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Vietnam boosts bioethanol blending, lifting corn and wheat imports

Corn imports are projected to rise to 13.5 million tonnes in 2025-26, with 49% growth already seen in the first half of 2026.

Reported · Written up by our desk · Agriculture

Vietnam is increasing both domestic bioethanol production and gasoline bioethanol blending, prompting structural changes in how feed ingredients are sourced, according to a report from the Foreign Agricultural Service of the US Department of Agriculture.

The FAS said Vietnam mandated bioethanol blending in all gasoline in early June, while domestic corn output continues to fall as farmers shift toward more profitable crops like fruit and coffee. The report linked the shift to higher input costs and competitively priced imported corn, which is expected to drive corn imports to 13.5 million tonnes in 2025-26 and 15 million tonnes in 2026-27.

So far, corn imports totaled 6.8 million tonnes in the first half of calendar year 2026, up 49% year on year. With demand for corn from the domestic ethanol-blending industry rising, feed millers are substituting imported wheat, especially less expensive feed wheat, in animal feed rations, the FAS said.

The agency forecast Vietnam’s corn production at 3.7 million tonnes for the current marketing year starting in May, versus 3.8 million tonnes in 2025-26. For wheat, imports are projected at 7.28 million tonnes in 2025-26 before declining to 6.2 million tonnes in 2026-27 due to high ending stocks from 2025-26, while rice exports are still expected to rise to 8.2 million tonnes in 2025-26 and 8.0 million tonnes in 2026-27.

Latest closeGasoline (RBOB) $2.832 ▼0.7%|Wheat $644.00 ▲0.9%|Corn $460.75 ▲4.2%

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