 2024, approved Resolution 60/2024/UBTVQH15, which extends the reduced environmental protection taxes on gasoline, oil, and other fossil fuels until December 31, 2025.

The new rates include VND 2,000/litre for gasoline and VND 1,000/litre for diesel and aviation fuel, following similar reductions in previous years.


For more information, contact a KPMG tax professional in Vietnam:

Nguyen Thu Huong | hnguyen52@kpmg.com.vn

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