With its abundant resources and surging demand for green energy, Vietnam is poised to become a regional leader in renewables, an energy policy official said. Still, challenges faced by investors such as uncertainty in the regulations and the shortage of infrastructures remain.
Ha Dang Son, Deputy Director of Vietnam Low Emission Energy Programme II (V-LEEP II), highlighted the country’s attractive prospects for local and foreign investors in renewables at a recent conference organized by Forbes Vietnam.
“Vietnam’s vast renewable resources, growing energy demand and supportive governmental policies are major contributing factors,” Ha said that its ample solar resources offer favorable conditions for investors as do its extensive coastline and favorable wind conditions.
