Petrovietnam Oil Corporation (PVOIL), a subsidiary of Vietnam National Industry - Energy Group, has completed all necessary technical infrastructure, supply arrangements, and workforce preparation to officially distribute E10RON95 biofuel gasoline across its entire nationwide system starting May 15.

A mandatory sale of E10 biofuel is rolled out nationwide today, April 30, 2026, a month earlier than the originally scheduled deadline, amid global energy uncertainties.

After a prolonged period of suspension, the Dung Quat bio-ethanol plant resumed operations in early 2026 and has produced its first batch of E100 ethanol.

VOV.VN - Vietnam’s petroleum enterprises are fully capable of meeting nationwide demand for E10 biofuel, with a total blending capacity of around 965,000 cubic meters per month, according to the Vietnam Petroleum Association (VINPA).

The Ministry of Industry and Trade convened a conference on March 26 to hammer out the details of the Prime Minister’s directive accelerating the switch to E10 RON95 biofuel, with the goal of reviving idle ethanol plants and ramping up domestic output to support the nationwide phase-out of mineral gasoline.

Holding nearly 70% of Vietnam’s fuel market, the Vietnam National Petroleum Group (Petrolimex) and the Petrovietnam Oil Corporation (PVOIL), have proactively taken measures to enable the sale of E10 RON95 biofuel nationwide ahead of schedule, easing pressure on gasoline imports, strengthening national energy security.

Crude oil supplies for domestic refineries have been maintained, and petrol supplies for the coming months remain secure, Prime Minister Pham Minh Chinh said while chairing a meeting in Hanoi on March 17 with the task force for energy security.

Although a mandatory roadmap for biofuel blending will take effect from June 1, Vietnam should consider accelerating the use of biofuel-blended petrol in response to increasingly complex geopolitical developments affecting global energy supplies.

Major fuel distributors and domestic refineries are accelerating preparations to ensure sufficient supply, infrastructure and technical capacity for the nationwide sale of E10 biofuel starting June 1.

VOV.VN - The retail prices of oil and petrol were adjusted down to below VND20,000 per litre as of 3 p.m. on November 27 following a decision made by the Ministry of Finance, and Ministry of Industry and Trade.