Update news bio-fuel

HCM City banks urged to slash bad debt; New FDI approvals surge 67% in January; Vietnam companies dragged down by old technology; Banks speed up lending ahead of Tet; ANZ: Vietnam consumer confidence drops slightly

Ministries discuss solutions to spur bio-fuel sales

The Ministry of Finance (MOF) plans to raise the import tariff on E5 bio-fuel sharply by seven times so as to protect domestic production and encourage sales in Vietnam.

HCMC sells bio-fuel E5 from Nov, Hanoi from Dec.

VietNamNet Bridge – Hanoi will officially sell bio-fuel E5 at 42 petrol stations from next month onwards, according to the municipal Department of Industry and Trade.

Social News 23/10

 Market waste causes a stink in Long Bien area; Medicine sector in mountainous districts faces difficulties; 22,300 students take part in 2014 TOEFL Junior Challenge; Young man creates street library in Danang


HCM City wants bio-fuel sold at more gas stations; EVN says extra 700MW for national grid this month; Cashew firms decry shortage of material; Draft investment law bans 11 business areas; Local steel firms concerned about Russian imports

Quang Ngai offers bio-fuel

 All 150 petrol stations in the central province of Quang Ngai began selling a new, cleaner brand of petrol since the beginning of this week.

Bio-fuel manufacturing lags behind

 VietNamNet Bridge – While 5 per cent bio-ethanol (E5) is still a new type of energy source in Viet Nam, other countries have made more progress in producing and applying 85 and 100 per cent ethanol bio-fuel,

VN to persevere with biofuel conversion plan

 Viet Nam will continue to develop its production of bio-fuel, despite the fact it has been slow to catch on.

New HCM City programme embraces renewable energy

 VietNamNet Bridge – From now to 2015, the city's Green Energy programme will promote the use of renewable energy sources, including solar, wind, thermal and bio-fuel.

Viet Nam targets 2014 for bio-fuel project

 VietNamNet Bridge – Viet Nam will start blending bio-fuels with petrol to power road vehicles from 2014, as the government seeks to push ahead with its commitment to establish green credentials.