The Ministry of Trade and Industry of Vietnam said that it has recently submitted to the government for approval a bio-fuel development plan through 2015 and vision toward 2025, which is aimed to produce and put in use E5 gasoline and B5 bio-diesel nationwide by 2025.
Between 2007 and 2010, Vietnam targets to build and develop trial models of producing bio-fuel with scales of 100,000 tons of E5 and 50,000 tons of B5 annually, to feed 8 per cent of the national demand.
In the 2011-2015 period, the country aims to build and develop bio-fuel production and application units nationwide to feed 20 per cent of the national demand by E5 and B5.
By 2025, Vietnam will endeavor to produce ethanol and vegetable oil at large-scale to fulfill all the country’s fuel demand with E5 and B5.
To realize the targets, the country plans to learn technology of mixing gasoline, condensate, nafta, diesel oil with ethanol, bio-diesel and additives to produce E5 gasoline, which will contain 95 per cent unleaded petrol and 5 per cent of ethanol; and manufacture B5 diesel, which will include 95 per cent of unleaded diesel and 5 per cent of bio-diesel.
In over the one decade, Vietnam will develop distribution networks for the products across the country with focus on big cities of Hanoi and Ho Chi Minh City.
Vietnam, which is facing an adverse power thirst and heavily dependent on hydroelectricity, embraces great potential of renewable energy development such as wind power, bio-fuel, and solar energy.
However, only a modest volume of renewable energy was produced in Vietnam, including 1 MW by the solar-based system, 1.2 MW by the wind-to-power system and 2.4 MW by the garbage-based system in 2005. (Industry)
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