With a 10 percent blending ratio, demand is estimated at 100,000-110,000 cubic meters per month. However, according to Do Van Tuan, chairman of the Vietnam Biofuels Association, domestic production capacity is about 92,000–100,000 cubic meters per month under favorable conditions. PetroVietnam Oil Corporation (PV Oil) said it operates 13 blending facilities nationwide with a total capacity of about 300,000 cubic meters per month. The Vietnam Petroleum Association said combined blending capacity of its members is about 965,000 cubic metres per month, which it said is sufficient to meet nationwide biofuel demand. Next steps on supply confirmationFollowing the conference, Deputy Minister Tan requested businesses to submit written confirmations of their supply capacity.

Source: Tuoitre News March 29, 2026 09:18 UTC