There are only two months left until January 1, 2018, the date set for the nation to switch from RON A92 petrol to bio-fuel E5, but the plan is facing problems..
A new deadline – January 1, 2018 – has been set for the nation to make a complete switch from the popular RON A92 petrol to biofuel E5, but many obstacles lie in the path of achieving it.
The popularity and consumption of E5 bio-fuel remained below the
government''s expectations due to inadequate support with regard to
lowering its prices and ensuring supply.
Binh Son Oil Refinery Co Ltd reported at a conference on Wednesday that
it produced 5.81 million tonnes of oil this year, earning VND127.8
trillion (around US$6 billion) or 128 per cent of its yearly target.
The national retail petrol prices have been slashed by VND2,058
(US$0.09) per litre from 3pm on December 22, the Viet Nam National
Petroleum Group (Petrolimex) said.
Vietnamobile, the country''s fourth largest mobile operator, announced on
October 14 that it has become an official partner of English football
club Chelsea in Viet Nam.
Deputy Prime Minister Vu Van Ninh met with US parliamentarians and
businesses on Tuesday to discuss ways to enhance bilateral economic and
trade ties with a focus on the acceleration of the Trans-Pacific
Partnership (TPP).
Economic ties with Myanmar are expected to strengthen following the
visit to Viet Nam by the Speaker of the National Assembly, Thura U Shwe
Mann, earlier this month.