Environment protection fee proposed for emissions
In response to the evolving economic and social landscape in the country, Vietnam’s Ministry of Finance has announced measures to address the deteriorating air quality in major cities, industrial zones and craft villages. The worsening environmental conditions pose serious threats to public health, inflict damage on the economy, and jeopardize the overall well-being of the environment.
The Ministry of Finance recently proposed a method and formula to calculate the Environment Protection Fee for emissions in a draft decree to the Government. The draft also proposed bonuses for organisations that restrict pollutant emissions.
