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Tag: vietnam petrol products
Vietnamese Gov’t further cut taxes on petrol products
Once approved by the National Assembly, the cut will take effect on August 1.
Vietnam spent US$6 billion importing oil and petrol products
Diesel has been the most imported product since early this year, making 60% of the total, or 3.17 million tons.
Finance ministry proposes to halve excise, VAT taxes on petrol products
The tax cut is scheduled to take effect in six months, subject to the approval of the Standing Committee of the National Assembly.