Vietnam to pilot E10 petrol sales in major cities from August 1
Petrolimex will initially offer E10 at 36 retail outlets across HCM City, while PVOIL will pilot the product at six sites – four in Hanoi and two in Hai Phong.
A petrol station in Cau Kieu ward of HCM City sells E10 fuel (Photo: VNA)
Hanoi (VNA) – Vietnam will begin piloting the sale of E10 biofuel in three major cities – Ho Chi Minh City, Hanoi and Hai Phong – from August 1, the Vietnam National Petroleum Group (Petrolimex) and Petrovietnam Oil Corporation (PVOIL) have announced.
The move marks a preparatory step towards a nationwide rollout of the renewable fuel, a blend containing 10% ethanol, slated for early 2026.
Petrolimex will initially offer E10 at 36 retail outlets across HCM City, while PVOIL will pilot the product at six sites – four in Hanoi and two in Hai Phong.
However, questions remain over the availability of ethanol supplies to support the transition. While Vietnam has six ethanol production facilities with a total annual capacity of around 500,000 cubic metres, only two are currently operational, collectively capable of producing just 100,000 cubic metres per year.
Dao Duy Anh, deputy director of the Ministry of Industry and Trade’s Agency for Innovation, Green Transition and Industry Promotion, acknowledged that Vietnam would likely need to rely on ethanol imports during the initial phase, with abundant supply from key producers such as the US, Brazil and Argentina, as well as regional suppliers including Singapore and the Republic of Korea.
🐬 Meanwhile, domestic ethanol producers are preparing for a potential resurgence in demand. The Petrovietnam Central Biofuels Joint Stock Company, for example, is working to restart ethanol plants, including Dung Quat by late 2025./.
The pilot rollout of E10 biofuel aims to assess consumer acceptance and the technical readiness of Petrolimex’s distribution network, serving as a foundation for potential nationwide expansion.
The nationwide adoption of E10 fuel aligns with Vietnam’s commitment to achieving net-zero emissions by 2050 and accelerating its transition to a low-carbon, sustainable energy model.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.