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Export taxes on coal may be reduced

Update: May, 26/2012 - 08:21

HA NOI - The export tax rate for coal may be cut from 20 per cent to 10-15 per cent due to the depressed economy, falling prices and low export volumes, according to State offices.

In April, the Viet Nam National Coal and Mineral Industries Group (Vinacomin) asked the Government to cut the coal export tax rate to zero because of low consumption and falling export volumes.-VNS

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