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.