Vietnam outlines ambitious energy roadmap with export potential and renewable hubs

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Vietnam’s Ministry of Industry and Trade (MoIT) has approved a plan to implement the revised national power development strategy to 2030, setting out bold new targets for renewable energy, regional electricity trade, and the formation of clean energy industrial hubs across the country.

The plan, according to the MoIT, is aimed at “ensuring a timely and reliable power supply for national socioeconomic development while moving ahead of demand to serve key sectors and strategic infrastructure.” It lays out specific goals for scaling renewable energy capacity, improving cross-border electricity trade, and building an industrial ecosystem around clean energy.

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