•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
A proposal would extend the application of 0% import tariffs on certain gasoline and oil products through 30 June 2026. The move follows Decree No. 72, which applies from 9 March to 30 April 2026 and reduces import duties on selected items to 0%.
Under Decree No. 72, the MFN tariff was cut to 0% for several gasoline and oil-related products, including:
In a draft resolution, the Ministry of Finance proposes extending the period of application of Decree No. 72 through 30 June 2026.
Beyond the items already covered by Decree No. 72, the drafting agency also proposes applying a 0% MFN tariff to additional feedstocks used to produce gasoline and oil under the following HS codes:
The Ministry of Finance said the 0% tariff has already shown practical effectiveness by helping enterprises diversify supply sources and mitigate negative impacts from fluctuations in global energy prices.
It also cited disruptions linked to the Middle East conflict, which has affected supply chains from traditional markets such as Korea and ASEAN. According to the Ministry, the 0% tariff policy has enabled enterprises to access alternative sources outside the ASEAN and Korea region, supporting domestic supply and helping fuel-trading firms meet demand.
The Ministry noted that the military conflict in the Middle East remains complex and unpredictable, with supply still tight and global oil prices continuing to rise. It added that companies including Vietnam Oil and Gas Group and Binh Son Refining and Petrochemical Company assess that even if the conflict ends, restoring capacity in the region’s oil and gas infrastructure would take at least 5 to 7 weeks.
It further warned that if the 0% MFN tariff ends on 30 April 2026 for the relevant items, supply could tighten again and the import surcharge for tariff-exempt goods under ATIGA/VKFTA could increase.
Separately, at the first session of the 16th National Assembly, a resolution was also approved to exempt excise tax, environmental protection tax, and value-added tax on gasoline and oil products through 30 June 2026.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
