Vietnam extends fuel tax relief to end-2026

Vietnam has extended its fuel tax relief measures through December 2026 to stabilize the domestic market and ensure energy security amid ongoing global supply concerns. The package maintains zero import tariffs and reduced taxes on key petroleum products.

An employee pumps petrol for clients at a petrol station in Hanoi, Vietnam December 20, 2106. REUTERS/Kham

Vietnam extended fuel tax relief measures through December 31, 2026, maintaining zero rates on gasoline and petroleum products to curb inflation. The extension prolongs tax cuts originally introduced earlier in the year to cushion the domestic market against Middle East supply disruptions. The government aims to protect energy security and business activity while encouraging companies to diversify import sources away from traditional suppliers.

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