Facing fluctuations in the global energy and logistics markets, the Ministry of Construction (MoC) has proposed that the Government implement solutions to ensure fuel supply and support transport businesses in maintaining stable operations.
Accordingly, to balance fuel supply and demand and stabilize transport costs, the MoC suggested that the Government continue implementing urgent measures in response to the conflict in the Middle East, as outlined in Resolution No. 36/NQ-CP dated March 6, 2026.
Specifically, the Ministry recommended focusing on diversifying crude oil sources for domestic refineries to maintain stable operations and guarantee the fuel supply for the market.
The MoC requested the Ministry of Industry and Trade to direct oil refineries and gas processing facilities to proactively expand their input material imports, ensuring sustained production to meet domestic demand. Petroleum businesses are also required to develop priority fuel supply plans for transport firms and key production and construction sectors in the event of potential shortages.
Furthermore, the MoC requested the Ministry of Agriculture and Environment, and provincial People’s Committees to review and streamline administrative procedures. This aim is to enable businesses to increase extraction capacity and open new coal mines, thereby boosting the domestic coal supply.
Regarding fiscal policy, the MoC proposed that the Ministry of Finance research and report to competent authorities on potential reductions in the Special Consumption Tax (Excise Tax) and Environmental Protection Tax on fuel for an appropriate period to mitigate the impact of global energy price volatility.
Additionally, the proposal includes studying tax and fee support mechanisms for transport enterprises. These include a 50% reduction in takeoff and landing fees and flight control services for the aviation sector; exemptions or reductions in port and inland waterway fees for watercraft; and considering the inclusion of transport fuel in the list of goods eligible for a VAT reduction from 10% to a more suitable level.
If necessary, the MoC suggested that the Ministry of Foreign Affairs coordinate with Middle Eastern nations, such as the UAE, Saudi Arabia, and neighboring countries, to support Vietnamese ships and crews in accessing food and essential supplies when needed.
The Ministry of Foreign Affairs was also asked to work with international aviation authorities to help fuel suppliers access Jet A-1 fuel and assist Vietnamese airlines in maintaining "historical slots" at international airports upon the MoC's recommendation.
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