NA to impose environment tax on plastic bags

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SaiGon GP English - 51 month(s) ago 2 readings 1 duplicate news

NA to impose environment tax on plastic bags

The Vietnamese National Assembly Thursday discussed the bill on environment tax that intends to impose duty on plastic bags and several more products. Environment activists have launched some campaigns to call on people not to use plastic bags.

The bill adds more products to the list of term affected by the tax, including petrol, coal, HCFC, plastic bags, herbicide, insecticide, bactericide… In the future the NA’s Law Committee will add more terms to the list of products affected by the law if needed.

The bill will impose VND50,000 tax (US$2,5 ) on one kg of plastic bags while NA members asked to increase higher tax on plastic bags because the use of the product needs to be put on alert, causing seriously environment pollution.

Some NA members raised concern over tax upon petrol as inflation in the country has sharply increased. They said that tax upon petrol would impact on prices of essential goods, leading to CPI increase.

Relating to tax calculating measures, the bill says that tax payment depends on quantity of tax-affected products.

In the current law, products have to be under the influence of environment fees and the fees are not enough to recover environment. As a result, environment is critically polluted by productive activities.

The law will not aim to increase the national budget but target businesses’ responsibility to environment, said Chief of NA Financial Committee Phung Quoc Hien.

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