Prime Minister Pham Minh Chinh has called for accelerating production, distribution and use of biofuels in a Directive issued on February 26.
The move is seen as a strategic step toward gradually replacing fossil fuels, strengthening energy security, and delivering on Vietnam’s commitment to achieve net-zero emissions by 2050.
The Government leader requested heads of relevant ministries, agencies and local authorities to promptly integrate targets for promoting biofuel consumption into upcoming sectoral strategies, master plans, projects and legal documents.
They were also tasked with reviewing and assessing the potential and effectiveness of emerging sectors related to biofuel development, production and consumption, while accelerating the rollout of programs, projects and pilot models linked to biofuels—particularly in transport, industry and agriculture.
The Prime Minister assigned the Ministry of Industry and Trade to take the lead, in coordination with other ministries and localities, in formulating a detailed roadmap for biofuel blending ratios with conventional fuels. The ministry is responsible for ensuring a stable supply of bio-petrol to meet domestic demand, encouraging enterprises to invest in infrastructure for biofuel production and distribution, and strengthening inspection and supervision in line with regulations.
It was also directed to promote domestic biofuel production to gradually secure self-reliance in the supply of E100.
In addition, the ministry must closely monitor domestic and international markets, analyse and forecast biofuel supply and demand trends to ensure stable provision and timely responses to consumption needs. Contingency plans are to be developed to address potential market fluctuations and minimise risks for consumers and businesses.
Google translate