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NA Standing Committee approves reduction of environment tax on jet fuel

NDO/VNA – The National Assembly Standing Committee on December 10 passed a resolution on the new environment tax rate on jet fuel in 2021, under which the rate will be VND2,100 per litre, down 30 percent.

The new rate will be applied from January 1 to December 31, 2021. As from January 1, 2022, the rate will return to the old level of VND3,000 per litre.

The environment tax rate reduction for jet fuel aims to help aviation companies overcome difficulties caused by the COVID-19 pandemic.

Also on December 10, the NA Standing Committee gave opinions on preparations for the election of deputies to the 15th NA and all-level People’s Councils for the 2021-2025 tenure.

The committee also looked into the allocation of investment funded by the state budget in 2021 to projects transferred from 2016-2020 to 2021-2025.

The session concluded later on the day, with NA Chairwoman Nguyen Thi Kim Ngan hailing the committee’s efficient work, completing all the working programmes half a day ahead of schedule.

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