Measures sought to facilitate offshore wind power development
- 169
- Business
- 15:56 03/06/2022
DNHN - The Danish Embassy in Vietnam and the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade (MoIT) jointly held a conference in Hanoi on June 2 to discuss measures to promote the development of offshore wind power in Vietnam.

Participants held that Vietnam boasts offshore wind power potential of up to 160GW, while the national Power Development Plan 8 (PDP VIII) also sets a target of developing 7GW of offshore wind power in 2030.
However, he pointed to various barriers that should be removed to promote the development of this kind of energy.
Nguyen Manh Cuong from the Institute of Energy said that there are two options for Vietnam - increasing the transmission of power from the south where the wind power potential is great to the northern region, and developing offshore wind power in the north.
He underlined the significant role of offshore wind power when Vietnam realises its net-zero emission by 2050.
Cuong noted that northern coastal localities have registered the development of 51,000MW of offshore wind power. However, the region aims to develop 4,000MW, which means only most feasible projects will be selected.
According to Cuong, one of the problems in the power connection is a lack of planning for an undersea cable system connecting offshore wind power projects to minimise impacts on ecosystems, marine transportation and fishermen's livelihoods.
He also pointed to the need to ensure the harmony in interests of all parties involving in wind power projects, and making administrative procedures in the field simpler.
Meanwhile, Stuart Livesay, General Director of La Gan wind power project, held that in order to avoid risks, Vietnam should soon design relevant planning and give detailed guidance to businesses in developing offshore wind power.
Pham Nguyen Hung, Vice Director of the Electricity and Renewable Energy Authority, said that the Electricity Law, which is being revised, is a breakthrough step by the Government to allow the private sector to involve themselves in investing in power transmission grid.
He said that the MoIT is working to draft documents guiding the implementation of the revised law, adding that currently, some private firms have engaged in investing in power grid, but the inter-region grid must be invested by the State.
Hung also pointed to need for renovating the investment procedure and management of offshore wind power projects to facilitate their implementation.
VNA
Related news
- Connecting Leaders, Shaping the Future: Strategic Leadership Planning Meeting – CorporateConnections Hanoi A
- Sunlight - Unilever Vietnam Recognized for Outstanding Contributions to the National Initiative Supporting Women Entrepreneurs
- Deputy Prime Minister Nguyễn Chí Dũng: “The country’s major challenges weigh heavily on my mind — and we must resolve them together.
- Unitsky String Technologies signs cooperation agreements with three Vietnamese partners, opening a new direction for smart mobility and sustainable development
- When artists do business – livelihood is no poetry!
- Before the D‑day to abolish flat‑rate tax: Fear of technology and costs leave small traders struggling to adapt
- Vietnamese enterprises at a crossroads: the impact of a potential US–China deal
- "Digital technicians" must not be forgotten if Vietnam aims to meet its strategic goals
- HDBank: Impressive profit growth, leading in profitability and advancing international integration
- TNI King Coffee sued for over VND 5 Billion in unpaid debts
- VINASME and Jeonnam Technopark Sign MOU on technology cooperation, human resource training, and trade promotion
- Vietnamese entrepreneurs strengthen ASEAN connectivity in the digital iIntegration era
- Prime Minister: Vietnam aims to become a regional logistics hub
- Vietnam upgraded to Secondary Emerging Market by FTSE Russell
- Hanoi’s economy grows 7.92% in first nine months of 2025, FDI surges nearly threefold
- Vietnam’s strong gdp growth fails to ease labor market distress
- US tariffs on Brazil propel Vietnam’s pangasius into global spotlight
- VietLeap AI Accelerator launches: A strategic springboard for Vietnam’s AI startups
- CICON expands strategic alliances: A new step forward in Vietnam–Korea business connectivity
- What must Vietnamese enterprises do to maintain their position in the global supply chain?
Đọc thêm Business
Connecting Leaders, Shaping the Future: Strategic Leadership Planning Meeting – CorporateConnections Hanoi A
"Your network is your most powerful flowing asset. It generates value, multiplies opportunities, and accelerates your influence across borders."
Innovative ESG enterprise: Trạm Xe Việt startup proposes solutions to build a green mobility ecosystem
As Vietnam commits to achieving Net Zero by 2050 and tightens emissions standards, the transportation sector faces unprecedented pressure to transform.
Deputy Prime Minister Nguyễn Chí Dũng: “The country’s major challenges weigh heavily on my mind — and we must resolve them together.
On the morning of November 26, 2025, Deputy Prime Minister Nguyễn Chí Dũng chaired a high-level working session at the National Innovation Center (NIC) in Hòa Lạc.
Unitsky String Technologies signs cooperation agreements with three Vietnamese partners, opening a new direction for smart mobility and sustainable development
The signing ceremony took place in Minsk, Belarus, on November 28, 2025.
Before the D‑day to abolish flat‑rate tax: Fear of technology and costs leave small traders struggling to adapt
From 1 January 2026 the flat‑rate tax regime will be abolished. Small business households will be required to declare tax based on actual revenue. MISA supports the transition with technology to help micro‑merchants adapt smoothly and transparently.
Vietnamese enterprises at a crossroads: the impact of a potential US–China deal
As the world closely monitors every shift in US-China relations, emerging signals of a strategic agreement between the two global powers are raising hopes for global economic stability.
HDBank: Impressive profit growth, leading in profitability and advancing international integration
Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code HDB) announced its consolidated profit before tax for the first 9 months of 2025 reached VND 14,803 billion, marking a 17% increase year-on-year (YoY).
TNI King Coffee sued for over VND 5 Billion in unpaid debts
On October 21, 2025, the People’s Court of District 10 in Ho Chi Minh City officially accepted a civil lawsuit concerning a commercial contract dispute between TKT Vietnam Plastic Packaging Joint Stock Company and TNI King Coffee Co., Ltd.
VINASME and Jeonnam Technopark Sign MOU on technology cooperation, human resource training, and trade promotion
On October 15, 2025, in Hanoi, VINASME and Jeonnam Technopark (Korea) signed an MOU to promote trade, advance technology transfer, and develop human resources between enterprises of both nations.
Vietnamese entrepreneurs strengthen ASEAN connectivity in the digital iIntegration era
On the occasion of Vietnam Entrepreneurs’ Day (October 13), an international event themed “Integration – Innovation – Sustainable Development” was solemnly held in Ho Chi Minh City.

