HANOI: In response to the evolving economic and social landscape in the country, Vietnam’s Finance Ministry has announced measures to address the deteriorating air quality in major cities, industrial zones and craft villages.
The worsening conditions pose serious threats to public health, inflict damage on the economy and jeopardise the overall well-being of the environment.
The Finance Ministry recently proposed a method and formula to calculate the Environment Protection Fee for emissions in a draft decree to the government.
According to the draft, there are two methods for emissions fee calculation.
Method one is for organisations that need regular emission monitoring.
These organisations must pay a quarterly fee of 750,000 dong, plus a variable cost.
Method two is for organisations that do not require constant emission monitoring.
These organisations only have to pay a fixed annual fee of three million dong.
The draft also proposed bonuses for organisations that restrict pollutant emissions.
Organisations that have a pollutant concentration level lower or equal to 30% of the amount regulated in the National Technical Standards of Industrial Emission only have to pay 75% of the fee, by the aforementioned formula.
Fee-collection organisations must transfer all collected fees to the state budget. — Viet Nam News/ANN
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