Vietnam’s renewable energy (RE) development is ambitious. As the Ministry of Industry and Trade (MOIT) proposes the latest development direction to the Prime Minister, anticipates establishing two cross-regional RE industrial and service centers located in the Northern and South Central to Southern areas, as focal points for industrial development. It details the strengths and characteristics of each region and mandates all relevant authorities to complete the development plans by 2027.
In the Northern region, these focus on Hai Phong City, Quang Ninh Province, and Thai Binh Province. The offshore wind power is projected to reach a capacity of 2,000 MW, while onshore and nearshore wind power could achieve up to 500 MW. The development direction also emphasizes constructing new manufacturing facilities for RE equipment and new energy production. It also aims to enhance port operations and provide ancillary services for the construction, operation, and maintenance of these sites. Additionally, plans include the establishment of low-carbon emission green industrial parks, RE research centers, and training institutions.
