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In response to the global dip in oil prices, Vietnam has reported a decrease in its gasoline prices this past Thursday. This price decrease is largely due to a decrease in demand. Price Reductions The widely-used fuel, RON95, saw a reduction by 0.90%,…
Hanoi, Ho Chi Minh City, and Hai Phong are set to usher in a new era of green fuel with the launch of E10 biofuel, a blend consisting of 10% ethanol and 90% traditional gasoline, on August 1. This initiative marks Vietnam’s inaugural step toward a nationwide…
A survey of multiple HCMC-based filling stations showed that biofuel consumption rose to 40% from the previous 30%, while that of the fossil type RON 95 gasoline declined to 60% from 70%. After the price adjustment, the retail price of E5 biofuel was VND1,500…
After years failing to promote ethanol blended fuel, the government makes a big move to give greener products a better chance. After more than two years failing to promote a locally-produced biofuel product in major cities, Vietnam has announced an even more…
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