More than 120 investors as well as CNG suppliers and producers from Japan, the Republic of Korea, China, Thailand, Germany, Singapore, Australia, Austria, and Canada were in attendance.

Deputy Minister of Industry and Trade, Nguyen Thanh Bien, said organising the seminar is very important to deal with the current situation of global climate change as well as minimizing gas exhaustion to protect the environment in Vietnam.

“The seminar will help to accelerate the use of CNG in industrial development and production and eventually replace the use of petroleum in means of transport,” he said.

According to the Petroleum Vietnam gas south company, Vietnam recognises great potential in using CNG. Currently, PV gas south is one of the two sole companies to supply CNG in Vietnam. It provides CNG to 14 clients in industrial zones in Ba Ria-Vung Tau, Dong Nai, Binh Duong and Ho Chi Minh City with estimated output of 60million cub.m in 2010.

Ho Chi Minh City now has two buses using CNG and will increase the number of bus using this gas to 50 in April. Using CNG can economise 53.5 percent of fuel cost as compared to using petroleum.

The seminar will last until March 31.