Sunday , November 24 2024

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Environmental tax on gasoline halved

Environmental tax on gasoline halved

The environmental tax has been halved to VND2,000 ($0.08) per liter on gasoline and VND1,000 on diesel, lubricating oil and fuel oil. It is VND600 on kerosene and VND1,000 on jet fuel, according to a resolution passed Friday by the National Assembly’s Standing Committee. The rates will apply through 2023 …

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Vietnam emerges as high-tech manufacturing hub

Vietnam emerges as high-tech manufacturing hub

Global tech giants have continued to expand operations in Vietnam as the country becomes an increasingly trusted advanced technology manufacturing hub. On December 23 South Korean electronics giant Samsung opened Southeast Asia’s largest research and development center in Vietnam. “Vietnam has now gone beyond its role as a global production …

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