Vietnam to Transition to Ethanol-Blended Fuel to Increase U.S. Imports

Reported about 3 hours ago

Vietnam plans to fully switch to ethanol-blended gasoline, specifically E10, starting next year to enhance imports of ethanol and corn from the U.S. This move aims to reduce the trade deficit with the United States, its largest export market, where it recorded a $123 billion deficit last year. The government has proposed this transition as an effective method to boost U.S. goods imports while also contributing to carbon emission reduction goals.

Source: YAHOO

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