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Golden Ten Data reported on April 25 that the National Assembly of Vietnam passed a law on April 24 amending and supplementing certain provisions of the "Special Consumption Tax Law", deciding to extend the special consumption tax preferential policy for electric vehicles with fewer than 24 seats until the end of 2030. The tax rate for electric vehicles will continue to enjoy the lowest rate among all vehicle categories. In March 2022, Vietnam reduced the special consumption tax for electric vehicles to 1%–3%, originally set to expire on March 1, 2027; for fuel-powered vehicles, the special consumption tax rate is 10%–150%. The Vietnamese transport authorities stated that electric vehicles "already enjoy the lowest tax rate in the automotive industry." Vietnam’s Finance Minister Nguyen Van Tuyn reported to the National Assembly that extending the preferential period helps stabilize consumer expectations and also benefits companies in formulating medium- and long-term investment plans.

```htmlThe Ministry of Economy, Trade and Industry of Japan announced on the 24th that, due to the deterioration of the situation in the Middle East leading to ongoing energy supply shortages, Japan will initiate the second round of national oil reserve releases starting May 1, which is expected to meet domestic demand for 20 days. However, this release has not eased the concerns of related industries about insufficient oil supply. Some industry groups are calling on the Japanese government to further release oil reserves, with the medical sector urging for the assurance of "naphtha" supply. "Naphtha," derived from crude oil processing, is a key raw material for medical gloves, syringes, and dialysis supplies. Industry insiders noted that if the current situation continues, Japan will face a "naphtha crisis" in June, threatening the health of a large number of patients. (CCTV Finance)```