Vietnam extends 0% import tax on gasoline and oil until June 30

In a move designed to bolster economic stability and safeguard national energy security, the Vietnamese government has extended the suspension of import duties on gasoline and oil products. This decision, formalized through Resolution No. 25/2026, will keep import taxes at 0% until June 30, 2026, providing a crucial buffer against the volatile global energy market.

The Ministry of Finance highlighted that this extension is vital for stabilizing the domestic fuel market and ensuring a steady supply of energy resources. This is particularly important given the unpredictable geopolitical landscape, which continues to pose risks to international energy prices and availability. By maintaining zero import tariffs, Vietnam aims to mitigate the impact of these external factors on its economy and consumers.

This policy builds upon previous reductions implemented in March, which saw taxes on various gasoline, diesel, and aviation fuel components slashed from rates as high as 10% to zero. While this provides immediate relief, the government has also set a clear timeline for the return to existing tariff structures. From July 1, 2026, import tax rates will align with those stipulated in Decree No. 26/2023, signaling a planned transition back to a more standard trade regime. This strategic approach balances immediate economic needs with long-term fiscal planning, reflecting Vietnam's commitment to both stability and sustainable growth.

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việc kéo dài thời hạn áp dụng của Nghị định số 72/2026, nhằm góp phần ổn định thị trường xăng, dầu, đảm bảo an ninh năng lượng trong nước trước bối cảnh tình hình thế giới vẫn còn tiềm ẩn nhiều yếu tố khó lường.