Vietnamese
Resolution No. 19/2026/QH16, adopted by the XVIth National Assembly at its 1st session on April 12, 2026, provides regulations on taxes applicable to gasoline, oil and aviation fuel during the period from April 16, 2026, through June 30, 2026.
According to Resolution No. 19/2026/QH16, regarding environmental protection tax, the tax rate applicable to gasoline (excluding ethanol), diesel oil, kerosene, mazut oil and aviation fuel is VND 0 per liter.
Regarding value-added tax, gasoline, diesel oil, kerosene, mazut oil and aviation fuel shall not be subject to declaration, calculation, and payment of value-added tax; provided, however, that input value-added tax shall be creditable. During the effective period of the Resolution, business establishments and importers of these goods are not required to declare, calculate or pay value-added tax upon sale and at the import stage.
Regarding excise tax, the excise tax rate applicable to all types of gasoline is 0%.
The Resolution also assigns the Government, based on developments in global gasoline and oil prices, macroeconomic indicators and the capacity to balance the state budget, to promulgate a Resolution adjusting the effective period or the tax provisions when necessary and report to the National Assembly at the nearest session.
During the effective period of the Resolution, in case of any inconsistency between the provisions of this Resolution and those of other legal documents regarding environmental protection tax, value-added tax and excise tax, the provisions of this Resolution shall prevail. Matters relating to environmental protection tax, value-added tax and excise tax not provided for in this Resolution shall comply with the applicable laws on tax, tax administration and other relevant laws.
Currently, under Decree No. 72/2026/ND-CP, the policy on reduction of preferential import duties for gasoline, oil and related raw materials is applied from March 9, 2026 through April 30, 2026.
Specifically, the preferential import duty rate for unleaded motor gasoline is reduced from 10% to 0%, applicable to the following HS codes:
- 2710.12.21 – Unblended motor gasoline;
- 2710.12.22 – Motor gasoline blended with ethanol;
- 2710.12.24 – Unblended motor gasoline;
- 2710.12.25 – Motor gasoline blended with ethanol.
At the same time, raw materials used for gasoline blending such as naphtha and reformate (HS code 2710.12.80) are also reduced from 10% to 0% in preferential import duty.
For the fuel group, the Decree also reduces the preferential import duty rate from 7% to 0% for several products, including diesel fuel, fuel oil, aircraft engine fuel and kerosene.
In addition, a number of petrochemical raw materials are also subject to tax reductions, specifically: xylene, condensate and p-xylene are reduced from 3% to 0%, while other cyclic hydrocarbons are reduced from 2% to 0%.
