Vietnam: Vietnam Ethanol Background Report

  |   Attaché Report (GAIN)

Vietnam’s gasoline consumption has grown steadily at approximately 4-5 percent per annum. In addition to local exploitation and production, Vietnam spent approximately $2.5 billion on imports of crude oil and petroleum products, including ethanol, in the first three months of 2020. Although ethanol supporting regulations have gradually increased since 2007 in recognition of ethanol’s environmental benefits, the commercialization of five percent ethanol blended gasoline (E5) was pushed back to 2018. A lack of understanding by consumers of the environmental benefits of ethanol blended gasoline, as well as persistent rumors that it harms vehicle engines, continue to negatively affect sales of E5 gasoline. The Government of Vietnam (GVN) recently reduced the most favored nation (MFN) import tariff on ethanol to 15 percent, effective July 10.

Vietnam: Vietnam Ethanol Background Report

Related Reports

In 2023, the value of U.S. tall oil exports to Finland and Sweden rose to nearly a quarter of a billion dollars. This is mainly due to a surge of the price of tall oil as the demand as feedstock for the production of advanced biofuels is increasing while the availability is limited.
Attaché Report (GAIN)

Denmark: Bluetongue Disease Reaches Three Nordic Countries

After the 2023 outbreak of bluetongue disease in Europe, the bluetongue virus (BTV-3) has now spread to three Nordic countries. Denmark encountered the first case of bluetongue disease on August 9, Norway on September 6, and Sweden on September 12.
The United States has become a leading supplier of beef products to China since its reentry into the market in 2017. This report reviews the development of the beef market, analyzes prospects, discusses potential opportunities, and examines in detail the distribution channels of beef products in the China market.