Vietnam to Switch to E5 in 2018
December 20, 2017https://biofuels-news.com/display_news/13256/vietnam_to_begin_transition_to_e5/
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The Vietnamese Government has recently announced their move to enforce E5, a 5% ethanol blended with 95% gasoline, in 2018.
The government reaffirmed that the transition would surely take place and that it was up to businesses to be prepared, emphasizing that the transition would take place on January 1. The government has also informed the public about the benefits of E5 and its safety. It will also provide guidance to local governments to assist the implementation.
Vietnamese government has previously tried to increase sales of ethanol, but had limited success. Hence, the Ministry of Industry and Trade would be working with the Ministry of Finance to make E5 prices more attractive this time.
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