Vietnam Government Orders Cities to Switch Completely to Biofuel
January 27, 2016http://www.thanhniennews.com/business/hanoi-ho-chi-minh-ordered-to-switch-completely-to-biofuel-58312.html
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The Vietnamese government has ordered Hanoi, Ho Chi Minh City and six other cities and provinces to switch completely to a locally-produced biofuel starting June 2016 as consumption of the 5-percent ethanol blended E5 has not met its target.
Deputy Prime Minister Hoang Trung Hai said that the eight cities and provinces need to make more efforts to promote the fuel, which has been proven safe, economical and environment-friendly. He urged other cities and provinces to cut sales of the popular gasoline brand and replace it with E5.
Also in the list are the cities of Hai Phong, Da Nang, and Can Tho, the central provinces of Quang Nam and Quang Ngai and the southern province of Ba Ria – Vung Tau. E5 now sells at a cheaper price than 92-RON, the popular gasoline brand. However, gas stations poorly promote the new fuel and are not willing to invest in new pumps suitable for E5 since they are afraid of losses.
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