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Vietnam: PM hints at lower tax rates for petroleum products

A lower domestic tax rate for petrol products, especially the environmental protection tax, should be considered to prevent the prices in the domestic market from rising. Prime Minister Pham Minh Chinh urged Government agencies to study the possibility of lowering environmental protection tax for petroleum products. Under the directive, the Ministry of Finance  (MoF) and […]

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Vietnam: Millions of farmers learn how to sell their products via e-commerce

According to a plan of the Ministry of Information and Communications, all agricultural production households operating on e-commerce will be trained in digital and business skills on e-commerce platforms. The Ministry of Information and Communications has approved a plan to support agricultural production households on e-commerce floors to promote the development of the agricultural and […]

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Vietnam, Lao attempt to regulate fuel prices

Vietnam will need to cut taxes and fees, in addition to using the petroleum price stabilisation fund if petrol prices keep rising, said a leader from the Ministry of Industry and Trade (MoIT). On February 11, retail petrol prices were increased by nearly 1,000 dong (4.38 US cents) per litre following the latest adjustment by […]

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