Vietnam extends fuel tax suspension until end of June

Vietnam extended fuel tax suspensions until end of June to stabilize prices. The move aims to curb inflation amid supply disruptions from the ongoing conflict.

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Vietnam has announced an extension of its fuel tax suspension through the end of June to mitigate market volatility and stabilize the domestic economy. The decision, confirmed by the country's parliamentary office on Sunday, aims to provide relief as the ongoing conflict involving Iran continues to strain global energy supplies. The National Assembly passed a resolution to maintain the suspension of environmental protection and special consumption taxes, which was originally set to expire on April 15.

Motorists in Hanoi queue at a petrol station to purchase fuel during a period of supply instability and rising costs linked to the conflict involving the U.S. and Israel, March 10, 2026. REUTERS/Khanh Vu/File Photo
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