Tag: Vietnam

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

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 […]

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Fuel shortage in Vietnam sees drivers forced to use E5

Fuel shortage in Vietnam sees drivers forced to use E5

April 4, 2019 |

In Vietnam, drivers have been reluctant to switch to E5 RON92 despite various rounds of incentives and communications campaigns by the government but now they’re left with little choice but to use the fuel as the country’s largest refiner shut down earlier in the year, leaving filling stations with only about half of their RON95 […]

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Quảng Ngãi and Bình Phước are ramping back up

Quảng Ngãi and Bình Phước are ramping back up

March 27, 2019 |

In Vietnam, part of the government’s plan to revitalize state-owned projects among a variety of sectors includes the revamping of Quảng Ngãi ethanol plant has seen the project already kick off while Bình Phước is set to commission upgrades soon so it can restarted trade. First-ever production Quảng Ngãi begin in November 2018 and has […]

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Vietnam lowers fuel prices in line with falling petroleum with E5 at 84 cents per liter

Vietnam lowers fuel prices in line with falling petroleum with E5 at 84 cents per liter

November 6, 2018 |

In Vietnam, the government has reduced the pump price of E5 to 84 cents per liter in an attempt to boost demand as uptake continues to be slow. E0 as well as diesel prices were also lowered, while kerosene remained unchanged. The ministries lowered the fuel prices in response to fossil fuel prices dropping by […]

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Vietnam to allow Phu Tho ethanol plant to go bankrupt

Vietnam to allow Phu Tho ethanol plant to go bankrupt

November 5, 2018 |

In Vietnam, the government is expected to allow the Phu Tho ethanol plant to go bankrupt despite the push to bring mothballed plants back online as it seeks to boost domestic production because the business model of the facility mixed with its unfavorable location mean it will never be viable. Construction started on the $74 […]

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E5 demand finally picking up in Ho Chi Minh City

E5 demand finally picking up in Ho Chi Minh City

October 16, 2018 |

In Vietnam, the Saigon Times reports that the government’s efforts to promote E5 are at last beginning to pay off as consumption rises in Ho Chi Minh City to more than 30,000 cubic meters per month, more than 3.5 times original volumes when the fuel was first launched. E5 is now priced at a discount […]

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Vietnam’s Dung Quat ethanol plant online after three-year hiatus

Vietnam’s Dung Quat ethanol plant online after three-year hiatus

October 15, 2018 |

In Vietnam, after being offline for three years, the controversial Dung Quat ethanol plant resumed production over the weekend in a run-up to commercial production following tweaks that will be made later in the month after the trial run. Only 2,000 metric tons will be produced during the initial start up phase, then another 7,000 […]

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Vietnam’s biofuel consumption sky rockets from 9% to 40% in a year

Vietnam’s biofuel consumption sky rockets from 9% to 40% in a year

September 15, 2018 |

In Vietnam, biofuel consumption is increasing thanks to the government’s push for mass commercial usage of biofuel nationwide this year, with E5 RON 92 going from only 9% of total petrol consumption last year to an impressive 40% of total petrol consumption this year. According to the Ministry of Industry and Trade, biofuel consumption topped […]

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Vietnamese drivers prefer premium fuels to E5

Vietnamese drivers prefer premium fuels to E5

August 7, 2018 |

In Vietnam, Platts reports that similar to the reaction of Australian drivers with the introduction of E10, drivers in Vietnam are preferring to fill up with 95 octane gasoline rather than 92 octane that has 5% ethanol despite the lower price. The preference for E0 fuels has prompted additional imports of gasoline rather than reducing […]

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Vietnam to invest $100 million in University of Central Florida cabolosic technology

Vietnam to invest $100 million in University of Central Florida cabolosic technology

June 26, 2018 |

In Vietnam, the Ministry of Science & Technology along with other local partners will invest $100 million in a carbolosic biomass treatment plant that will produce aviation biofuels and other bioproducts from waste. The technology was developed by the University of Central Florida and incorporates cellulose hydrolysis into low cost modules that allow flexibility in […]

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