Some Southeast Asian countries have expressed interest in purchasing Vietnam's renewable energy, according to the Institute of Science and Environment, Seas and Islands under the Ministry of Natural Resources and Environment.
According to Dư Văn Toán from the institute, Vietnam 's total installed power capacity hit 78.4 GW by 2021, making it the largest power system among ASEAN nations. Vietnam has also made significant investments in renewable energy in recent years.
Vietnam’s offshore wind power is projected to reach 6,000 MW by 2030, with a goal of surpassing 70,000 MW by 2050.
The National Power Development Plan VIII for the 2021 - 2030 period outlines a path for the strong development of offshore wind power, as well as other renewable energy including solar, onshore wind power, hydro, and biomass to meet domestic and export demands.
