Leaders from the Renewable Fuels Association, U.S. Grains Council (USGC) and Growth Energy this week signed a Memorandum of Understanding (MOU) with Petrolimex, the largest petroleum distributor in Viet Nam, to promote the implementation of greater ethanol usage in that country.

The MOU follows the Viet Nam Ministry of Industry adopting a directive in December 2024 that aims to boost fuel ethanol utilization across the country. The directive outlines plans to promote the use of E5 RON92 and E100, develop new pricing mechanisms for ethanol blended gasoline, and coordinate potential amendments and technical regulations and standards for fuels.

U.S. ethanol industry leaders signing the MOU included RFA General Counsel and Vice President, Government Affairs Edward S. Hubbard, Jr.; USGC Chairwoman Verity Ulibarri; and Growth Energy CEO Emily Skor.

“This event is a big first step toward building Viet Nam’s capacity to leverage fuel ethanol so the country may take advantage of all the benefits ethanol provides. It promises to deepen our bilateral economic cooperation and trade between our countries. The U.S. ethanol industry is excited to work with the leaders in Viet Nam to bolster Petrolimex’s and Viet Nam’s fuel ethanol supply chain and infrastructure.”