Wholesale petrol traders should make more efforts to raise the market share of bio-fuel E5 in the country, said Deputy Minister of Industry and Trade (MoIT) Do Thang Hai.
The balance of the petrol price stabilisation fund surged to more than VND5.1 trillion (US$ 224 million) at the end of the fourth quarter of 2017, the Ministry of Finance has reported.
Southern cities and provinces are ready to switch from the RON92 grade petrol to E5 biofuel starting next year, but concerns remain over its pricing and consumer preference.
The petrol management of the Ministry of Industry and Trade (MoIT) and Ministry of Finance has seen positive results. This has been voted as one of 10 outstanding events of the two ministries. MoIT''s deputy minister Do Thang Hai talked...
