ECONOMY-SCIENTIFIC-TECHNOLOGY
Establishment of the Vietnam Biofuel Association
10 December 2011 | 02:27:00 PM
On November 11, 2011, at My Dinh National Convention Center (Hanoi), the Vietnam Biofuel Association was established. The event was witnessed by representatives of a number of line ministries, research institutes, biofuel production and trading corporates and enterprises, and media.
This is the first socio-professional association in the field of biofuel in Vietnam. It aims at economic development, contribution to ensuring energy safety, and actively protection of the environment. An association's action program as well as activity orientations adopted at the establishing ceremony have addressed a number of issues like striving to fully provide ethanol for the Vietnam market till 2016 (i.e. 250,000 tons of E5 gasoline and 500,000 tons of E10 gasoline) and, at the same time, to spare a certain amount of fuel for export, step by step to fully satisfy the need of biodiesel, actively influencing fuel prices, harmonically ensuring benefits of fuel producers and consumers, and raising community awareness on benefits of using biofuels. Especially, the association will collaborate with relevant sectors and social organizations in consulting the Government on elaborating projects and concrete policies to encourage production and promote extended using of biofuel. These activities would effectively improve peasant lives and, at the same time, contribute to ensuring fuel safety and the environment protection.
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