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The Vietnamese government is considering lowering a special tax on gasoline from the current 7-10% to zero between November and March next year, Reuters reports. The authorities also plan to reduce retail electricity rates to support the population and businesses. The measures are being discussed against the background of accelerating inflation and the risk of missing the target for annual economic growth of 10%.

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🇻🇳 Vietnam · Map

The Vietnamese government is considering lowering a special tax on gasoline from the current 7-10% to zero between November and March next year, Reuters reports. The authorities also plan to reduce retail electricity rates to support the population and businesses. The measures are being discussed against the background of accelerating inflation and the risk of missing the target for annual economic growth of 10%.

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