Vietnam's Environmental Protection Tax Law has been implemented since January 1, 2012, which regulates 8 items of goods subject to the Environmental Protection Tax Law, including fuel materials (gasoline, aircraft gasoline, diesel, kerosene, heavy oil, lubricants, lubricants ), coal, HCFC solution, plastic bags, restricted use pesticides, preserved forest product drugs, warehouse disinfectants and termite eradication drugs. According to the Vietnam General Administration of Taxation, the first eight goods will cause extensive environmental pollution when used. For this reason, the objects using these goods should be taxed. In order to save the tax authorities’ expenses in levying environmental taxes, the The applicable objects of environmental protection tax are households, individuals and organizations engaged in the production of such goods. Vietnam’s Environmental Protection Tax Law also stipulates that the Standing Committee of the National Assembly will specifically regulate the following tax amounts for the first eight items, which can be adjusted if necessary: 1. Gasoline and aircraft gasoline: VND 1,000 per liter; 2. Other fuel materials are VND 1,000 per liter 300 VND; 3. Antraxit coal is 20 VND per metric ton; 4. Other coal is 10,000 VND per metric ton; 5. HCFC solution is 4,000 VND per kilogram; 6. Plastic bags are 40,000 VND per kilogram; 7. Pesticides are VND 500 per kilogram; 8. Other remaining breeding drugs are VND 1,000 per kilogram. (Note: The current official exchange rate is 20,803 VND per U.S. dollar, plus or minus 1%) Data recently released by Vietnam’s General Bureau of Statistics show that the country’s gross domestic product (GDP) increased in 2011 compared with 2010
