The Government has decided to remove import tariffs on certain fuel products to ensure supplies and stabilize the domestic fuel market amid rising tensions in the Middle East.
According to Government Decree No. 72/2026/ND-CP issued on March 9, the preferential import tax for unleaded petrol is slashed from 10% to zero.
Import duties on petrol blending components such as naphtha and reformate (HS code 2710.12.80) is also reduced to 0%. Preferential import tariffs are also cut from 7% to 0% for diesel fuel, fuel oil, aviation fuel and kerosene.
Additionally, certain raw petrochemical materials such as xylene, condensate, and p-xylene will have their tax rates reduced from 3% to 0%, while other cyclic hydrocarbons will see their tax rates brought down to 0% from 2%.
This decree takes effect from March 9 to April 30.
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