Ho Chi Minh City sees E5 soar to 40% market share

April 9, 2019 |

In Vietnam, local press reports that with the government setting the price of 5% ethanol blended gasoline below the price of standard 95 octane gasoline, market share has jumped to 40% in Ho Chi Minh City from a previous 30%. Car owners are still slow to pick up on the use of the E5 blend but trucks, motos, taxis and other vehicles classes have jumped on the cheaper fuel. Consumption in the city of E5 is about 2,500 cu m per day.

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