Mandatory regulation considered to consume gasoline E5

The Government should consider issuing a mandatory regulation for consumption of gasoline E5 with ethanol because consumers prefer conventional petrol to the blend, said Dang Vinh Sang, Saigon Petrol Director General.

The Saigon Petrol One Member Limited Company is one of the pioneers for the distribution of the blend.

Consumption of gasoline E5 is meeting with difficulties because consumers are unaware of its benefits and in their habit of using traditional fuels like Ron 92 and Ron 95, he said.

Sang proposed another solution which the Government subsidy the gasoline E5 and E10 to encourage consumption.

The subsidization should be able to make the E5 price lower than that of conventional fuel. At present, their prices are same.

Related articles:
Gasoline E5 with ethanol will be available throughout the country
Marketing steps up game to encourage use of E5 gasoline

By Lac Phong – Translated by Hai Mien

Other news

Most view

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

185 leading domestic & in't enterprises join in VN ETE 2018

The Vietnam Exhibition of Electrical Technology and Equipment (Vietnam ETE 2018) and the Exhibition of Products, Technologies for Energy Saving and Green Power (ENERTEC EXPO 2018) yesterday kicked off in HCMC’s Saigon Exhibition Convention Center in district 7.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SAS profits VND 118bln

The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.