Today (April 12), the National Assembly will vote to pass the National Assembly's Resolution on promulgating a number of regulations on environmental protection tax, value-added tax, and special consumption tax on gasoline, oil and aviation fuel.
Previously, the National Assembly Standing Committee gave opinions on the draft resolution mentioned above.
Minister of Finance Ngo Van Tuan said that the Government proposed to reduce the environmental protection tax on gasoline (excluding ethanol), diesel oil, aviation fuel, kerosene and mazut to 0 VND.
Along with that, gasoline, diesel and aviation fuel are not subject to declaration and payment of value-added tax but are still eligible for input deduction. The special consumption tax rate for all types of gasoline is also proposed to be applied at 0%.
Regarding the application period, according to the Minister, Article 4 of the draft Resolution stipulates the application period from April 16, 2026 to the end of June 30, 2026 and assigns the Prime Minister to issue an individual decision to adjust (shorten or extend) the validity of the Resolution to ensure the management of the domestic gasoline and oil market in accordance with world oil price developments.
When discussing this content in the hall, delegate Tran Hoang Ngan (Ho Chi Minh City delegation) proposed to extend the policy implementation time until the end of 2026, or at least until September 30, 2026.
Although in the draft Resolution, in Clause 2, Article 4, it has assigned the Prime Minister the right to be proactive and flexible in management, according to the delegate, such regulations have not yet created the necessary psychological stability for businesses and people.
Delegate Bui Xuan Hai (Hai Phong City delegation) shared that at the present time, we cannot accurately predict how the international situation will develop in the next few months, and how gasoline and oil prices will fluctuate.
According to the delegate, at appropriate times, it is possible to consider stopping the application of 1, 2 or all 3 taxes; and at the same time flexibly extend the application time for each tax or all 3 taxes, depending on the actual developments of the gasoline and oil market.
Also on April 12, the National Assembly discussed in the hall about the draft Capital Law (amended); the draft Law on Access to Information (amended).
After discussion, Minister of Justice Hoang Thanh Tung spoke to explain and clarify some issues raised by National Assembly deputies.
In the past time, to contribute to diversifying supply sources and stabilizing domestic gasoline and oil prices, the Government and the Prime Minister have directed the use of many tools on fiscal policy, including the Prime Minister's issuance of Decision No. 482/QD-TTg adjusting to reduce environmental protection tax, value-added tax, and special consumption tax from 24:00 on March 26, 2026 to the end of April 15, 2026.
