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
Loopholes and evasion limit success of plastic bag tax in Vietnam
2018-10-08
27 September 2018 –Â In Vietnam, non-biodegradable plastic bags are subject to an environmental tax for each kilogram. The tax is set to increase in 2019. However, legal loopholes have enabled
Vietnam likely to increase environment tax on petrol
2018-02-26
23 February 2018 –Â The Vietnamese Finance Ministry has proposed raising environmental protection taxes on oil and petroleum products from July 1 to increase tax collection by 15,684 billion Vietnamese dong
Pricing Reforms for Sustainable Water Use and Management in Vietnam
2018-02-05
The distribution of water resources in Vietnam is highly variable both geographically and seasonally. This variability, coupled with the fact that almost 60% of the country’s water resources are generated