- Standard Chartered analyzes economic performance and policy rates in Vietnam.
- Policy targets raised for economic growth and stability in Vietnam.
- Vietnam signed a government resolution on tax cuts while Vietnam Electricity operates within the Vietnamese market.
Vietnam reduces fuel tax to zero until March 2027
What happened
On January 11, 2026, Vietnam signed Resolution No. 45/2026, temporarily reducing the fuel tax to zero through March 31, 2027. Following the decision, the Ministry of Industry and Trade announced new gasoline prices effective November 1. E5RON92 gasoline dropped to VND24,223 per liter, and E10RON95-III dropped to VND24,159 per liter.
From news.tuoitre.vn
Why it matters
The tax cut supports policy targets for economic growth and stability in Vietnam. The Ministry of Industry and Trade and the Ministry of Finance continued to suspend contributions to the petroleum price stabilization fund under the new resolution.
Vietnam signed a government resolution on tax cuts while Vietnam Electricity operates within the Vietnamese market, aiming for economic growth and stability.
From news.tuoitre.vn
Who's involved
- VietnamThe country implementing the resolution to reduce the fuel tax.
- Ministry of FinanceThe Ministry of Finance, which continues to suspend contributions to the petroleum price stabilization fund.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- GrabSpeculative
Grab could see reduced operational costs due to the lower fuel prices.
- Ministry of FinanceSpeculative
The Ministry of Finance might experience reduced government tax revenue from the zero fuel tax.
- EVNSpeculative
Vietnam Electricity might face mandated electricity price reductions due to regulatory action.
Keep exploring
The entities involved
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Vietnam
country in Southeast Asia
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