Tag Archives: Vietnam Coal and Mineral Industries Group

Higher coal taxes hope to restrict exports

Coal exporting from the northern province of Quang Ninh. The export tax rate for coal is planned to rise in the near future. — VNA/VNS Photo Duy Khuong

Picture: Coal exporting from the northern province of Quang Ninh.

HA NOI — The Ministry of Finance plans to increase the export tax rate for coal in a bid to restrict exports of the fossil fuel. The new export tax rate was expected to surge from the current 15 per cent to 20 per cent, the ministry said. Continue reading