Vietnam: Government provided incentives for investment in the country's oil and gas companies in the form of export tax reductions on crude oil

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Description

On 14 November 2022, the government of Vietnam issued Law No.12/2022/QH15, granting a tax concession to oil and gas companies in the form of an export tax reduction on crude oil. This action only appl...

Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Jul 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

Affected Products

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