Vietnam
Country indicators
GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)
GDP per capita (USD):
2,123.46
Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)
Fossil fuel subsidies (USD, billions):
1.11
Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)
Fossil fuel subsidies (% of GDP):
0.5
Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)
Fossil fuel subsidies with externalities (% of GDP):
-10.54
Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)
Revenue from environmentally related taxes (% of GDP):
n/a
Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)
Carbon Pricing Gap (%):
n/a
News

Hanoi permitted to collect fees in congested areas
2018-11-08
04.11.2018 – The Vietnamese government has approved Hanoi’s proposal to charge private vehicles that enter congested areas across the city as part of its efforts to reduce traffic jams and environmental

Environmental protection tax in Vietnam to increase next year
2018-10-31
24.10.2018 – Vietnam’s lawmakers have decided to raise the environmental tax on a number of commodities from January 2019, including hard coal, gasoline, kerosene, plastic bags, lubricants, mazut, HCFCs, ozone-depleting substances

Asian Development Bank signals end to ‘dirty’ coal finance
2018-10-31
24.10.2018 – According to its energy chief, the Asian Development Bank (ADB) is making a decisive shift to clean energy. Coal plants are becoming unviable investments, as renewable energy costs fall