Vietnam promotes renewal energy development

As fossil fuels run out, the use of renewable energy is necessary for Vietnam's development orientation and energy security. Vietnam is considered a country with a great potential for renewable energy.

Vietnam has a great potential for wind, solar, and biomass energy. A recent survey shows that Vietnam’s total wind power potential is between 7,000 and 8,700 MW, mainly concentrated in the central coast, southern, and central highlands areas and islands.

With a total of about 2,500 hours of sunshine a year, Vietnam has a strong potential to develop solar energy.

As heavy investment in industries and the population are on the rise, meeting the growing demand for electricity is a real problem. Renewable energy is one solution adopted by many countries to replace the power based on dwindling fossil fuels.

Aware of the potential of renewable energy for Vietnam’s socio-economic development, the Vietnamese government has approved a strategy for renewable energy development in Vietnam by 2030 with a vision to 2050.

Tran Viet Ngai, Chairman of the Vietnam Energy Association, said, “Fossil fuels are running out and causing environmental pollution, especially coal power plants. This makes renewal energy essential. Vietnam has a plan to develop renewable energy by 2030 with a vision to 2050. Thanks to this policy, a number of foreign companies have invested in wind and solar power in Vietnam.”

Despite its great potential, the exploitation of wind, solar, and biomass energy in Vietnam remains on a small pilot scale. 

In 2013, 10 wind turbines with a capacity of 16 MW - the first phase of the Bac Lieu wind power project – were officially connected to the national power grid, providing more than 100 MW of electricity per day. 

In the second phase, an additional 50 wind power towers with a capacity of 83 MW will be built. This is one of 3 wind power plants that have been put into operation. 

The other projects are in Tuy Phong district and on Phu Quy Island in Binh Thuan province. The two largest solar power projects are the Di An project, with a capacity of 212 KW, and the Saigon Hi-Tech 200 KW project.

More and more companies are getting involved in manufacturing batteries and solar equipment, according to Vu Minh Phap, Deputy Director of the Center for New Energy and Renewable Energy.

“We have formed a market for domestic solar cell and component manufacturers, which will reduce the cost of renewable energy systems,” Phap said.

Each kind of energy - small hydropower, wind energy, solar energy, biomass energy, and bioenergy - needs different technologies and policies to develop in line with global trends and practical conditions within Vietnam.

Doan Van Binh, Director of the Institute for New Energy and Renewable Energy, said, “We are particularly interested in biomass energy. Input materials that are by-products of agroforestry production and husbandry been used to produce solid energy in various forms, such as bio-tablets, bio-coal or fuel rods. We have also created different forms of biogas, and bio-chemicalization of biomass.”

According to the scenario for renewable energy development, Vietnam can exploit 3,000 to 5,000MW with an output of more than 10 billion kWh from renewable energy by 2025.

VOV5

Other News

Private economic sector poised for breakthrough growth

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Ministry establishes monitoring framework for carbon market

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.

Biofuel ready for nationwide rollout

Biofuel ready for nationwide rollout

For biofuels, particularly E10, to develop successfully, stronger and more coordinated policies are needed, especially pricing mechanisms capable of creating a sufficiently attractive gap between E10 and mineral-based petrol, an expert has said.

Vietnamese farm produce promoted at African investment, trade forum

Vietnamese farm produce promoted at African investment, trade forum

The 12th Africa Forum for Investment & Commerce (AFIC 12) opened in Algiers, the capital of Algeria, on May 9, drawing around 2,000 participants, including officials, economists, businesses, financial and development organizagtions from 43 African countries and international partners, including Vietnam.

Int'l medical, pharmaceutical expo opens in Hanoi

Int'l medical, pharmaceutical expo opens in Hanoi

The exhibition, which runs until May 9 at the Hanoi International Centre for Exhibition, showcases advanced products and technologies across a range of fields, including pharmaceuticals, drug manufacturing machinery and equipment, medical devices, hospital and clinic services and dental equipment.

Mega projects to transform Ho Chi Minh City urban landscape

Mega projects to transform Ho Chi Minh City urban landscape

Leading the charge in this massive building spree is the new central city square in the core of the Thu Thiem new urban area. Spanning more than 20 ha, it’s the crown jewel of the Central Square and new administrative center complex.

Vietnam establishes itself as one of region’s most dynamic manufacturing and supply bases

Vietnam establishes itself as one of region’s most dynamic manufacturing and supply bases

The country’s stable political and economic environment provides a critical foundation for long-term sourcing strategies. At the same time, Vietnam has demonstrated a strong ability to scale up manufacturing, supported by a continuously expanding industrial base capable of meeting both high-volume demand and increasingly complex technical and quality requirements.

Vietnamese pomelos gain broader access to Australian market

Vietnamese pomelos gain broader access to Australian market

The update by Australia’s Department of Agriculture, Fisheries and Forestry to its Biosecurity Import Conditions system (BICON) on April 10, officially setting out import conditions for Vietnamese pomelos, is regarded as a major milestone in market access efforts.

Vietnam's industry spearheads transition to circular economy

Vietnam's industry spearheads transition to circular economy

The circular economy is no longer just a policy choice. It has become an inevitable trend for delivering sustainable and green growth, sharpening competitiveness at home and abroad, and meeting Vietnam’s net-zero emissions target by 2050. It is now a prerequisite to sustain long-term economic expansion, particularly in industrial production and supporting industries.

Nearly 100 tonnes of Vietnamese fruits, vegetables airlifted to UAE

Nearly 100 tonnes of Vietnamese fruits, vegetables airlifted to UAE

Vietnamese fresh produce and processed foods are increasingly recognised for their quality, with items such as cashew nuts, coffee and spices gaining popularity among Middle East consumers. In 2025, Vietnam’s farm produce exports to the UAE exceeded 445 million USD, up nearly 24% year-on-year.