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News Vietnam government to enact environmental protection fee for emissions

Vietnam government to enact environmental protection fee for emissions

Written by Global Cement staff 16 August 2023
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Vietnam: The government has launched a public consultation over a proposed environmental protection fee. The Vietnam Investment Review newspaper has reported that the proposed policy would require emitters of dust, NOx, sulphur oxides and carbon monoxide, including cement plants, to pay a basic fee of US$127/yr. Additional variable rates of US$0.02 – 0.03/t would apply to emissions of each of the pollutants. If it enters into force, the regulation will require cement plants to submit quarterly fee declarations to the government. The government says that the policy aims to encourage investment in emissions mitigation technologies.

Published in Global Cement News
Tagged under
  • Vietnam
  • Government
  • Consultation
  • Sustainability
  • Tax
  • Emissions
  • GCW621
  • NOx
  • Particulate matter

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